Article Abstract:
AES Corp. adopts an overseas principle of entering a market early and then waiting patiently for the market to open. The strategy has helped it acquire major projects in regions such as Ireland and Kazakhstan and was a major factor for the company's selection as a 1996 James H McGraw Award winner.
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Article Abstract:
The Energy Policy Act of 1992 which aims to protect public utility shareholders from imprudent foreign investments is hampering the onslaught of utilities into other countries. While no major foreign deals have been prevented, several questions about $1.5-2 billion investments have been raised.
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Article Abstract:
Hub Power Co. received the 1996 James H McGraw Award for handling Pakistan's, as well as South Asia's, first privately financed power project. The company made inroads in financing, becoming the first independent power producer to be bestowed a political risk guarantee by the World Bank.
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