AES Corp: All Recent News

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NY AG: AES Corp. agrees to pollution disclosures 11/19/2009

NEW YORK (AP) - AES Corp., which operates several coal-fired power plants in the U.S., has agreed to put more information about global warming in its public financial disclosures. Associated Press

Pimco's Gross Champions Utilities 11/19/2009

... At Barron's

AES Installs First Energy Storage System in Chile 11/18/2009

AES Energy Storage and A123 Systems announced the commercial operation of a 12 MW frequency regulation and spinning reserve project at AES Gener’s Los Andes substation in the Atacama Desert, Chile. Business Wire

5-Star Stocks Poised to Pop: AES 11/13/2009

Market-beating returns could be written in these five stars. At Motley Fool

Will the Baby Boom Spell Doom for Stocks? 11/12/2009

Retiring boomers will need cash. Will they dump their assets en masse? At Motley Fool

2 Power Plays: China and Wind Farms 11/10/2009

AES and NRG offer some electrifying news. At Motley Fool

AES, SPDR Gold Trust: Money Flow Leaders (AES, GLD) 11/9/2009

... At Wall Street Journal

AES Solar Energy Closes on €25 Million Non-Recourse Financing... 11/9/2009

AES Solar Energy Ltd (AES Solar), a joint venture between The AES Corporation and Riverstone Holdings LLC, announced that on October 20, 2009 one of its subsidiaries closed a €25 million... Business Wire

AES Solar Energy Closes on €25 Million Non-Recourse Financing... 11/9/2009

AES Solar Energy Ltd (AES Solar), a joint venture between The AES Corporation and Riverstone Holdings LLC, announced that on October 31, 2009 one of its subsidiaries closed three long-term... Business Wire

AES to Sell Stock to China's CIC 11/6/2009

... At Wall Street Journal

UPDATE 2-AES to raise $2.15 bln from stake sales to China's CIC 11/6/2009

... At Thomson Reuters

AES sells stake to China sovereign fund for $1.58B 11/6/2009

ARLINGTON, Va. (AP) - Global power company AES Corp. said Friday it is selling a 15 percent stake in itself to China's investment arm for $1.58 billion in a move to raise cash to develop projects around the world. Associated Press

AES expects China investment to get U.S. OK 11/6/2009

NEW YORK (MarketWatch) -- AES CEO Paul Hanrahan told analysts on a conference call that he doesn't think a $2 billion investment in the company from China Investment Corp. (CIC) will be blocked by the U.S. government. The money will help AES build more wind projects and solar power projects within the U.S., he said. The deal will help unlock the value of company's development pipeline, he said. Hanrahan said the share price for the sale of equity to CIC, "could have been higher." But he said the transaction offered a better way for the company to finance its new power projects than the... At MarketWatch

AES raising capital with China Investment Corp. 11/6/2009

NEW YORK (MarketWatch) -- AES Corp. said it's raising $1.58 billion in new capital as part of a binding stock purchase agreement with a wholly-owned investment subsidiary of China Investment Corp. (CIC). AES said the new equity will fund growth opportunities and extend its reach in the global power sector. CIC will acquire 125.5 million shares of AES stock for $12.60 a share for an approximate 15% stake in the company. 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. At MarketWatch

AES Corp. adjusted net income falls 11/6/2009

NEW YORK (MarketWatch) -- AES Corp. said Friday its third-quarter net income rose to $185 million, or 28 cents a share, from $145 million, or 22 cents a share in the year-ago period. Adjusted income fell to 26 cents a share from 31 cents a share. The Arlington, Va. power firm's revenue fell to $3.8 billion from $4.3 billion. Wall Street analysts expected earnings of 27 cents a share, according to a survey by FactSet Research. AES Corp. said it sees 2009 adjusted earnings of about $1.09 a share, flat with the Wall Street target of $1.09, and a penny higher than its earlier target. At MarketWatch

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