AES - AES Sheds Minor Portion Of Dominican Republic & Panama Businesses | Benzinga
The AES Corp (NYSE: AES) disclosed a deal for minority sell-downs of its businesses in the Dominican Republic and Panama.
As per the deal, the company will sell 10% of its business in the Dominican Republic to Grupo Linda and Grupo Popular's subsidiary, AFI Popular.
The divested businesses include an LNG regasification terminal (capacity storage tank of 160,000m), the AES Andres 319 MW combined cycle gas turbine plant, DPP 328 MW combined cycle gas turbine, and an additional 150 MW of solar and wind power plants.
Apart from ...