Sept 27 (LNGJ) - AES Corp., the New York Stock Exchange-listed company, has agreed to sell minority stakes in its LNG businesses in the Dominican Republic and Panama. The agreements include the sale of 10 percent of the AES business in the Dominican Republic to local Latin American firms Grupo Linda and the Grupo Popular subsidiary, AFI Popular. The AES Dominican Republic assets include an LNG regasification terminal with a 160,000 cubic metres of LNG capacity, the AES Andres 319 megawatts combined-cycle gas-fired power plant, the DPP 328 MW plant and an additional 150 MW of solar and wind power plants.
The US company is also selling stakes in its assets in the Panamanian port of Colón. “AES is selling 20 percent of AES Colón in Panama, also to Grupo Linda. AES Colón includes a 381 MW combined-cycle gas turbine with an adjacent regasification facility that has a 180,000 cubic metres LNG capacity storage tank,” said the company.
