Unknown closed end funds managed by Administradora de Fondos de Inversión Popular, S. A. and Grupo Estrella agreed to acquire 35% stake in AES Colon Development, S. de R.L. from The AES Corporation (NYSE:AES) on September 26, 2023. 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. In additional transaction, Grupo Linda also acquire 10% stake in Businesses in the Dominican Republic and Panama of The AES Corporation. 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. The transaction price for both transactions are $190 million.

Unknown closed end funds managed by Administradora de Fondos de Inversión Popular, S. A. and Grupo Estrella acquired 35% stake in AES Colon Development, S. de R.L. from The AES Corporation (NYSE:AES) on December 21. 2023.