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AES and Riverstone Solar Joint Venture to develop global platform of utility-scale solar photovoltaic projects
(14/04/2008)

The AES Corporation and Riverstone Holdings LLC have announced that they have committed up to $1 billion as part of a new joint venture to develop a global platform of utility-scale solar photovoltaic (PV) projects. Under terms of the agreement, AES, one of the world’s largest global power companies, and Riverstone, a New York-based energy and power-focused private equity firm, will each provide up to $500 million of capital over five years to invest in PV solar projects around the world. The... [more]

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