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About Us

The AES Corporation

The AES Corporation is one of the world's leading energy companies. The company was founded in 1981 in Arlington, Virginia. Today, AES generates and distributes electric power in 26 countries through an array of world-class power businesses.

AES employs over 30,000 people around the world who are committed to safety, operational excellence, and meeting the world's growing energy needs.

For year ending 2005, AES revenues were $11.1 billion and its assets were $29.4 billion. AES is a public corporation that is listed on the New York Stock Exchange under the symbol "AES". The company's website is www.aes.com.

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AES's LNG Experience

The AES team's LNG experience includes the following projects:

AES Andres - Dominican Republic
In the Dominican Republic, AES developed, constructed, and currently owns and operates AES Andres. AES Andres consists of a one million barrel tank LNG terminal in conjunction with a 310 megawatt combined-cycle power plant that uses natural gas from the terminal as its fuel. The project incorporates an innovative inlet chilling system that cools the air before it enters the power plant turbine. This system, which gets the "cold" needed for the chilling effect from the re-vaporizing LNG, significantly increases the already high efficiency of the power plant.

AES Andres has been in operation since December 2003.

AES Ocean LNG, Ltd. - The Bahamas
AES has received all U.S. and Bahamian environmental approvals related to the construction of a 900,000 MMbtu/day LNG import terminal that will be located in The Bahamas. Though it is located in The Bahamas, AES designed and permitted the facility in accordance with U.S. codes and standards. The terminal will vaporize LNG and transport natural gas via a 95-mile pipeline to the Florida market.

EcoEléctrica - Peñuelas, Puerto Rico

Prior to joining AES, the AES LNG team was responsible for the joint development of the EcoEléctrica LNG Facility, which is located in Peñuelas, Puerto Rico. The project, which consists of an LNG import terminal and a 507 megawatt combined-cycle power plant, was the first LNG import facility permitted under U.S. law since the facility in Cove Point, Maryland.

EcoEléctrica began commercial operations in March 2000 as the first independent power producer in Puerto Rico. All of the power produced in the plant is sold to the Puerto Rico Electric Power Authority. The power plant makes use of the same innovative inlet chilling system as used in the AES Andres facility.

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