- PFI - AES sells Islamic assets, just in time
August 19, 2010 at 11:56 AM EDT
LONDON (Project Finance International) - US based power plant developer AES has completed the sale of its Islamic power plant assets, held jointly with the Islamic Development Bank Infrastructure Fund under the name AES Oasis, by selling a 58% stake in the Barka 1 456MW power and water plant in Oman to Saudi company Acwapower for US$200m.
