The AES Corporation announced that it will record a pre-tax impairment charge estimated between $250 million and $325 million related to its Maritza power plant in Bulgaria. The impairment stems from a decision not to invest in converting the plant to an alternative fuel source and uncertainty regarding a new power purchase agreement after the current agreement expires in May 2026. This charge, recognized as of December 31, 2025, reflects the reduced recoverable value of the plant's assets and will be finalized with the company’s 2025 annual financial filings. The impairment is not expected to affect the plant’s ability to meet its current contractual obligations or impact its cash flows through the expiration of the existing agreement.

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