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AES started its Climate Change business last year and is pursuing offset projects in the agricultural, reforestation and landfill gas and coal mine methane emission reduction sectors.
With our experience and global platform, AES is well positioned to play a leading role in this sector.
AES is currently developing three LNG regasification terminals to provide affordable, clean energy to the fast growing markets of New England, Mid-Atlantic and South Eastern United States.
About AES: AES is one of the world's largest global power companies, with 2005 revenues of $11.
The Company is exploring wind power projects in Europe, China, India and Central and South America, with an emphasis on countries with existing AES businesses.
With the acquisition of SeaWest in 2005, AES gained an immediate entry point into the US wind generation market, hands on experience and a robust pipeline.
AES intends to take a leadership role in the burgeoning $10 billion climate change market by committing capital and bringing to market projects to help reduce and offset greenhouse gas emissions associated with global warming.
AES is one of the world's largest global power companies, with 2005 revenues of $11 billion.
AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The ratings of AES Panama are not constrained by the sovereign rating of Panama, as access to foreign exchange--the key determinant of external creditworthiness--is not limited by finite foreign-exchange reserves or controls.
AES Panama is hydroelectric generation company located in the Republic of Panama.
This compelling opportunity resulted from a review of our global portfolio of businesses," said AES President and Chief Executive Officer Paul Hanrahan.