Thursday, 21 June 2007

AES posts quarterly loss due to Venezuelan sale

(Reuters) - AES earlier this year agreed to sell its 82 percent stake
in a 2,600 megawatt generation plant in Caracas for $740
million to the government of Venezuela as part of President
Hugo Chavez's drive to nationalize the country's electricity
and telecommunication companies.




Read more at Reuters.com Market News

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