New Development

A new How-to Guide on Hydropower Resettlement, published by the International Hydropower Association (IHA), supports hydropower project developers to identify, manage and avoid risks associated while delivering a resettlement program. Resettlement during the development of hydropower projects must respect the dignity and human rights of those affected, IHA said. This requires the project developer and...
Finance

The AES Corp. will significantly up its stake in a Brazilian renewable energy co-venture, the U.S. power generation company announced Wednesday. Subsidiary AES Brasil will acquire an additional 18.5 percent interest in AES Tietê. Estimated price tag of the transaction with BNDES Participações is $246 million U.S. The financing is primarily secured through Brazilian banks....