Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake
Green Car Congress
NOVEMBER 7, 2009
AES also announced the signing of a letter of intent with CIC to raise an additional $571 million of equity for an approximate 35% interest in its wind generation business. AES, with headquarters in Arlington, Virginia, owns and operates a diverse portfolio of power generation and distribution businesses in 29 countries.
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