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Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake

Green Car Congress

AES, with headquarters in Arlington, Virginia, owns and operates a diverse portfolio of power generation and distribution businesses in 29 countries. CIC is a long-term institutional investor operated on a commercial basis. More than two-thirds of AES’ revenue is generated outside of the United States.

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The Do-or-Die Moments That Determined the Fate of the Internet

Cars That Think

Emboldened by the clear demand for commercial networking equipment, these startups raised millions from investors and immediately began selling products for local area networking. And it wasn’t just hype by academics: Within a couple of months, three new companies were formed— Sytek , 3Com , and Ungermann-Bass. in December of the same year.

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