The AES Corporation (AES.F)
- PR Newswire
AES Agrees to Sell its Equity Interest in AES Brasil for Approximately $640 Million
The AES Corporation (NYSE: AES) announced today that it has agreed to sell its 47.3% equity interest in AES Brasil to Auren Energia for approximately $640 million in proceeds to AES. This sale will be completed in conjunction with a merger between AES Brasil and Auren Energia, with AES Brasil shares valued at approximately 11.55 Brazilian Real per share, before purchase price adjustments.
- POWER Magazine
How Grid Enhancing Technologies Are Expanding Electric Power Transmission System Capabilities
It’s no secret that power grids around the world need to expand to accommodate more renewable energy and the so-called “electrification of everything.” The latter, of course, refers to the […]
- Zacks
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