News: AES Corp (AES.N)

AES.N on New York Stock Exchange

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21 Nov 2014
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Wed, Nov 5 2014

Eletropaulo profit jumps nearly five-fold on excess power sales

RIO DE JANEIRO - Eletropaulo Metropolitana SA , the Brazilian utility controlled by U.S. power company AES Corp , said on Wednesday that third-quarter profit rose nearly five-fold as the company sold excess energy on the spot market at prices driven higher by drought.

Eletropaulo profit jumps nearly five-fold on excess power sales

RIO DE JANEIRO, Nov 5 - Eletropaulo Metropolitana SA, the Brazilian utility controlled by U.S. power company AES Corp, said on Wednesday that third-quarter profit rose nearly five-fold as the company sold excess energy on the spot market at prices driven higher by drought.

PHILIPPINES PRESS-AES offers long-term solution to power crisis - Star

The Philippine unit of American energy firm AES Corp is offering its battery energy storage technology as a possible long-term solution to the country's worsening power supply deficiency, the Philippine Star newspaper reported.

Brazil unit of AES wins injunction against $260 mln customer rebate

SAO PAULO, Sept 23 - Eletropaulo Metropolitana SA , a Brazilian electricity utility controlled by U.S.-based AES Corp, won a court injunction against an order to pay a 626 million real ($260 million) consumer rebate, the company said on Tuesday.

AES plans $1 billion investment in Mexican power generation

MEXICO CITY - U.S.-based power company AES Corp plans to invest at least $1 billion to double its existing electricity generation capacity in Mexico, and also intends to enter the country's new wholesale power market.

AES plans to invest up to $2 billion in Philippines

MANILA, June 4 - American power firm AES Corp said on Wednesday it is planning to invest up to $2 billion to expand its coal-fired power plant in the northwestern Philippines and put up power storage facilities to help stabilise supply in the energy-deficient central provinces.

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