TotalEnergies Acquires 50% Stake in AES Dominicana Renewables Portfolio

July 2, 2025

TotalEnergies has acquired a 50% stake in the solar, wind and battery storage (BESS) renewables portfolio owned by AES Dominicana, expanding its renewables footprint in the Dominican Republic. The deal follows TotalEnergies' earlier 30% purchase of AES renewables assets in Puerto Rico and increases the combined Caribbean portfolio to over 1.5 GW of capacity.

Buyers
TotalEnergies
Targets
AES Dominicana Renewables Energy (renewables portfolio)
Sellers
AES Corporation, AES Dominicana
Industry
Energy
Location
Dominican Republic
Transaction Type
Divestiture

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