Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake
Green Car Congress
NOVEMBER 7, 2009
Global power company AES Corporation entered a binding stock purchase agreement with a wholly owned investment subsidiary of China Investment Corporation ( CIC ) to raise $1.58 billion of new equity to fund growth opportunities and extend its global leadership in the power sector. At close, CIC will acquire 125.5
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