Babcock & Wilcox to convert AES Indiana's coal boilers to natural gas [Yahoo! Finance]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
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Source: Yahoo! Finance
Valued at approximately $246m, the development is part of AES Indiana's initiative to transition away from coal and cut carbon dioxide emissions at its Petersburg Generating Station. The conversion of the 1.16GW Petersburg plant's two coal-fired boilers to natural gas is expected to significantly reduce the facility's carbon footprint. B&W Thermal is tasked with designing and installing the new natural gas system, air systems, and additional equipment. B&W Thermal senior vice-president Chris Riker said: “We began engineering and design work earlier this year and are pleased to be moving forward with this important project for AES Indiana. “We continue to see significant interest from utilities in the US and elsewhere that want to switch from coal to cleaner fuels, such as natural gas, to significantly reduce greenhouse gas emissions and the overall environmental impact of their generating assets.” Meanwhile, B&W Construction (BWCC) will manage the construction aspect of the
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AES
News
- The AES Co. (NYSE: AES) had its price target lowered by analysts at Mizuho from $24.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- AM Best Affirms Credit Ratings of AES Global Insurance Company [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of AES Global Insurance CompanyBusiness Wire
- Babcock & Wilcox Receives Full Notice to Proceed on $246 Million Contract for Indiana Power Plant Coal-to-Gas Fuel-Switching Project [Yahoo! Finance]Yahoo! Finance
- Why Is The AES Corporation (AES) Among the Best Electricity Utility Stocks to Invest In Now? [Yahoo! Finance]Yahoo! Finance
AES
Earnings
- 10/31/24 - Beat
AES
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/13/24 - Form SC
- AES's page on the SEC website