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AES Agrees to Sell 30% Stake in AES Ohio to Canadian Pension CDPQ
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AES Agrees to Sell 30% Stake in AES Ohio to Canadian Pension CDPQ
Sep 17, 2024 5:07 AM

07:40 AM EDT, 09/17/2024 (MT Newswires) -- The AES Corporation ( AES ) said Tuesday that it agreed to sell a 30% indirect equity interest in AES Ohio to Canadian pension fund Caisse de Depot et Placement du Quebec for approximately $546 million.

AES ( AES ) said CDPQ's acquisition of the 30% stake will not result in a change in management or operational control at AES Ohio.

The sale is expected to close in H1 of 2025.

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