Insider Trading Policies and Procedures	12 Months Ended
Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Not Adopted	The AES Board of Directors has adopted an insider trading policy and related procedures that govern the purchase, sale, and other dispositions of AES’ securities by directors, officers, and employees of AES and its subsidiaries, including IPALCO, as well as by AES itself. AES’ insider trading policy and related procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and the listing standards of the New York Stock Exchange. IPALCO has not adopted a separate insider trading policy because none of its securities are publicly traded and it only has two shareholders of its common stock: AES U.S. Investments and CDPQ, whose obligations as shareholders are governed by the Shareholders’ Agreement (as defined below).

Insider Trading Policies and Procedures

12 Months Ended

Dec. 31, 2024

Insider Trading Policies and Procedures [Line Items]

Insider Trading Policies and Procedures Not Adopted

The AES Board of Directors has adopted an insider trading policy and related procedures that govern the purchase, sale, and other dispositions of AES’ securities by directors, officers, and employees of AES and its subsidiaries, including IPALCO, as well as by AES itself. AES’ insider trading policy and related procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and the listing standards of the New York Stock Exchange. IPALCO has not adopted a separate insider trading policy because none of its securities are publicly traded and it only has two shareholders of its common stock: AES U.S. Investments and CDPQ, whose obligations as shareholders are governed by the Shareholders’ Agreement (as defined below).