<html xmlns="http://www.w3.org/1999/xhtml" xmlns="http://www.w3.org/1999/xhtml">
 <head xmlns="http://www.w3.org/1999/xhtml">
 <title xmlns="http://www.w3.org/1999/xhtml"></title>
 </head>
 <body xmlns="http://www.w3.org/1999/xhtml">
 
 <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aes.com&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=The+AES+Corporation&amp;index=1&amp;md5=8de125d4102411d699814f922fbf0f13" rel="nofollow" rel="nofollow">The 
 AES Corporation</a> AES and <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aimco.alberta.ca%2F&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=Alberta+Investment+Management+Corporation&amp;index=2&amp;md5=a188d81cebd5aaf2f14fce1829325ec9" rel="nofollow" rel="nofollow">Alberta 
 Investment Management Corporation</a> (AIMCo), on behalf of certain of 
 its clients, have agreed to acquire FTP Power LLC (sPower), the largest 
 independent owner, operator and developer of utility scale solar assets 
 in the United States, from Fir Tree Partners and its minority owners, 
 for $853 million in cash, plus the assumption of $724 million in 
 non-recourse debt. In connection with the transaction, AES and AIMCo 
 will each directly and independently purchase and own slightly below 50% 
 equity interests in sPower.
 

This Smart News Release features multimedia. View the full release here: 
<a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170224005323/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170224005323/en/
</a>

 
 sPower, a Fir Tree portfolio company that the firm capitalized in 2014, 
 owns and operates utility and commercial distributed electrical 
 generation systems across the United States. The sPower portfolio 
 includes 1,274 MW of solar and wind projects in operation or under 
 construction and a development pipeline of more than 10,000 MW located 
 in the United States. The operating assets and projects under 
 construction are under long-term Power Purchase Agreements (PPA) with an 
 average remaining life of 21 years. The offtakers under the PPAs have an 
 average credit rating of A1. After closing, AES' ownership of renewable 
 energy projects in operation and under construction will grow from 8,278 
 MW to 9,552 MW, including hydro, wind, solar and energy storage.
 
 
 "We are very pleased to acquire sPower, the largest independent solar 
 developer in the United States. sPower not only brings 1.3 GW of 
 installed capacity with an average remaining contract life of more than 
 20 years, but a first class management and development team with a 
 pipeline of more than 10 GW of projects," said <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aes.com%2Fabout-us%2Four-leadership%2Fperson-details%2Fdefault.aspx%3FItemId%3Db7c57a3e-15be-42be-95c1-3e3e0ad7066f&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=Andr%C3%A9s+Gluski&amp;index=3&amp;md5=0851fa86c0c16d56b3c8b0f0da5bb52d" rel="nofollow" rel="nofollow">Andrés 
 Gluski</a>, AES President and Chief Executive Officer.
 
 
 "AIMCo is excited to acquire an approximate 50% interest in sPower, on 
 behalf of our clients and consistent with our investment mandate, and in 
 partnership with AES," stated Kevin Uebelein, Chief Executive Officer of 
 AIMCo. "sPower is an impressive organization that has and continues to 
 successfully develop and execute a robust renewable energy development 
 pipeline, delivering value to all of its many stakeholders. Our partner, 
 AES, is a world class leader in sustainable energy and we are delighted 
 to be working with them."
 
 
 "It is extremely rewarding to realize Fir Tree's vision for sPower with 
 this agreement between our company and AES and AIMCo," said Jeffrey 
 Tannenbaum, Chairman of the Board of sPower and founder of Fir Tree 
 Partners. "sPower's innovation and significant commercial success in 
 just three years is testament to its outstanding management team and 
 demonstrates that clean energy is a strong and profitable tool for 
 driving economic growth and meaningful job creation for skilled workers. 
 Clean energy is the future and the opportunity ahead for sPower is very 
 large. We believe AES and AIMCo are the right partners to support the 
 company's continued evolution and ambitious goals for clean energy 
 development, job creation, and greenhouse gas reductions."
 
 
 Ryan Creamer, Chief Executive Officer of sPower, said, "With the help of 
 Fir Tree, we have experienced incredible growth over the last three 
 years. We are excited to become part of the AES/AIMCo partnership and we 
 are confident that it positions us to continue to grow, develop and 
 maximize the platform that we have created. On behalf of the entire 
 sPower team, I want to thank Fir Tree for its support and vision that 
 have been so critical to our success."
 
 
 This transaction is expected to close by the third quarter of 2017, 
 subject to review or approval by the Federal Energy Regulatory 
 Commission, the Committee on Foreign Investment in the United States and 
 the expiration or termination of any waiting period under the 
 Hart-Scott-Rodino Act. The acquisition price is subject to customary 
 post-signing purchase price adjustments.
 
 
 AES will provide its 2017 guidance and longer-term expectations, and 
 discuss this transaction on its fourth quarter and full year 2016 
 financial review call on February 27, 2017.
 
 
 A Fact Sheet listing sPower's operating assets and projects under 
 construction accompanies this Press Release.
 
 
 About AES
 
 
 The AES Corporation AES is a Fortune 200 global power company. 
 We provide affordable, sustainable energy to 17 countries through our 
 diverse portfolio of distribution businesses as well as thermal and 
 renewable generation facilities. Our workforce of 21,000 people is 
 committed to operational excellence and meeting the world's changing 
 power needs. Our 2015 revenues were $15 billion and we own and manage 
 $37 billion in total assets. To learn more, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aes.com&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=www.aes.com&amp;index=4&amp;md5=1754c5c35ccffe265b3ddecbb2cac803" rel="nofollow" rel="nofollow">www.aes.com</a>. 
 Follow AES on Twitter <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.twitter.com%2FTheAESCorp&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=%40TheAESCorp&amp;index=5&amp;md5=4781a4ead3e8ee8caa857655140c4654" rel="nofollow" rel="nofollow">@TheAESCorp</a>.
 
 
 About AIMCo
 
 
 AIMCo is one of Canada's largest and most diversified institutional 
 investment managers with more than $95 billion of assets under 
 management. AIMCo was established on January 1, 2008 with a mandate to 
 provide superior long-term investment results for its clients. AIMCo 
 operates at arms-length from the Government of Alberta and invests 
 globally on behalf of 31 pension, endowment and government funds in the 
 Province of Alberta. For more information on AIMCo please visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aimco.alberta.ca&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=www.aimco.alberta.ca&amp;index=6&amp;md5=f33f1d75543786708563dcc907e63b26" rel="nofollow" rel="nofollow">www.aimco.alberta.ca</a>.
 
 
 About sPower
 
 
 Headquartered in Salt Lake City, with offices in San Francisco, Long 
 Beach and New York City, sPower is the largest private owner of 
 operating solar assets in the United States. sPower owns and operates 
 utility and commercial distributed electrical generation systems across 
 the U.S. producing in excess of 1.1 GW of power. Additionally, sPower 
 has an in-construction and development pipeline in excess of 10 GW. For 
 more information on sPower, please visit <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.spower.com&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=www.spower.com&amp;index=7&amp;md5=5f8f8c9ba7f1dbf1bf0f61497131d6a6" rel="nofollow" rel="nofollow">www.spower.com</a>.
 
 
 About Fir Tree Partners
 
 
 Fir Tree, founded in 1994, is a private investment firm with 
 approximately $10 billion of capital under management. The firm invests 
 worldwide in public and private companies, real estate, and debt. Fir 
 Tree manages assets on behalf of leading endowments, foundations, 
 pension funds, and sovereign wealth funds. The firm maintains offices in 
 New York and Miami.
 
 
 AES Safe Harbor Disclosure
 
 
 This news release contains forward-looking statements within the meaning 
 of the Securities Act of 1933 and of the Securities Exchange Act of 
 1934. Such forward-looking statements include, but are not limited to, 
 statements regarding the expected timeline for completing the proposed 
 transaction, sPower's projects under development, the Company's future 
 cash flows, improvement in the Company's credit metrics and growth of 
 the Company's dividend. Forward-looking statements are not intended to 
 be a guarantee of future results, but instead constitute AES' current 
 expectations based on reasonable assumptions. Forecasted financial 
 information is based on certain material assumptions. These assumptions 
 include, but are not limited to, our accurate projections of future 
 interest rates, commodity price and foreign currency pricing, continued 
 normal levels of operating performance and electricity volume at our 
 distribution companies and operational performance at our generation 
 businesses consistent with historical levels, as well as achievements of 
 planned productivity improvements and incremental growth investments at 
 normalized investment levels and rates of return consistent with prior 
 experience.
 
 
 Actual results could differ materially from those projected in our 
 forward-looking statements due to risks, uncertainties and other 
 factors. Important factors that could affect actual results are 
 discussed in AES' filings with the Securities and Exchange Commission 
 (the "SEC"), including, but not limited to, the risks discussed under 
 Item 1A "Risk Factors" and Item 7: Management's Discussion &amp; Analysis in 
 AES' 2015 Annual Report on Form 10-K and in subsequent reports filed 
 with the SEC. Readers are encouraged to read AES' filings to learn more 
 about the risk factors associated with AES' business. AES undertakes no 
 obligation to update or revise any forward-looking statements, whether 
 as a result of new information, future events or otherwise.
 
 
 Any Stockholder who desires a copy of the Company's 2015 Annual Report 
 on Form 10-K dated on or about February 23, 2016 with the SEC may obtain 
 a copy (excluding Exhibits) without charge by addressing a request to 
 the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson 
 Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, 
 but a charge equal to the reproduction cost thereof will be made. A copy 
 of the Form 10-K may be obtained by visiting the Company's website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.aes.com&amp;esheet=51515644&amp;newsitemid=20170224005323&amp;lan=en-US&amp;anchor=www.aes.com&amp;index=8&amp;md5=daf4b10599aa5f635fbcc37730f74258" rel="nofollow" rel="nofollow">www.aes.com</a>.
 
 
 
 <img xmlns="http://www.w3.org/1999/xhtml" alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20170224005323r1&amp;sid=benz2&amp;distro=nx&amp;lang=en"></img>View source version on businesswire.com: <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.businesswire.com/news/home/20170224005323/en/" rel="nofollow" rel="nofollow">http://www.businesswire.com/news/home/20170224005323/en/</a></body></html>

Press Releases

AES and AIMCo Agree to Acquire sPower, the Largest Independent Solar Developer in the United States, from Fir Tree Partners - AES (NYSE:AES)

AES and AIMCo Agree to Acquire sPower, the Largest Independent Solar Developer in the United States, from Fir Tree Partners

ALMTF

TSX:AII


Almonty Industries Inc. (&#34;Almonty&#34; or the &#34;Company&#34;) (TSX:AII, OTCQX:ALMTF) is pleased to announce that, further to its news release dated March 22, 2024, it has closed three tranches of its non-brokered private

Almonty Closes Additional Tranches of Private Placement


Sandata stands in support of all homecare providers in New York and opposes state legislation that negatively impacts CDPAP.


Sandata, a leading provider of Agency Management, Electronic Visit Verification (EVV) and

Sandata Opposes Singular Fiscal Intermediary to Manage Care In New York

FFIE


Faraday Future Intelligent Electric Inc. (&#34;Faraday Future&#34; or the &#34;Company&#34;) (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced that it received a letter

Faraday Future Receives Letter from Nasdaq Regarding Form 10-K Filing


Tuesday, April 23


The Port Commission of the Port of Houston Authority will hold its Regular Monthly Meeting on Tuesday, April 23, 2024, beginning at 9:15 a.m. A quorum of the Port Commission, along with executive

Port Houston Regular Commission Meeting


The acquisition of assets represents a strategic expansion of products and services to fuel customer innovation, while providing business continuity for existing Synapse clients and banks


TabaPay, Inc., the leading

TabaPay to Acquire the Assets of Synapse Financial Technologies, Inc.

DOCS


Kahn Swick &amp; Foti, LLC (&#34;KSF&#34;) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 17, 2024 to file lead plaintiff applications in a securities

DOXIMITY SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Doximity, Inc. - DOCS