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

AES Corporation announced the sale of a 10% stake in AES Dominicana to Grupo Linda (5%) and AFI Popular (5%), and the sale of a 20% stake in AES Colón to Grupo Linda. The transactions expand AES's strategic alliance with Grupo Linda and incorporate AFI Popular as a new partner.

- Type: Acquisition
- Announced: 2023-09-27
- Where: Dominican Republic, Dominican Republic
- Status: announced
- Products: energy generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [AES Corporation](https://endata.com/companies/20282.md)
- [Grupo Linda](https://endata.com/companies/48241.md) (investor)
- [AFI Popular](https://endata.com/companies/72877.md) (investor)

## Sources

- [elnacional.com.do](https://elnacional.com.do/economia/anuncian-nuevas-alianzas-societarias_566017.html), 2023-09-27: "La Corporación AES anunció 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) en AES Dominicana."

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