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Chinese sovereign wealth fund to buy stake in AES

Source: Washington Post
Santiago : Chile | 19 days ago  
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AES, the Arlington, Va.-based power generating company, said Friday that it would raise capital for new projects by selling a 15 percent stake in the company to a unit of China's sovereign wealth fund for $1.6 billion. AES said the China Investment Corp. had agreed to buy 125.5 million shares of AES stock...
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READ MORE: AES Corp., China Investment Corp., percent stake, generation businesses, U.S, CIC
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    News Source: Washington Post | 18 days ago
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