AES Completes Sale of 100% of its Interest in Cameroon Assets to Actis

ARLINGTON, Va.--(BUSINESS WIRE)--Jun. 13, 2014-- The AES Corporation(NYSE:AES) announced today that it closed the previously disclosed sale of its entire equity interest in all three businesses in Cameroon to pan-emerging market investor Actis (www.act.is). AES has sold its interest in these three businesses for $202 million, net of closing price adjustments. The Company received $162 million at closing and consistent with the sale agreement, the remaining non-contingent $40 million will be received in June 2016.



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