AES Gener considers share sale

AES Gener considers share sale

Equity Capital Markets Chile Andean US

Chilean power company AES Gener, a subsidiary of the US firm AES Corp, said it has called a shareholders meeting to discuss selling $500 million in new shares, according to a securities filing. AES Gener added that it will use the money to fund its Greentegra renewable energy program, which involves $1.8 billion in investments for 1,600 MW of wind and solar power projects in Chile and Colombia. The parent company will buy roughly $335 million in AES Gener shares in the follow-on offering, AES Co

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