The AES Corporation to sell 100 percent of equity interest in San Cristobal Itabo power plant.

International Resource News-July 1, 2020--The AES Corporation to sell 100 percent of equity interest in San Cristobal Itabo power plant

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International Resource News - 01 July 2020

The AES Corporation (NYSE: AES), a Fortune 500 global power company, has signed a contract to sell 100 percent of its equity interest in the 295 MW Itabo power plant in San Cristobal, Dominican Republic to Dominican-based conglomerate, Grupo Linda.

The facility includes a 260 MW coal-fired plant, and a 35 MW gas turbine.

The deal is valued at around USD101m and...

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