Seeking Alpha

AES says it will take a $110M to $125M writedown in Q3 to account for 39 wind turbines it's...

AES says it will take a $110M to $125M writedown in Q3 to account for 39 wind turbines it's looking to sell, and for deposits on future turbines. The charge will cut EPS between $0.09 and $0.10 for the quarter, according to an SEC filing.
Comments (1)
  • Tack
    , contributor
    Comments (14236) | Send Message
     
    Gosh, you mean windmills aren't the "green" panacea for mass energy production? However, the costs of such politically-correct energy follies are very real.
    11 Oct 2011, 08:58 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs