AES Corporation has announced a strategic partnership with CDPQ, a global investment group, to support the significant growth plans of AES Ohio. This partnership will involve CDPQ acquiring a 30% indirect equity interest in AES Ohio, bringing in over US$546 million in investment. This investment will enable AES Ohio to enhance its system reliability through a US$1.5 billion investment program and capitalize on the growing demand from data centers in the region.
Jim Cramer on CNBC’s ‘Mad Money Lightning Round’ shared his insights on Vertiv, AES, NextEra Energy, and Hertz. He recommended buying Vertiv, praising its recent sales growth and book-to-bill ratio. He also expressed positive sentiment towards AES, highlighting its affordability. Cramer, however, expressed uncertainty about NextEra Energy, needing more information before forming an opinion. Regarding Hertz, he expressed concern about the company’s recent performance.
Three children have died in Raniganj village, Araria district, Bihar, due to a mysterious fever over the past three days. While families claim the children succumbed to Acute Encephalitis Syndrome (AES), the district administration is investigating the cause. A team of medical experts is assessing the situation and treating other children with similar symptoms.
