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AES Tiete SA ADR (AESAY)

- OTCPK - Current
  • Power Hedge | Send Message 27 Mar 2014

    Could AES Tietê Be Forced To Cut Its Dividend? $AESAY http://seekingalpha.com/a/198hd
    Reply
      • vireoman | Send Message 18 Feb 2014

        $AESAY: The utility regulator has ordered the company to return 626 million to customers over four years after finding it overcharged them.
        Reply (1)
        • vireoman | Send Message 18 Feb 2014
          : That's $260.9M in gringo dollars, and explains much of today's 8% plunge.
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          Company Description
          AES Tiete S.A. generates electricity for consumption in the Brazilian State of Sao Paulo. The company generates electricity through hydroelectrics plants located on teh rivers Tiete, Grande and Pardo.
          Sector: Utilities
          Industry: Water Utilities
          Country: Brazil