The third solar securitization since July causes this east coast utility to trade down.
|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|
Remember to always consult with your investment professional before making important financial decisions.