AES and Riverstone Announce Joint Venture
The AES Corporation and Riverstone Holdings LLC announced that they have committed up to US $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 and Riverstone will each provide up to US $500 million of capital over five years to invest in PV solar projects around the world.


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