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Stock Alert: AES

by Harris Roen Editor
Roen Financial Report
Wednesday, September 30, 2015
 

Today’s Alert:

The AES Corporation (AES)

The third solar securitization since July causes this east coast utility to trade down.

 

The AES Corporation (AES)
More Info
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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Remember to always consult with your investment professional before making important financial decisions.

 
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