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AES vs XIFR

AES Corporation and XPLR Infrastructure, LP

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AES Corporation

The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,109 megawatts and distributes power to 2.7 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

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XPLR Infrastructure, LP

XPLR Infrastructure, LP acquires, owns, and manages contracted clean energy projects in the United States. It operates a portfolio of contracted clean energy assets, including wind, solar, and battery storage projects, as well as invests in contracted natural gas pipeline assets. The company was formerly known as NextEra Energy Partners, LP and changed its name to XPLR Infrastructure, LP in January 2025. XPLR Infrastructure, LP was incorporated in 2014 and is based in Juno Beach, Florida.

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