AES Begins Commercial Operation of Three New Facilities Totaling 582 MW in Chile, China and Jordan

"We are helping to meet each country's growing demand for power, using the best energy source and technology for each market," said Andres Gluski, Executive Vice President and Chief Operating Officer of AES. "Achieving operational excellence, as demonstrated by the performance of our dedicated team of construction and engineering professionals, enables us to continue to meet our financial commitments."

The Guacolda 3 facility is the first coal plant to come on-line in Chile in 12 years, and adds a stable source of energy to the country's generation portfolio. It is also the first facility in Chile equipped with flue gas desulphurization technology. Through its subsidiary, AES Gener, the second largest generator in Chile, AES operates more than 2,800 MW of biomass, coal, hydroelectric, diesel and natural gas facilities used to supply the Chilean market.

Huanghua I, a 49.5 MW wind project located in the Hebei Province of China, came on-line in September 2009, and the second phase, Huanghua II, is on track to come on-line during the first half of 2010. The Hebei Provincial Power Company will purchase all of the power generated by the wind farm. With this project coming on-line, AES' wind operations in China increase from 49.5 MW to 98 MW, and its total wind portfolio increases from 1,302 MW to 1,352 MW worldwide.

The Amman East combined cycle gas plant is the first independent power producer in Jordan and increases the country's electricity generation capacity by 18 percent. Amman East is also one of the most efficient generation facilities in Jordan.

This year AES has completed construction of six projects, totaling 804 MW. In addition to the three projects announced today, the 80 MW Kilroot peaker expansion in Northern Ireland, 12 MW of Innovent wind projects in France, and the 130 MW Santa Lidia diesel facility all entered commercial operation during 2009. AES' current construction program totals more than 2,500 MW of core power and renewable projects, all of which have financing in place.

About AES

The AES Corporation (NYSE: AES | Quote | Chart | News | PowerRating) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we provide affordable and sustainable energy to 29 countries. Our workforce of 25,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2008 revenues were $16 billion and we own and manage $35 billion in total assets. BusinessWeek named AES to its 2009 "BW 50 Best Performers" list. To learn more, please visit www.aes.com.

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Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES's filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A "Risk Factors" in AES's 2008 Annual Report on Form 10-K. Readers are encouraged to read AES's filings to learn more about the risk factors associated with AES's business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: AES Corporation

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