AES Andres completes $145 million financing for power project in the Dominican Republic

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12/31/2002

ARLINGTON, Va., Dec. 31, 2002 -- The AES Corp. announced recently that its subsidiary, AES Andres, completed a $145 million non-recourse financing to fund the completion of the construction of a $400 million liquefied natural gas (LNG) import terminal, re-gasification facility, pipeline and 300 MW dual fuel-fired (natural gas and No. 2 oil) combined cycle power plant.

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