AES Andes register a $266.3 mn loss in H1 2021 due to decarbonisation

South American power company AES Andes SA reported a $266.3 million loss of attributable earnings for the first-half of 2021, after having to recognise significant impairment of assets for committing to close thermoelectric power plants in Chile. In the same period a year ago, the company posted a $137.7million attributable profit.

Source: Renewables Now