The
sale,
valued
at
$85.5m,
includes
a
49%
stake
in
each
of
the
four
wind
farms
jointly
owned
by
AES
with
China’s
Guohua
Energy
Investment,
as
well
as
a
25%
stake
in
a
coal-fired
power
plant.
AES
was
the
first
US
power
company
to
enter
China,
moving
into
the
market
in
the
early
1990s.
The
wind
farms
were
a
relatively
new
business,
with
the
first
starting
operations
in
2008.
However
AES
has
said
it
wants
to
expand
in
regions
such
as
the
US,
Chile
and
Brazil,
where
it
sees
competitive
advantages,…
