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AES Takes Hit From Outages, Lower Prices in South America in Second-Quarter 2012, but Expects Projects to Prosper, an Industrial Info News Alert

ID: 1139817

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 08/07/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- and provider (NYSE:AES) (Arlington, Virginia) saw weakened results in the second quarter of 2012, as a decline in plant availability in Chile and lower prices in Brazil negatively affected earnings. Net income for the quarter was reported to be $140 million, a 19.54% decrease from second-quarter 2011. Industrial Info is tracking more than $9.5 billion in active projects involving AES, including two major coal-fired unit additions in Chile: a $500 million addition at the Puchuncavi Campiche Coal-Fired Power Station in Santiago, and a $235 million addition at the Central Termoelectrica Guacolda in Huasco.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principleâ„¢, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.





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Datum: 07.08.2012 - 04:30 Uhr
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News-ID 1139817
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