AES Solar Gets $752M Financing, Grows Portfolio To 500 MW

Law360, New York (November 13, 2012, 3:41 PM EST) -- Power company AES Corp. and private equity firm Riverstone Holdings LLC's solar joint venture AES Solar has secured $752 million in financing for several major utility-scale solar projects around the world, giving AES a total of 500 megawatts in operation or construction, the company said Monday.

The new financing, some of it specific to a 266-megawatt solar photovoltaic plant in the U.S. and a 22.4-megawatt portfolio of solar photovoltaic power plants in France, makes AES one of the biggest owners and operators of utility-scale solar plants...
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