Market Overview

AES to Sell Ukrainian Assets

Share:
Related AES
Mid-Day Market Update: Hortonworks Drops Following Weak Results; Freshpet Shares Spike Higher
12 Must Watch Stocks for Today
Amid Fed Chatter, Don't Declare Utility Stocks Dead Just Yet (Investor's Business Daily)

The AES Corporation (NYSE: AES) today announced that it has agreed to sell its two power distribution businesses in Ukraine to VS Energy International. Under the agreement, AES will sell its 89.12 percent equity interest in AES Kyivoblenergo, which serves 881,000 customers in the Kiev region, and its 84.56 percent equity interest in AES Rivneoblenergo, which serves 412,000 customers in the Rivne region.

Posted-In: News Asset Sales

 

Related Articles (AES)

View Comments and Join the Discussion!