The AES Corporation (NYSE: AES) announced today 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. This sale will be completed in conjunction with a merger between AES Brasil and Auren Energia, with AES Brasil shares valued at approximately 11.55 Brazilian Real per share, before purchase price adjustments.
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AES ( NYSE:AES ) First Quarter 2024 Results Key Financial Results Revenue: US$3.09b (down 4.8% from 1Q 2023). Net...