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Press Release Investor Contact : Ahmed Pasha 703-682-6451 Media Contact : Amy Ackerman 703-682-6399 Strategic Accomplishments Signed 1,088 MW of new PPAs for renewables and energy storage , including a 10 - year supply agreement with Google for 500 MW of 24/7 carbon - free energy in Virginia ● aes AES Achieves Key Strategic Milestones ; Reaffirms 2021 Guidance and 7 % to 9 % Average Annual Growth Target Through 2025 ● Q1 2021 Financial Highlights Diluted EPS of ( $ 0.22 ) , compared to $ 0.22 in Q1 2020 , primarily reflecting higher impairments of $ 0.45 Adjusted EPS¹ of $ 0.28 , compared to $ 0.29 in Q1 2020 Secured a 20 - year agreement for 34 TBTU of excess LNG throughput capacity in Central America Fluence maintained its global lead in the energy storage market and signed an agreement with Northvolt to co - develop next - generation battery technology Financial Position and Outlook Reaffirming 2021 Adjusted EPS¹ guidance range of $ 1.50 to $ 1.58 Reaffirming 7 % to 9 % average annual growth target through 2025 ARLINGTON , Va . , May 6 , 2021 - The AES Corporation ( NYSE : AES ) today reported financial results for the quarter ended March 31 , 2021 . " We continue to see an incredible opportunity for growth , spurred by the transformation of the electricity sector and we have taken decisive action to position ourselves as a leader in this transition . This week , we announced a 10 - year agreement with Google to provide 24/7 carbon - free energy , designed to match the load of their data centers in Virginia . This unique product sets a new standard in renewable procurement for commercial and industrial customers , who signed 23 GW of contracts for renewables in 2020 , " said Andrés Gluski , AES President and Chief Executive Officer . " We are also well on our way to achieving our annual goal of signing 4 GW of new renewables under long - term contracts , with 1,088 MW already secured year - to - date . Additionally , we secured a 20 - year tolling agreement for more than 40 % of our excess LNG terminal capacity in Central America . " " With our first quarter results we are well on our way toward achieving our full year 2021 guidance . Accordingly , we are also reaffirming our 7 % to 9 % average annual growth target through 2025 , " said Gustavo