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Supreme Court of Chile Rules Against Local Environmental Permitting Authority for AES Gener Project.

Publication: Business Wire
Publication Date: 29-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
* Revokes Permit for Campiche Plant Granted by Local Authorities

ARLINGTON, Va. -- On Monday, June 22, 2009, the Supreme Court of Chile invalidated an environmental permit granted by the Chilean regulatory authorities for the Campiche thermal power plant, a 270 MW coal plant located in Ventanas, Chile (Campiche). The AES Corporation (NYSE: AES) indirectly owns a 71 percent interest in Campiche through its subsidiary AES Gener (Gener), the second largest generator of electricity in Chile.

As a result of the Supreme Court's ruling against...

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