SOURCE: Industrial Info Resources

Industrial Info Resources

April 04, 2011 02:45 ET

AES Shuts Two Hungarian Power Plants, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - April 4, 2011) - Written by Martin Lynch, European News Editor for Industrial Info Europe (Galway, Ireland) -- AES Borsodi Energetikai (Tiszapalkonya, Hungary), the Hungarian arm of U.S. power company AES Corporation (NYSE:AES) (Arlington, Virginia), has stopped power production at two of its three plants in Hungary.

According to Hungarian news sources, the company has halted operations at its coal- and biomass-fired Tiszapalkonya Power Plant in the east of the country and its Borsod Power Plant in Kazincbarcika in the northeast, which is fuelled primarily by biomass. Industrial Info is tracking 54 active AES projects worldwide that are worth a total of more than 4.9 billion euros ($7 billion).

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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to europe@industrialinfo.eu or visit us online at Industrial Info Europe (http://www.industrialinfo.eu).

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