The AES Corporation (NYSE:AES) Q1 2023 Earnings Call Transcript

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Andres Gluski: I would say, look, part of it is that, that’s what the most of our peers are using. And what we felt was most transparent is to provide EBITDA and also then the tax attributes. And so if for comparison purposes, you need to add the two, you can do so. But it was really try to make it easier on everyone by using what’s most used in the market.

Ryan Levine: And then in terms of the new developments and extending contracts in California, are you anticipating that, that get extended further beyond the initial expansion that was recently announced?

Andres Gluski: I think — we’ve got a 3-year extension. It’s — those assets — those locations are extremely valuable for the grid. So we’ll see what developments there are. But right now, 3 years going forward, it’s pretty good.

Ryan Levine: Okay. Thank you.

Andres Gluski: Thank you.

Operator: Thank you Mr. Levine. There are no additional questions waiting at this time. So I will pass the conference back over to Susan Harcourt, for closing remarks.

Susan Harcourt: We thank everybody for joining us on today’s call. We look forward to seeing many of you at our Investor Day on Monday. As always, the IR team will be available to answer any follow-up questions you may have. Thank you, and have a nice day.

Operator: That concludes today’s conference call. Thank you for your participation. You may now disconnect your lines.

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