The Aes Corporation · NYSE:AES
The Aes — Corporate Update (June 2022)
14 slides from The Aes's corporate update, Jun 7, 2022
Slide 1: Bliss & Wethersfield Wind Repower
1 Bliss & Wethersfield Wind Repower Bliss & Wethersfield Wind Landowner Dinner June 7, 2022
Slide 2: Agenda
Agenda → About AES → Repower overview → Anticipated timeline → Construction process → Next Steps 2
Slide 3: Introductions
Introductions Stakeholder Repower Relations Development Asset On-Site Management Operations 3
Slide 4: Contact us
Contact us Local Valcour office: → 585-322-7671 → 3700 Route 78, Bliss, NY 14024 NY Stakeholder Relations team: → 866-757-7697 → blisswind@aes.com; wethersfieldwind@aes.com → www.aes.com/bliss-wind; www.aes.com/wethersfield-wind → 292 Madison Avenue, 15th Floor, New York, NY 10017 4
Slide 5: Clean energy operating and development footprint
Clean energy operating and development . footprint 4.5 GW Operating 40+ GW Development pipeline
Slide 6: Clean Energy portfolio / AES Clean Energy in New York
Clean Energy portfolio 700+ Employees 4.5 GW operating clean energy 400+ Renewable projects resources (solar, solar+ storage, wind, wind+storage) 21 States 40+ GW clean energy projects in development Operating Projects in NY AES Clean Energy in New York 851 MW 60 projects Operating Portfolio in NY 8
Slide 7: Partial Repowering Overview
Partial Repowering Overview Replace blades, drivetrains, and hubs (4, 5 & 6) • Keep existing towers and foundations • Foundations may require retrofits • No new turbines or change to layout expected • Utilize existing roads • Utilize existing underground electrical infrastructure Increase in Rotor D
Slide 8: Partial Repowering Overview
Partial Repowering Overview 8
Slide 9: Estimated repower timeline
Estimated repower timeline Repowering is contingent on NYSERDA award, which is still to be determined Site Improvements Operations • Minor tree clearing • Grading roads • Resume operations • Foundation retrofits • Turbine pad preparation 2022 2023 2024 Development Phase Installation • Permitting • D
Slide 10: New Rotor Installation
New Rotor Installation 10
Slide 11: New Drivetrain Installation
New Drivetrain Installation 11
Slide 12: Next Steps
Next Steps → Landowner update forms – please ensure AES has your most current contact information and W-9. → AES currently reviewing existing land rights and will be obtaining a handful of new border easements. 12
Slide 13: Contact us
Contact us Local Valcour office: → 585-322-7671 → 3700 Route 78, Bliss, NY 14024 NY Stakeholder Relations team: → 866-757-7697 → blisswind@aes.com; wethersfieldwind@aes.com → www.aes.com/bliss-wind; www.aes.com/wethersfield-wind → 292 Madison Avenue, 15th Floor, New York, NY 10017 13
Slide 14: Thank you
Thank you 14