AQUILA RECEIVES US$45 MILLION FROM VALE
The Company is pleased to announce that it received US$45 million yesterday from the sale of a 25.5% interest in the Belvedere Coal Joint Venture to Vale (previously CVRD Group), following the exercise by Vale Group of its option to purchase a 51% interest in the Belvedere Coal Joint Venture from the Aquila Group and the AMCI Group, announced on July 20th 2007.
