# AES sells stakes in Dominican Republic and Panama operations to Grupo Linda and AFI Popular

Corporación AES announced the sale of a 10% stake in AES República Dominicana (5% to Grupo Linda, 5% to AFI Popular) and a 20% stake in AES Colón (Panama) to Grupo Linda. The transactions expand an existing partnership.

- Type: Acquisition
- Announced: 2023-09-26
- Where: Dominican Republic and Panama, Dominican Republic
- Status: announced
- Products: electricity generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Corporación AES](https://endata.com/companies/72876.md)
- [Grupo Linda](https://endata.com/companies/48241.md) (investor)
- [AFI Popular](https://endata.com/companies/72877.md) (investor)

## Sources

- [rccnoticias.com.do](https://rccnoticias.com.do/corporacion-aes-grupo-linda-y-afi-popular-anuncian-alianzas-societarias-para-rd-y-panama-163702/), 2023-09-26: "La Corporación AES anunció hoy la firma de una transacción regional que incluye la expansión de su alianza estratégica con el consorcio empresarial dominicano Grupo Linda y la incorporación como socio de la Administradora de Fondos de Inversión Popular (AFI Popular)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
