16.05.2024 02:56:20 - dpa-AFX: AES To Sell Its 47.3% Stake In AES Brasil To Auren Energia For About $640 Mln

WASHINGTON (dpa-AFX) - AES Corp. (AES) said that it has agreed to sell its
47.3% equity interest in AES Brasil to Auren Energia for approximately $640
million in proceeds to AES.

AES noted that the sale will be completed in conjunction with a merger between
AES Brasil and Auren Energia, with AES Brasil shares valued at about 11.55
Brazilian Real per share, before purchase price adjustments.

The transaction is expected to close in 4 to 6 months.

AES said that it will use proceeds from the sale to Fund its growth in
Renewables & US Utilities.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
AES CORP. DL-,01 882177 Frankfurt 17,960 27.09.24 21:04:19 +0,340 +1,93% 0,000 0,000 17,478 17,620

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