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Article: AES Sul Distribuidora Gaucha de Energia S.A. Announces 13.27% Tariff Increase.
- Article from:
- Business Wire
- Article date:
- April 22, 2004
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Business Editors
ARLINGTON, Va.--(BUSINESS WIRE)--April 22, 2004
AES Sul Distribuidora Gaucha de Energia S.A. ("AES Sul"), a subsidiary of The AES Corporation (NYSE:AES), announced today that the Brazil National Agency of Electric Energy ("ANEEL") has completed the 2003 tariff adjustment process and awarded AES Sul with a 13.27% average tariff increase to be applied beginning in mid April and applicable for the next twelve months.
Mr. Eduardo Bernini, President of AES Sul states that "We are pleased with the overall tariff increase awarded by ANEEL, particularly the full pass through of AES Sul's non manageable costs. That was required by ...