Unknown closed end funds managed by Administradora de Fondos de Inversión Popular, S. A., agreed to acquire 10% stake in Businesses in the Dominican Republic of The AES Corporation on September 26, 2023. In additional transaction, Grupo Linda also acquire 20% of AES Colón in Panama. AES Colón includes a 381 MW combined cycle gas turbine with an adjacent regasification facility that has a 180,000 m3 LNG capacity storage tank. The transaction price for both transactions are $190 million. AES' businesses in the Dominican Republic include an LNG regasification terminal, with a 160,000 m3 LNG capacity storage tank, the AES Andres 319 MW combined cycle gas turbine plant, DPP 328 MW combined cycle gas turbine, as well as an additional 150 MW of solar and wind power plants.

Administradora de Fondos de Inversión Popular, S. A. completed the acquisition of Businesses in the Dominican Republic from The AES Corporation (NYSE:AES) on December 21, 2023.