AES Announces Strategic Partnership with CDPQ to Support AES Ohio's Robust Growth Plans
AES(AES) Prnewswire·2024-09-17 19:00
ARLINGTON, Va. and MONTRÉAL, Sept. 17, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it reached an agreement to sell a 30% indirect equity interest in AES Ohio to CDPQ, a global investment group, for approximately US$546 million, with closing expected in the first half of 2025.This agreement expands upon AES' existing partnership with CDPQ at AES Indiana and creates a similar ownership structure for the two utilities, with no change in management or operational control of AES Ohi ...