Yes, but at a decreased speed, and it requires you to wake up the computer to continue downloading.
Expedient downloading of large files can happen in two ways: 1) Close your laptop; 2) check downloader’s settings which optimizes downloads for power consumption (i.e., you can tell the downloader not transfer updates while operating on battery.) For this type of long-term download, make sure “do not close or put into sleep” is checked under your laptop’s power plan; 3) check “allow network use when sleeping” also under your laptop’s power plan. This will allow you to get slower downloads while depleting less power.