Stock Alert: AES
by Harris Roen Editor
Roen Financial Report
Wednesday, September 30, 2015
Today’s Alert:
The third solar securitization since July causes this east coast utility to trade down.
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| The large power generation utility AES Corp plans a $100 million securitization of its solar PV projects. AES will issue $92.5 million of Class A notes, and $7.5 million of Class B notes. AES stock drops 4% on the news, and is down 33% for the year, trading at levels not seen since 2011. | Bloomberg Business |
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