The Aes Corporation · NYSE:AES
The Aes — Fact Sheet (February 2025)
22 slides from The Aes's fact sheet, Feb 27, 2025
Slide 1: The AES Corporation Fact Sheet
The AES Corporation Fact Sheet As of February 27, 2025
Slide 2: AES Total: 32,106 Gross MW in Operation
AES Total: 32,106 Gross MW in Operation Technology Segment Pet Coke & Oil 2% Energy Renewables1 Infrastructure Renewables2 Gas 32% 41% 50% 47% 16% Coal 12% Utilities 1. Includes solar, hydro, wind, energy storage and landfill gas. 2 2. Excludes renewables projects in Chile, currently reported as par
Slide 3: AES Total: 22,856 Proportional MW in Operation
AES Total: 22,856 Proportional MW in Operation Technology Segment Pet Coke & Oil 3% Energy Renewables1 Infrastructure Renewables2 Gas 29% 42% 47% 51% 17% Coal 11% Utilities 1. Includes solar, hydro, wind, energy storage and landfill gas. 3 2. Excludes renewables projects in Chile, currently reported
Slide 4: Renewables Total: 13,226 Gross MW in Operation
Renewables Total1: 13,226 Gross MW in Operation Technology Energy Storage 12% Hydro 22% Wind 24% 42% Solar 1. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected to move to the Renewables SBU in 2025. 4
Slide 5: Renewables Total: 9,585 Proportional MW in Operation
Renewables Total1: 9,585 Proportional MW in Operation Technology Energy Storage 13% Hydro 28% Wind 24% 35% Solar 1. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected to move to the Renewables SBU in 2025. 5
Slide 6: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Alicura Argentina Hydro 1,050 100% 2000 Chivor Colombia Hydro 1,000 99% 2000 2025-2039 Various Solar 967 2017-2019 2028-2046 OpCo A1 US-Var
Slide 7: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Changuinola Panama Hydro 223 90% 2011 2030 AES Panama Great Cove 1&2 US-PA Solar 220 75% 2023 2043 University of Pennsylvania Solar 125 Rac
Slide 8: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Salt River Project East Line Solar (OpCo B)1 US-AZ Solar 100 26% 2020 2045 Agricultural Improvement & Power District Salt River Project Cen
Slide 9: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Solar 50 Silver Peak US-CA 75% 2024 2044 Amazon Energy Storage 25 OpCo C1 US-Various Solar 73 50% 2021-2022 2041-2042 Various Central Coast
Slide 10: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Solar 20 Kaua’i Island Utility Lāwa’i1 US-HI 100% 2018 2043 Energy Storage 20 Cooperative Solar 14 Kaua’i Island Utility Kekaha1 US-HI 100%
Slide 11: Renewables
Renewables Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations ENSA, Edemet, Edechi, Cedro Panama Solar 10 49% 2021 2030 Other ENSA, Edemet, Edechi, Caoba Panama Solar 10 49% 2021 2030 Other Netherlands
Slide 12: Utilities Total: 3,704 Gross MW in Operation
Utilities Total: 3,704 Gross MW in Operation Technology Renewables1 2% Oil 12% 53% Gas Coal 33% 1. Includes solar, wind, energy storage and landfill gas. 12
Slide 13: Utilities Total: 2,581 Proportional MW in Operation
Utilities Total: 2,581 Proportional MW in Operation Technology 2% Oil Renewables1 12% 53% Gas Coal 33% 1. Includes solar, wind, energy storage and landfill gas. 13
Slide 14: Utilities
Utilities Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations CAESS, EEO, CLESA, Bosforo1 El Salvador Solar 100 50% 2018-2019 2043-2044 DEUSEM CLESA, Cemento Holcim Metapan El Salvador Solar 15 100% 202
Slide 15: Energy Infrastructure Total: 15,176 Gross MW in Operation
Energy Infrastructure Total1: 15,176 Gross MW in Operation Technology 4% Pet Coke Renewables2 16% Gas 54% Coal 26% 1. Includes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected to move to the Renewables SBU in 2025. 15 2. Includes solar, hydr
Slide 16: Energy Infrastructure Total: 10,690 Proportional MW in Operation
Energy Infrastructure Total1: 10,690 Proportional MW in Operation Technology 5% Pet Coke Renewables2 17% 49% Gas Coal 29% 1. Includes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected to move to the Renewables SBU in 2025. 16 2. Includes hydr
Slide 17: Energy Infrastructure
Energy Infrastructure Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Mong Duong 21 Vietnam Coal 1,242 51% 2015 2040 EVN California Department of Southland – Alamitos US-CA Gas 1,200 100% 1998 2026
Slide 18: Energy Infrastructure
Energy Infrastructure Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Solar 211 Andes Solar 4 Chile 51% 2023-2024 2026-2042 Google, Various Energy Storage 130 Solar 207 Andes 2b Chile 51% 2023-2024
Slide 19: Energy Infrastructure
Energy Infrastructure Date of Acquisition or Commencement of Contract Expiration Business Location Fuel Gross MW AES Equity Interest Customer(s) Commercial Date Operations Andes Solar 1 Chile Solar 22 99% 2016 2036 Quebrada Blanca Cochrane ES Chile Energy Storage 20 57% 2016 Angamos ES Chile Energy
Slide 20: 4,942 Gross MW Under Construction
4,942 Gross MW Under Construction Technology Segment Energy Infrastructure Renewables1 Renewables2 10% Utilities 10% 80% 100% 1. Includes solar, energy storage and wind. 20 2. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected to move
Slide 21: 3,764 Proportional MW Under Construction
3,764 Proportional MW Under Construction Technology Segment Energy Infrastructure Renewables1 Renewables2 13% Utilities 9% 78% 100% 1. Includes solar, energy storage, and wind. 21 2. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment, but expected
Slide 22: 4,942 Gross MW of Generation Under Construction
4,942 Gross MW of Generation Under Construction Expected Commercial Operations Business Location Fuel Gross MW AES Equity Interest Date Corotú Solar (AES Panama) Panama Solar 10 49% 1H 2025 Estí Solar II (AES Panama) Panama Solar 6 49% 1H 2025 Solar 10 Mamm Creek US-CO 75% 1H 2025 Energy Storage 10