October 15 2009 new york city
This presentation is the property of its rightful owner.
Sponsored Links
1 / 23

October 15, 2009 - New York City PowerPoint PPT Presentation


  • 69 Views
  • Uploaded on
  • Presentation posted in: General

Brazilian-American Chamber of Commerce - Brazil Energy Conference Presentation by Andrew M. Vesey Executive Vice President AES President Latin America & Africa. October 15, 2009 - New York City. Safe Harbor Disclosure.

Download Presentation

October 15, 2009 - New York City

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


October 15 2009 new york city

Brazilian-American Chamber of Commerce - Brazil Energy ConferencePresentation by Andrew M. VeseyExecutive Vice President AESPresident Latin America & Africa

October 15, 2009 - New York City


Safe harbor disclosure

Safe Harbor Disclosure

Certain statements in the following presentation regarding AES’s business operations may constitute “forward-looking statements.” Such forward-looking statements include, but are not limited to, those related to future earnings growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES’s current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to accurate projections of future interest rates, commodity prices and foreign currency pricing, continued normal or better levels of operating performance and electricity demand at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth from investments at investment levels and rates of return consistent with prior experience. For additional assumptions see the Appendix to this presentation. 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 the Company’s Annual Report on Form 10-K for the year ended December 31, 2008, as well as our other SEC filings. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result

of new information, future events or otherwise.


At aes we

At AES, We…

  • Operate in 29 countries on five continents

  • Are 28,000 people strong

  • Generate and distribute power with the capacity to serve 100 million people

  • Produce our power through gas, coal, oil, methane, water, wind and the sun

  • Bring over 25 years of development, construction and operations experience and a talented worldwide team to each business we run and each new project we undertake

  • Believe our values are central to how we do business


Global operations under construction development

Global Operations, Under Construction & Development

Ukraine

Czech Republic

Bulgaria

Kazakhstan

Netherlands

Turkey

U.K.

France

Hungary

U.S.

Spain

China

Mexico

Dominican Republic

El Salvador

Philippines

Panama

Nigeria

Colombia

Cameroon

Sri Lanka

India

Brazil

Pakistan

Oman

Chile

Qatar

Argentina

KEY

AES Headquarters

AES Presence


Global operations under construction development1

Facilities Under Construction

Global Operations, Under Construction & Development

Ukraine

Czech Republic

Bulgaria

Kazakhstan

Netherlands

Turkey

U.K.

France

Hungary

U.S.

Spain

China

Mexico

Dominican Republic

El Salvador

Philippines

Panama

Nigeria

Colombia

Cameroon

Sri Lanka

India

Brazil

Pakistan

Oman

Chile

Qatar

Jordan

Argentina

KEY

AES Headquarters

AES Presence


Global operations under construction development2

Facilities Under Construction

Projects Under Development

Global Operations, Under Construction & Development

Ukraine

Czech Republic

Bulgaria

Kazakhstan

Netherlands

Turkey

U.K.

France

Hungary

U.S.

Spain

Italy

China

Greece

Mexico

Dominican Republic

El Salvador

Philippines

Trinidad & Tobago

Panama

Nigeria

Colombia

Cameroon

Sri Lanka

India

Brazil

Pakistan

Oman

Chile

Qatar

Vietnam

Jordan

Argentina

Australia

KEY

AES Headquarters

AES Presence


Diverse operating portfolio geographic line of business diversification reduces risk

Diverse Operating Portfolio: Geographic & Line of Business Diversification Reduces Risk

2008 Proportional Gross Margin1($2.3 Billion)

Others

Asia Generation

2008 Proportional Gross Margin1($2.3 Billion)

Latin America Generation

Europe

Generation

Utilities ($0.8 Billion)

North AmericaUtilities

Generation ($1.5 Billion)

Latin America Utilities

North America Generation

A non-GAAP financial measure .


October 15 2009 new york city

Fuel Type

Renewables

Coal

OtherThermal

Countries where AES has presence

Gas

AES is Among the Largest Private Global Power Companies in the World

Contains Forward Looking Statements

Installed capacity

LatinAmerica & Africa

132 Power plants worldwide totaling more than 38 GW gross generation capacity

Europe,Middle East & Asia

North America

14 Utilities worldwide, with sales of more than 76,732 GWh


Majority of utility businesses concentrated in two countries

Majority of Utility Businesses Concentrated in Two Countries

  • Three largest utilities represent more than 90% of 2008 Utility segment proportional gross margin

    • Eletropaulo and Sul in Brazil

    • IPALCO in the U.S.

2008 Proportional Gross Margin1from Utility Segment($0.8 Billion)

Others

IPALCO

Sul

Eletropaulo

A non-GAAP financial measure. See Appendix for definition and reconciliation.


Our strategy aligns with global trends

Core Power

Wind

Solar

Hydro

Climate Solutions

Our Strategy Aligns with Global Trends


Growing demand for renewables aes well positioned to capitalize on regulatory incentives

Growing Demand for Renewables: AES Well Positioned to Capitalize on Regulatory Incentives

AES Wind Generation Established in 2005

MW Additions by Year(Including Projects in Operation & Under Construction)

Armenia Mountain, USA-PA101 MW

Total Development Pipeline6,406 MW

Advanced Development Pipeline1,427 MW

Brazil

Brazil

China

China

U.S.

U.S.

Europe

Europe


Market need for carbon offsets maintaining low cost options

Market Need for Carbon Offsets: Maintaining Low-Cost Options

Climate Solutions Business Established in 2006

  • International Development & Production Experience

    • Current annual capacity to produce over 1.4 million Certified Emission Reductions (CERs)

  • Project Types

    • Methane Gas Capture (landfill gas and animal waste)

    • Energy Efficiency

    • Renewable Power Generation

  • Greenhouse Gas Services (GHGS) Joint Venture with GE to create offset projects in U.S. market

AgCert Project Locations in Brazil


October 15 2009 new york city

Countries where AES has presence

AES presence in Latin America

  • Entered the region in 1993 with a generation plant in Argentina

  • Operates in 7 countries: Argentina, Brazil, Chile, Colombia, Dominican Republic, El Salvador, Panamá

  • 11,345 MW generation capacity

    • 47 generation plants

    • Fuels: Biomass, Diesel, Coal, Gas & Hydro

  • 48,146 GWh energy sold

    • 8 electric utilities

    • More than 8,5 million customers

  • More than 8,000 AES people sharing and transferring knowledge

  • Various operations in the region have over 100 years of experience (Edelap Argentina 1887, CAESS El Salvador 1890, Eletropaulo Brazil 1899)

  • New investmentprojects


October 15 2009 new york city

Significant opportunity in Brazil for investments in energy infrastructure

  • 10th largest power generator worldwide, however, per capita power consumption is still low when compared to other countries

  • Generation sector expected to follow a strong consolidation trend

  • 260 GW of hydro power potential (less than 30% of this being used today)

  • 143 GW of wind power potential (less than 0.2% of this being used today)

14


October 15 2009 new york city

Critical presence in Brazil operating distribution, hydro, gas and telecom infrastructure businesses

  • AES Brazil

  • 7 million clients

  • 3,290 MW hydro and gas

  • 2 telecommunications businesses

15


October 15 2009 new york city

AES Eletropaulo is the largest distribution company in Latin America

  • Serving 24 municipalities in the São Paulo Metropolitan area, including the capital

  • Concession area with largest concentration of GDP per capita in Brazil

  • 4,214 employees serving 5.8 million customers

Eletropaulo Concession Area

Metropolitan area of São Paulo

Regional West

Regional North

Regional South

Regional ABC

Regional East

16


October 15 2009 new york city

AES Tiete is a pure power generation

company with 2,651MW of hydro capacity

AES Tiete Concession Area

  • Entirely located in the state of Sao Paulo (3% market share in Brazil)

  • 30 year concession, expires in 2029, renewal for another 30 years

  • 10 hydroelectric plants in the State of São Paulo at Tietê, Pardo and Mogi Guaçu rivers

  • Robust and predictable cash flow generation as its power generation capacity is fully contracted until 2015

UHE Bariri

UHE Água Vermelha

UHE Caconde

UHE Barra Bonita

UHE Ibitinga

UHE Euclides da Cunha

UHE Promissão

UHE Limoeiro

PCH Mogi-Guaçu

UHE Nova Avanhandava

17


October 15 2009 new york city

AES Sulis our Distribution Company in Rio Do Grande do Sul State

AES Sul Concession Area

  • Serving 1.1 million customers

  • Presence in 118 counties in Rio Grande do Sul State

  • 867 employees

  • Privatized in 1997

  • Population in the area: 3.6 MM inhabitants

18


October 15 2009 new york city

AES Brazil is one of the largest private groups with 3,290 MWs and 7 million clients

EBITDA in R$B

Million Clients

Installed Capacity GW


October 15 2009 new york city

AES is Brazil is committed to support the communities we serve

“Casa da Cultura e Cidadania” Project

  • Over 4 thousand children, teenagers,

    and adults have been benefited

  • Own and incentive investments:

    approximately R$ 12 million in 2008

  • Activities of acting, dancing, circus arts, visual arts, music, gymnastics, courses of income generation, and education of safe use of electrical power and the right use of natural resources

“Centros Educacionais Infantis Luz e Lápis” - Project

  • 280 benefited children between 1 and 6 years old

  • Own investments amounting R$ 1.5 million in 2008

  • Units: Santo Amaro and Guarapiranga

21


October 15 2009 new york city

More than 1,400 AES Brazil employees participate in our volunteers program

  • Launched in December 2008

  • Objective: encourage employees to transform the low income communities and develop non governmental organizations

22


October 15 2009 new york city

Video


  • Login