(EnergyAsia, March 30 2010, Tuesday) — US power company AES Corp said it has successfully closed a 15% equity sale worth US$1.58 billion to a wholly owned investment subsidiary of the China Investment Corporation (CIC). The deal, first announced last November 6, involved CIC acquiring 125.5 million shares of AES stock for $12.60 per share….
CHINA: US power company AES completes 15% stake sale to China Investment Corp for US$1.58 billion
Posted on March 29, 2010 by EnergyAsia