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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