AES Corporation Progresses with Gas, Renewables Projects as Exit Set for Merchant Coal Facilities, an Industrial Info News Alert

SUGAR LAND, Texas, Feb. 28, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--AES Corporation (Arlington, Virginia) plans to reduce its carbon footprint by constructing natural gas-fired and hydropower projects. The company is selling or retiring 4.3 gigawatts (GW) of merchant coal-fired generation, representing approximately 30% of its coal-fired capacity. In the company's conference call, Chief Executive Officer Andrés Gluski said, "By the end of 2020, we expect our coal-fired capacity to decline from 41% to 29%, while renewables and gas will increase from 55% to 68%."

Within this article: Details of major AES projects in the U.S. and Chile.

Other companies featured: Chicago Bridge & Iron Company N.V., Edison International

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William Ploch
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