RIO DE JANEIRO, Sept 18- Brazil's state-led electricity utility holding company Centrais Eletricas Brasileiras SA said on Friday it expects to receive 2.23 billion reais from Eletropaulo Metropolitana SA for a 29- year-old debt. The debt was contracted by Eletropaulo in 1986, more than a decade before AES bought control of the company from the government of...
RIO DE JANEIRO, Sept 17- Brazil's Eletropaulo Metropolitana SA, controlled by U.S. utility AES Corp, said on Thursday that it should not have to pay a 1.7- billion-real debt owed to Brazilian state-run utility Eletrobras, as recommended by a court-appointed consultant. The debt was contracted by Eletropaulo in 1986, more than a decade before AES bought control...
MEXICO CITY, Aug 10- A new partnership between U.S.-based power company AES Corp and Mexico's Grupo Bal launched on Monday will invest up to $2.5 billion over the next five years mostly in Mexico's newly opened power sector, a top AES executive said in an interview. The 50/ 50 joint venture with Grupo Bal aims to direct about three-quarters of the five-year...
July 26- General Electric Co wants to be a "sizable" player in the market for systems that store energy to manage power volatility, a sector the company expects to quadruple to $6 billion by 2020, the head of GE's energy storage business told Reuters. This need has attracted a wide range of companies, including Elon Musk's Tesla Motors Inc, which said in April it plans...
SAO PAULO, July 14- Sky-high power prices in Brazil following the worst energy crisis in 15 years will favor quick expansion of distributed solar generation in the country, according to investors and consultants. Brazil's power sector watchdog Aneel is holding public hearings to discuss regulations to expand the system. "Power generation, particularly solar...
Take a look at some of Tuesday's after-hours buzz: American Express, Vertex & more
German utility RWE and other investors are betting that the largest traded renewable company in Europe has a bright future.
Take a look at some of Friday's midday movers:
Some of Monday's midday movers:
U.S. stocks closed down in low volume trade on Tuesday, pressured by weakness abroad and a sharp decline in the utilities sector.
Take a look at some of Tuesday's midday movers:
Some of Thursday's midday movers:
Two market pros explain where they are looking to make money in this market, and what names are on their buy list.
Some of Wednesday's midday movers:
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