A Consortium led by a US-based Investor signed an agreement to acquire 51% stake in Mong Duong 2 Coal-Fired Power Plant In Vietnam from The AES Corporation (NYSE:AES) on December 31, 2020. The transaction is subject to customary approvals, including from the Government of Vietnam and the minority partners in Mong Duong 2. The transaction is expected to close in late 2021 or early 2022.

A Consortium led by a US-based Investor terminated the acquisition of 51% stake in Mong Duong 2 Coal-Fired Power Plant In Vietnam from The AES Corporation (NYSE:AES) on February 28, 2023.