AEI Acquires Tipitapa Power Company and Grows Its Presence in Nicaragua.HOUSTON -- AEI AEI American Enterprise Institute AEI Archive of European Integration AEI Australian Education International AEI Automotive Engineering International AEI Australian Education Index AEI Albert Einstein Institute announced today the acquisition of Tipitapa Power Company Ltd., a Power Generation Company with operations in Nicaragua. Terms of the transaction have not been disclosed. Tipitapa provides 50.9 MW of generation capacity and associated energy through a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. Power Purchase Agreement (PPA PPA 1. Palpation, Percussion & Ausculation 2. Pittsburgh pneumonia agent 3. Postpartum amenorrhea 4. Price per accession 5. Pure pulmonary atresia ) with the Nicaraguan distribution companies Distribuidora de Electricidad del Norte S Del Norte can refer to multiple things:
AEI Nicaragua Country Manager Cesar Zamora pointed out that "the acquisition of Tipitapa represents AEI's second investment in Nicaragua, demonstrating AEI's continued commitment to the country which expands AEI's ability to provide even more energy for Nicaragua's continuing development." Roberto Figueroa, AEI Regional Manager for Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. , added that "the acquisition of Tipitapa complements AEI's existing operations and strengthens our presence in Central America, where we have a long history of successful operations and commitment to the development of the region." About AEI AEI owns and operates essential energy infrastructure businesses in emerging markets worldwide, earning more than $3.2 billion in revenues during 2007. AEI manages interests in a group of 37 energy companies with operations in 19 countries and approximately 13,700 employees. The Company serves more than 6.3 million customers worldwide by operating businesses in Power Distribution, Power Generation, Natural Gas Transportation and Services, Natural Gas Distribution, and Retail Fuel, with approximately 42,000 km of gas and liquids pipelines, 162,000 km of power distribution lines, over 1,750 gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by stations and a gross installed capacity of 1,735 MW. You can visit the AEI website at www.aeienergy.com. |
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