AES Corporation Acquires Massive California Solar, Energy Storage Project

June 14, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--AES Corporation (NYSE:AES) (Arlington, Virginia) has acquired a large solar power and battery energy storage system (BESS) project in California from Avantus (Los Angeles, California) (formerly 8minute). The project is a drop in the bucket of the two companies' nearly 100 active renewable energy projects in the U.S., which account for more than $25 billion worth of planned spending between them.