Tag Archives: AES Corporation

AES Solar (AES) Scores EUR173 Million In Financing For Italian PV Project

AES Solar, a JV between The AES Corporation and Riverstone Holdings LLC, just announced that it has closed on EUR173 million worth of financing for its planned Cellino San Marco project. The project will consist of a 43 MW solar PV plant in Italy’s Puglia region. The facilities will provide enough money for approximately 85% of the cost of building the plant, and they will mature 18 years after the plant is completed in the … Read the rest

Army Corps Of Engineers Weigh In On AES Corp’s (AES) Proposed LNG Facility

Yesterday, we reported that the DOI requested approval of AES Corporation’s proposed LNG facility at Sparrows Point in Chesapeake Bay be put on hold to better study the potential impact of the project on local wildlife. Now, the Army Corps of Engineers is weighing in, saying it will deny AES’ application for a permit for the project until these concerns are addressed.

The Baltimore Sun reports that the company won’t get permits for the facility … Read the rest

Department Of The Interior Requests Postponement Of Decision On AES Corporation’s (AES) Planned Chesapeake Bay LNG Plant

Officials with the Department of the Interior are requesting that the Federal Energy Regulatory Commission postpone approval of AES’ proposed LNG plant in Chesapeake Bay. The Federal Energy Regulatory Commission was expected to give AES permission to proceed with the plant, but the DOI wants to wait until an additional wildlife study is finished and analyzed.

According to the Baltimore Examiner, the proposed construction would include the following:

FERC staff and U.S. Commerce Secretary

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AES Corporation (AES) To Finance Wind Farm In Bulgaria

AES Geo Power, a Bulgarian company owned by AES Corporation, signed an agreement to finance a 52-turbine, 270 million Euro wind farm in Bulgaria. Out of the total cost, 198 million euro will be financed by a group of banks including European Bank for Reconstruction and Development, the World Bank’s International Financial Corporation and Italian bank UniCredit SpA (UNCFF).

Construction of the wind farm is expected to be completed in the latter half of … Read the rest