AES, CIC Decline To Move Forward On Wind Joint Venture

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The AES Corp. and China Investment Corp. (CIC) have announced that their non-binding letter of intent for a 35% investment in AES Wind Generation, which was signed on Nov. 6, 2009, expired on June 30.

AES and CIC may resume discussions as additional clarity develops surrounding renewable energy legislation in the U.S., the companies say.

SOURCE: AES Corp.


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