AES Plans to Add 1,300 MW Renewables After Acquiring 170 MW Solar Project
Arlington-based AES acquired the 170 MW Crossvine solar-plus-storage project in Q2 2025, expected online by 2027. The company plans to expand by adding up to 1,300 MW of wind, solar and battery storage by 2027 while leveraging AI-driven data center demand to stabilize sales through global diversification.
1. Crossvine Project Acquisition
AES Indiana completed the acquisition of the 170 MW Crossvine solar-plus-storage project during Q2 2025, with commercial operations slated for 2027. This move strengthens AES’s energy storage portfolio and expands its solar footprint in key markets.
2. Renewable Capacity Expansion Plan
AES has committed to adding up to 1,300 MW of combined wind, solar and battery storage capacity by the end of 2027. These projects aim to meet rising clean energy demand and support grid reliability across its service areas.
3. AI-Driven Data Center Demand
Demand from AI-powered data centers and cloud computing facilities is driving new power contracts for AES, helping secure long-term revenue streams. AES is positioning its renewables and storage assets to serve hyperscale computing loads.
4. Global Diversification Benefits
AES’s operations span multiple continents, providing a buffer against regional market volatility and regulatory shifts. This diversification supports more stable sales growth and capitalizes on renewable energy adoption trends worldwide.