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Former Redondo power plant owners AES sold to group led by BlackRock
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Former Redondo power plant owners AES sold to group led by BlackRock
by Garth Meyer AES stockholders could gain $15 per share in cash after a consortium paid $33 billion to buy the energy company, which formerly owned the Redondo Beach AES plant and its 52-acre waterfront site. The deal is expected to close later this year or in early 2027. “We are aware of the purchase but have no insights into any local impacts,” said Mayor Jim Light. The Redondo Beach closed-power plant site has been mired in a bankruptcy cas…
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