Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Non-recourse debt [Table Text Block]

During the three months ended March 31, 2024, the Company’s following subsidiaries had significant debt issuances (in millions):

Subsidiary	Issuances (1)
AES Indiana (2)	$	1,050
AES Andes	500

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(1)     These amounts do not include revolving credit facility activity at the Company’s subsidiaries.

(2)     Issuances relate to both AES Indiana and its parent company, IPALCO.

Debt In Default

The following table summarizes the Company’s subsidiary non-recourse debt in default (in millions) as of March 31, 2024. Due to the defaults, these amounts are included in the current portion of non-recourse debt unless otherwise indicated:

Subsidiary	Primary Nature of Default	Debt in Default		Net Assets
AES Mexico Generation Holdings (TEG and TEP)	Covenant	$	143	$	29
AES Ilumina (Puerto Rico)	Covenant	24		29
AES Jordan Solar	Covenant	7		11
Total		$	174