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Business Wire (Free subscription) | 11/10/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings views The AES Corporation's (AES) recent announcement of two transactions involving the China sovereign wealth fund China Investment Corporation, Inc. (CIC) as instrumental to accelerating investment rather than improving credit. The transactions consist of: a binding stock purchase agreement for CIC to buy $1.58 billion in new AES equity (approximately a 15%...
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Eco Friendly Mag (Free subscription) | 11/10/2009
AES Solar Energy Closes on €25 Million Non-Recourse Financing for Its First Photovoltaic Project in Greece ARLINGTON, Va.–(BUSINESS WIRE)–AES Solar Energy Ltd (AES Solar), a joint venture between The AES Corporation and Riverstone Holdings LLC, announced that on October 20, 2009 one [...]
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Business Wire (Free subscription) | 11/09/2009
ARLINGTON, Va.--(BUSINESS WIRE)--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 non-recourse debt facilities for three of its portfolio of photovoltaic projects in Spain totaling approximately €25 million. The loans were extended by the Spanish branch of...
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Business Wire (Free subscription) | 11/09/2009
ARLINGTON, Va.--(BUSINESS WIRE)--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 non-recourse debt facility for the Iktinos project, a 4.3 MW photovoltaic (PV) facility located in Florina, Greece. The loan was extended by Landesbank Baden Wurttemberg (LBBW)...
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UN Dispatch (Free subscription) | 11/09/2009
Summary: Get it while it's hot: Iraq passes long-awaited election law; H1N1 flu grips Afghanistan; scientists wonder if a massive reservoir caused last year's lethal earthquake in China. Top Story: IRAQ PASSES ELECTION LAW On Sunday Iraq's parliament passed an election law that paves the way for elections in late January. Iraqi Prime Minister Nuri al-Maliki and U.S. President Barack Obama praised...
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People Daily (Free subscription) | 11/09/2009
China Investment Corporation (CIC), or the nation's sovereign fund said Monday it invests 1.58 billion U.S. dollars to buy 15 percent shares of the AES Corporation, a leading U.S. power company. &$ &$Source:Xinhua&$ &$ ...
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Eco Friendly Mag (Free subscription) | 11/07/2009
Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake 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 [...]
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Business Wire (Free subscription) | 11/06/2009
ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE: AES) today announced 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 million shares of AES stock for $12.60 per share for...
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Business Wire (Free subscription) | 11/06/2009
ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE:AES) today reported results for the third quarter ended September 30, 2009. “The strong quarterly performance was driven by higher margins at our generation businesses in Chile and in the Philippines. Contributions from these businesses helped us offset weak results at our North American operations which were negatively impacted by lower...
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Business Wire (Free subscription) | 11/06/2009
ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE:AES) will host a conference call on Friday, November 6, 2009 at 12:00 p.m. Eastern Standard Time (EST) to review its third quarter 2009 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may...
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News On Women (Free subscription) | 11/05/2009
Darden Restaurants, Inc. (NYSE: DRI), headquartered in Florida, appointed Victoria D. Harker to its Board of Directors. Victoria is Executive Vice President and Chief Financial Officer of The AES Corporation. Read more in the prnewswire press release. Amicus Therapeutics (Nasdaq:...
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Orlando Sentinel (Free subscription) | 11/02/2009
Orlando-based Darden Restaurants has elected Victoria D. Harker, executive vice president and chief financial officer of The AES Corporation, to its board of directors effective today.
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