An AES Corp (<a href="https://www.nyse.com/quote/XNYS:AES" target="_blank">NYSE:AES</a>) utility is set to invest around USD 1.1 billion (EUR 1.01bn) in energy transition projects in Pike County, Indiana, in 2024-2026 to install new solar and battery energy storage capacity and convert its last remaining coal-fired units in that state to run on gas.