AES Plans to Buy sPower, a Top Utility-Scale Solar Developer. Expect More Similar Activity to Come

Greentech Media
By info@greentechmedia.comFeb 24, 2017, 11:42 am186 pts
AES operates 35,000 megawatts of power plants globally worth $37 billion. Only 200 megawatts of the portfolio is solar. That's about to change. This morning, AES unveiled plans to acquire sPower, the 10th-largest solar developer in the U.S., for $853 million in cash. AES will buy sPower from the private…

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