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8minutenergy Renewables and Silver Ridge Power to Build Two Solar Projects Totaling 406 MW to Provide Power to Southern California Edison

California – August 4, 2014 –Silver Ridge Power, LLC and 8minutenergy Renewables, LLC today announced the signing of two 20-year power purchase agreements to sell 406 megawatts-ac of clean, renewable solar energy from Mount Signal Solar Farm II (154 MW-ac; 200MW-dc) and Mount Signal Solar Farm V (252 MW-ac, 328MW-dc) utility-scale solar projects in Imperial County, California, to Southern California Edison (SCE). Both projects are wholly-owned subsidiaries of California-based 8minutenergy Renewables.

8minutenergy’s joint development partner, Silver Ridge Power has the exclusive rights to acquire the two projects. Silver Ridge Power is owned 50 percent by SunEdison, Inc. and 50 percent by Riverstone Holdings, LLC. 8minutenergy and Silver Ridge Power successfully co-developed the 200 MW-ac Mount Signal Solar I project in Imperial County (also known as Imperial Valley Solar 1), which commenced full operations earlier this year.

“Silver Ridge Power is very pleased to have achieved this significant milestone in partnership with 8minutenergy advancing the development of the joint portfolio of solar projects in Imperial County, California,” said Stephen Westwell, President of Silver Ridge Power.

“We are very proud that we have now signed 950 MWs of PPAs, which underline our position as the nation’s leading independent PV developer as well as the fact that the Mount Signal Solar Farm II and Mount Signal Solar Farm V projects will create more than 1,500 jobs for the people of Imperial County during construction,” said Martin Hermann, chief executive officer of 8minutenergy Renewables.

Tom Buttgenbach, president of 8minutenergy Renewables added: “We look forward to completing these solar plants and to delivering clean, renewable power to Southern California Edison. We are very pleased that our solar projects have the support from leading environmental groups, including the Sierra Club, Defenders of Wildlife, the Audubon Society and the Natural Resources Defense Council, and look forward to the next stage in their development.”

The two utility-scale solar generation facilities are sited on approximately 3,200 acres of low-productivity farmland. These clean solar generation plants will displace the equivalent of approximately 700,000 metric tons of carbon dioxide (CO2) per year, which is equal to the amount that roughly 30 million trees would displace annually and will provide power for over 140,000 households in California.

About 8minutenergy Renewables, LLC
8minutenergy Renewables develops, finances, engineers, constructs, holds, operates and maintains solar projects. To date, 8minutenergy Renewables has been awarded 950 MW in PPAs; secured more than 1,200 MW in General Interconnection Agreements (GIA); obtained Conditional Use Permits (CUP) for 8,500 acres; and has 15,000 acres of land under contract.

About Silver Ridge Power, LLC
Silver Ridge Power is a joint venture between SunEdison, Inc. and Riverstone Holdings, LLC for the purpose of developing utility-scale solar power plants. Silver Ridge currently has 522 MW in operations globally.

About Sun Edison, Inc.
SunEdison is a global leader in transforming how energy is generated, distributed and owned. SunEdison manufactures solar technology and develops, finances, installs and operates distributed solar power plants, delivering predictably priced electricity and services to its residential, commercial, government and utility customers. SunEdison also provides 24/7 asset management, monitoring and reporting services for hundreds of solar systems worldwide via the company’s Renewable Operation Center (ROC). SunEdison has offices in North America, Europe, Latin America, Africa, India and Asia. SunEdison’s common stock is listed on the New York Stock Exchange under the symbol “SUNE.” To learn more visit www.sunedison.com

About Riverstone Holdings LLC
Riverstone is an energy and power-focused private investment firm founded in 2000 by David M. Leuschen and Pierre F. Lapeyre, Jr. with approximately $27 billion of equity capital raised. Riverstone conducts buyout and growth capital investments in the exploration & production, midstream, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London, Houston and Mexico City, the firm has committed approximately $26.1 billion to 108 investments in North America, Latin America, Europe, Africa, and Asia.

For more information about 8minutenergy, please call (916) 608-9060, send email to info@8minutenergy.com or visit www.8minutenergy.com.

For more information about Silver Ridge Power, please call (571) 302-3500, send email to info@srpcorp.com or visit www.SRPCorp.com

Forward Looking Statements

Certain matters discussed in this press release are forward-looking statements, including creation of more than 1,500 jobs during construction ; power for over 140,000 households in California will be generated; and these clean solar generation plants will displace the equivalent of approximately 700,000 metric tons of carbon dioxide (CO2) per year, which is equal to the amount that roughly 30 million trees would displace annually Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include changes in applicable regulatory requirements and incentives for production of solar power; and general business and economic conditions, including seasonality of the industry, and other risks described in SunEdison’s filings with the United States Securities and Exchange Commission. These forward-looking statements represent SunEdison’s judgment as of the date of this press release. SunEdison disclaims, however, any intent or obligation to update these forward-looking statements.

Media Contacts:

8minutenergy Renewables
Kevin Butler
P: (916) 608-9060
C: 415.990.1545
kbutler@8minutenergy.com

Silver Ridge Power
Patty Rollin
P: (571) 302-3495
patty.rollin@srpcorp.com

Google invests in Silver Ridge Power’s Mount Signal Solar project.

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Arlington, VA and Mountain View, CA, October 10, 2013.

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Silver Ridge Power: Ellen Gallup +1 571 302 3483
Google: press@google.com

Silver Ridge Power, LLC (“Silver Ridge Power”), formerly known as AES Solar, and Google Inc. (“Google”) announced today that Google became a partner and will invest approximately $103 million in Silver Ridge Power’s 265.7 MW Mount Signal Solar project. The project, also known as Imperial Valley Solar 1, is a utility-scale solar photovoltaic (“PV”) generating plant under construction in Imperial County, California. Mount Signal Solar is expected to be fully operational in 2014 and will sell its output to the San Diego Gas & Electric Company under a long-term power purchase agreement. Mount Signal Solar was co-developed with 8minutenergy Renewables, LLC. Google’s obligation to provide a significant portion of the committed funds is subject to customary conditions precedent, including the commencement of operations at Mount Signal Solar.

Silver Ridge Power’s global portfolio now totals approximately 522 MW in operation or construction in seven countries, making Silver Ridge Power one of the world’s largest owners and operators of utility-scale, solar PV power plants. Note that references to MW are in direct current (“DC”).

This is Google’s thirteenth renewable energy investment. In total, the company has committed over $1 billion to projects that will enable the generation of more than 2GW of electricity, enough to power over 500,000 homes.

“Our investment in Mount Signal Solar is a reflection of Google’s ongoing commitment to the renewable energy industry and our strong belief that investing in renewable energy makes business sense,” said Kojo Ako-Asare, Google’s Head of Corporate Finance. “This is the first time Silver Ridge Power has partnered with a technology company; we appreciate their innovative approach and we hope to see more such partnerships in the future.”

“We are pleased to have a world-class partner in Google on our flagship Mount Signal Solar project. We are on schedule to complete the project in 2014 and when completed it will be one of the largest single-axis tracker PV plants in the world,” said Robert Hemphill, CEO of Silver Ridge Power. “Mount Signal Solar represents over half of Silver Ridge Power’s total installed capacity and will provide clean, renewable electricity to over 80,000 homes in California.”

About Silver Ridge Power
Silver Ridge Power, formerly known as AES Solar, is a joint venture between The AES Corporation and Riverstone Holdings, LLC formed to develop, own and operate utility-scale solar power plants. Silver Ridge currently has 522 MW in operations and construction with operations in the USA, Italy, Spain, France, Bulgaria, India, and Greece and substantial development activity in the United States and in other countries. For more information, visit www.srpcorp.com.

About Google Inc.
Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top Internet property and its brand one of the most recognized in the world.

About Riverstone Holdings LLC
Riverstone is an energy and power-focused private equity firm founded in 2000 with approximately $26 billion of equity capital raised across seven investment funds. Riverstone conducts buyout and growth capital investments in the exploration and production, midstream, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $24 billion to 103 investments in North America, Latin America, Europe, Africa and Asia.

About AES
The AES Corporation (NYSE:AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 21 countries through our diverse portfolio of distribution businesses as we as thermal and renewable generation facilities. Our workforce of 25,000 people is committed to operational excellence and meeting the world’s changing power needs. Our 2012 revenues were $18 billion and we own and manage $42 billion in total assets. To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume 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 investments at normalized investment levels and rates of return consistent with prior experience.

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’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A “Risk Factors” and Item 7: Management’s Discussion & Analysis in AES’ 2012 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Any Stockholder who desires a copy of the Company’s 2012 Annual Report on Form 10-K dated on or about February 26, 2013 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

AES Solar completes debt financings totaling over $750 million

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Ellen Gallup +1 703 682 6431

AES Solar completes debt financings totaling over $750 million

ARLINGTON, VA.  November 12, 2012.  AES Solar, a joint venture of The AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that it has completed three financings totaling $752 million, including a project financing of a 266 megawatt (“MW”) solar photovoltaic (“PV”) power plant in the United States, a project financing of a 22.4 MW portfolio of three solar PV power plants in France and a corporate revolving credit facility for AES Solar. AES Solar’s global portfolio now totals more than 500 MW in operation or construction in seven countries, making AES Solar one of the world’s largest owners and operators of utility-scale, solar PV power plants.  Note that references to MW are in direct current (“DC”).

Last week, AES Solar completed financing for and began construction of the Mount Signal Solar project (also known as Imperial Valley Solar 1, or IVS1), a 266 MW utility-scale solar photovoltaic generating plant in Imperial County, California.  The project is expected to be fully operational in early 2014, and it will sell its output to San Diego Gas & Electric Company pursuant to a long-term power purchase agreement.  Mount Signal Solar was co-developed with 8minutenergy Renewables, LLC (“8minutenergy”) and represents the first of several fully-permitted projects in Imperial County that AES Solar is pursuing with 8minutenergy.  The financing was structured in two tranches: a $416 million long-term institutional tranche led by Morgan Stanley & Co. LLC and Citigroup Global Markets, Inc. as Joint Lead Placement Agents and Rabo Securities USA, Inc. and DNB Markets Inc. as Co-Placement Agents, and a $220 million cash grant loan provided by Morgan Stanley Senior Funding and Citibank, N.A.  Rabobank International and DNB Bank ASA also provided related letters of credit as part of the project financing.

“We are pleased to have begun construction of this important solar project.  It is the first of several that we look forward to developing in the Imperial Valley,” said Bob Hemphill, CEO of AES Solar. “This project doubles the size of our company’s portfolio and will provide electricity to over 65,000 homes in California.”

Last month, AES Solar closed a €70 million ($90 million), multi-borrower, non-recourse financing of a 22.4 MW portfolio in France.  HSH Nordbank was the Lead Arranger for this 18-year facility. The portfolio consists of a 12 MW solar PV parking-lot project located near Toulouse, an 8.7 MW solar PV parking-lot project located near Lyon and a 1.7 MW ground-mount solar PV project also near Toulouse.  All three solar PV power plants achieved commercial operation in the first half of 2012. The credit facility was used to refinance equity invested during construction.

The third transaction, which also closed in October 2012, is AES Solar’s first corporate facility consisting of a €20 million ($26 million) medium-term revolver, which will be used to provide working capital and additional financial flexibility for AES Solar.  The Lead Arranger of the facility is Goldman Sachs Bank USA.

“The combination of these several financings demonstrates the breadth of AES Solar’s business activities across markets, solar PV plant configurations and sizes,” said Becky Cranna, CFO of AES Solar.  “We look forward to creatively providing more of the world’s energy through solar PV power plants.”

AES Solar is one of the world’s largest owners and operators of utility-scale, solar PV power plants. The additional four projects in the United States and France will increase AES Solar’s portfolio to over 500 MW in operation or construction in the USA, Italy, Spain, France, Bulgaria, India and Greece.

About AES Solar

AES Solar is a joint venture between The AES Corporation and Riverstone Holdings, LLC formed to develop, own and operate utility-scale solar power plants.  AES Solar currently has 256 MW in operations in the USA, Italy, Spain, France, Bulgaria, India, and Greece with substantial development activity in the United States and in other countries. For more information, visit www.aes-solar.com.

About Riverstone Holdings LLC

Founded in 2000, Riverstone Holdings LLC is an energy and power-focused private equity firm with $23 billion of equity capital raised across seven investment funds and co-investments, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $19.6 billion to 91 investments in North America, Latin America, Africa, Europe and Asia. For more information, visit www.riverstonellc.com.

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 200 global power company. It provides affordable, sustainable energy to 27 countries through its diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Its workforce of 27,000 people is committed to operational excellence and meeting the world’s changing power needs. 2011 revenues were $17 billion, and AES owns and manages $45 billion in total assets. To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES distribution companies and operational performance at AES generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission (the “SEC”), including, but not limited to, the risks discussed under Item 1A “Risk Factors” and Item 7: Management’s Discussion & Analysis in AES’ 2011 Annual Report on Form 10-K and in subsequent reports filled with the SEC. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the AES 2011 Annual Report on Form 10-K dated on or about February 24, 2012 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the AES website at  www.aes.com.
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AES Solar closes on €77 million of long-term non-recourse financing for a portfolio of ten solar photovoltaic (PV) power plants totaling 27 MW in Italy

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Media Contact
Ellen Gallup +1 703 682 6431

AES Solar Closes on €77 Million Project Financing for a 27 MW Solar Photovoltaic Portfolio in Italy

ARLINGTON, VA. June 27, 2012. AES Solar, a joint venture between The AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that it closed on €77 million of long-term non-recourse financing for Elpida, a portfolio of ten solar photovoltaic (PV) power plants totaling 27 MW, located in the Lazio and Sicily regions of Italy. The financing facility closed this past May and was used to refinance the equity advanced during construction of the Elpida project.

Three mandated lead arrangers (“MLAs”) participated in this financing: Dexia Crediop (Coordinating Bank and Facility Agent), together with DNB Bank (Technical Bank) and ING Bank (Insurance Bank). The facility is structured as a multi-borrower transaction.

Six of the power plants totaling 21 MW achieved commercial operation during the second half of 2011, while the remaining four PV installations totaling 6 MW completed construction during the first two months of 2012, qualifying them for a 20-year feed-in tariff regulated under the fourth Conto Energia renewable energy tariff structure.

AES Solar currently has a global operating portfolio of 232 MW in Bulgaria, France, Greece, India, Italy and Spain, and has 24 MW under construction in the United States.

 

About AES Solar

AES Solar is a joint venture between The AES Corporation and Riverstone Holdings LLC formed to develop, own and operate utility-scale solar power plants. AES Solar currently has 232 MW in operations in Bulgaria, France, Greece, India, Italy and Spain with substantial development activity in the United States and in other countries. For more information, visit www.aes-solar.com.

 

About Riverstone Holdings LLC

Founded in 2000, Riverstone Holdings LLC is an energy and power-focused private equity firm with over $18 billion of equity capital raised across seven investment funds and co-investments, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $16.4 billion to 80 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.

 

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 27 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 27,000 people is committed to operational excellence and meeting the world’s changing power needs. Our 2011 revenues were $17 billion and we own and manage $45 billion in total assets. To learn more, please visit www.aes.com.

 

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume 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 investments at normalized investment levels and rates of return consistent with prior experience.

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’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2011 Annual Report on Form 10-K. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2011 Annual Report on Form 10-K dated on or about February 24, 2012 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Form 10-K may be obtained by visiting the Company’s website at www.aes.com.

AES Solar and Met Life Announce the Financing and Start of Construction of its Ilumina Project – a 24 MW Solar Photovoltaic Power Plant in Puerto Rico – The First Utility Scale Solar Project on the Island.

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Ellen Gallup +1 703 682 6431

AES Solar and Met Life Announce the Financing and Start of Construction of its Ilumina Project – a 24 MW Solar Photovoltaic Power Plant in Puerto Rico – The First Utility Scale Solar Project on the Island.

ARLINGTON, VA.  September 30, 2011.  AES Solar, a joint venture between The AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that one of its subsidiaries, AES Ilumina, has closed earlier this month on a construction loan, term loan, and tax equity non-recourse financing facilities provided by MetLife, a leading provider of insurance, employee benefits and financial services with operations throughout the United States and the Latin America, Europe and Asia Pacific regions.  CP Energy served as financial advisor to AES Solar on this transaction, and Cornerstone Financial Advisors served as financial advisor to MetLife.

AES Ilumina has begun construction of the 24 MW photovoltaic power plant located in Guayama, Puerto Rico.  The construction will be led by Global Energy Services, USA, a Philadelphia based construction firm.  AES Ilumina will sell all of its output to the Puerto Rico Electric Power Authority (PREPA) under a 20-year power purchase agreement.  It purchased land for the project from the Puerto Rico Industrial Development Company (PRIDCO). The plant is expected to begin production in the summer of 2012.  Approximately 200 jobs will be created during construction.

“We are honored to have been selected to develop, finance, and operate Puerto Rico’s first utility scale solar energy project.  Ilumina is a good example of how we were able to leverage AES’ existing presence in the market to expand into a renewable platform.  This power plant is also the first investment in our planned expansion into the US solar market.  We look forward to future investments in order to support further energy diversification on the island”, said Robert Hemphill, CEO of AES Solar

“The AES Ilumina project is an added value to Puerto Rico’s capacity of attracting foreign direct investment as it addresses our needs of diversifying energy sources, including renewable, clean and plentiful solar energy. We appreciate this partnership with AES Ilumina as it is key to ensure our economic growth” , stated the Secretary of the Department of Economic Development and Commerce and executive director of PRIDCO, Hon. José Pérez-Riera adding that the Ilumina was the first to be awarded economic incentives under new legislation incentivizing investments in renewable energy generation.
About AES Solar

AES Solar is a joint venture between The AES Corporation and Riverstone Holdings LLC and was formed to develop, own and operate utility scale photovoltaic solar installations around the world.  AES Solar currently has 191 MW in operation or under construction in the United States, Spain, Greece, Italy, France, Bulgaria, and India with substantial development activity in other countries. For more information visit www.aes-solar.com
About MetLife

MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 50 countries.  Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia Pacific, Europe and the Middle East.  For more information, visit www.metlife.com.
About Riverstone Holdings LLC

Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $16.0 billion to 79 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.
About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses.  Through its diverse portfolio of thermal and renewable fuel sources, AES safely provides affordable and sustainable energy in 28 countries.  AES’ workforce of 29,000 people is committed to operational excellence and meeting the world’s changing power needs.  AES’ 2010 revenues were $17 billion, and it owns and manages $41 billion in total assets.  To learn more, please visit www.aes.com.
The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934.  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’ current expectations based on reasonable assumptions.  Forecasted financial information is based on certain material assumptions.  These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES’ distribution companies and operational performance at AES’ generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2009 Annual Report on Form 10-K.  Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business.  AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2009 Annual Report on Form 10-K filed on or about February 25, 2010 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. Stockholders may also obtain a copy by visiting the Company’s website at www.aes.com

AES Solar Closes on €68 Million Project Financing for 18 MW Photovoltaic Portfolio in Italy

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AES Solar Closes on €68 Million Project Financing for 18 MW Photovoltaic Portfolio in Italy

ARLINGTON, VA.  July 27, 2011.  AES Solar, a joint venture between the AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that one of its subsidiaries closed earlier this month on long-term non-recourse financing facilities of €68 million, named “Azimuth”, to finance the construction of a portfolio of solar photovoltaic (PV) projects totaling 18 MW, located in the Lazio, Puglia and Sicily regions of Italy.

Four mandated lead arrangers (“MLAs”) participated in this financing: Dexia Crediop (Facility Agent) and Société Générale, as Coordinating Banks, together with DnB NOR and ING.  The facilities cover up to 81 percent of estimated project costs with a final maturity date of 18 years post construction. The financial model base case prepared for this financing was set targeting a minimum and average debt service coverage ratio (“DSCR”) of 1.30x.

The four plants financed by these facilities either have or are expected to reach commercial operation between now and the end of Q3 2011, which will qualify them for a 20-year regulated feed-in tariff under the “Conto Energia” renewable energy tariff structure.

AES Solar currently has a global operating portfolio of 127 MW in Italy, Spain, Greece, Bulgaria and France, and with the addition of its assets under construction, has a total portfolio of 159 MW of projects.
About AES Solar

AES Solar is a joint venture between The AES Corporation and Riverstone Holdings LLC formed to develop, own and operate utility-scale solar power plants.  AES Solar currently has 127 MW in operations in Spain, Greece, France and Bulgaria with substantial development activity in other countries. For more information, visitwww.aes-solar.com.
About Riverstone Holdings LLC

Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $16.0 billion to 79 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses.  Through its diverse portfolio of thermal and renewable fuel sources, AES safely provides affordable and sustainable energy in 28 countries.  AES’ workforce of 29,000 people is committed to operational excellence and meeting the world’s changing power needs.  AES’ 2010 revenues were $17 billion, and it owns and manages $41 billion in total assets.  To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934.  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’ current expectations based on reasonable assumptions.  Forecasted financial information is based on certain material assumptions.  These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES’ distribution companies and operational performance at AES’ generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2009 Annual Report on Form 10-K.  Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business.  AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2009 Annual Report on Form 10-K filed on or about February 25, 2010 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. Stockholders may also obtain a copy by visiting the Company’s website at www.aes.com

AES Solar Closes on €103 Million Project Financing for a 24 MW Photovoltaic Portfolio in Italy

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Ellen Gallup +1 703 682 6431

AES Solar Closes on €103 Million Project Financing for a 24 MW Photovoltaic Portfolio in Italy

ARLINGTON, VA. December 23, 2010. AES Solar, a joint venture between The AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that one of its subsidiaries closed on long-term non-recourse financing facilities of €103 million for a 24 MW portfolio of solar photovoltaic (PV) project, named “Il Terzo.” The Il Terzo portfolio is located throughout the Lazio, Puglia and Sicilia regions of Italy.

David Sundstrom, AES Solar Country Manager for Italy stated: “The Il Terzo financing was an especially challenging endeavor as it was a multi-project financing, covering seven of our Italian PV projects which were in various stages of construction throughout the financing process. Closing our third financing in Italy in the space of eight months underlines the quality of AES Solar’s capabilities in project finance and development and the strength of our banking relationships.”

Two banks participated in this financing: Dexia Crediop (as Agent) and Société Générale. The facilities cover approximately 85 percent of estimated project costs with a final maturity date of 18 years post construction. The seven plants composing Il Terzo are expected to reach commercial operation by the end of the first quarter of 2011, which will qualifies the portfolio for a 20-year regulated feed-in tariff under the “Conto Energia” scheme. AES Solar currently has a global operating portfolio of 37 MW in France, Greece and Spain, and with the addition of the Il Terzo portfolio, has approximately 135 MW of projects in operation or under construction.

About AES Solar

AES Solar is a joint venture between The AES Corporation and Riverstone Holdings LLC formed to develop, own and operate utility-scale photovoltaic solar installations around the world. AES Solar currently has 37 MW in operations in Spain, Greece and France, with substantial development activity in other countries. For more information, visit www.aes-solar.com.

About Riverstone Holdings LLC

Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $15 billion to 73 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through its diverse portfolio of thermal and renewable fuel sources, AES safely provides affordable and sustainable energy in 31 countries. AES’ workforce of 27,000 people is committed to operational excellence and meeting the world’s changing power needs. AES’ 2009 revenues were $14 billion, and it owns and manages $40 billion in total assets. To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES’ distribution companies and operational performance at AES’ generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2009 Annual Report on Form 10-K. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2009 Annual Report on Form 10-K filed on or about February 25, 2010 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. Stockholders may also obtain a copy by visiting the Company’s website at www.aes.com.

AES Solaire France Holds Inauguration of a Solar Photovoltaic Power Plant in Sault, France

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Angelina Tutino: + 33 4 88 78 22 50

AES Solaire France Holds Inauguration of a Solar Photovoltaic Power Plant in Sault, France

PARIS, FRANCE, June 17, 2010. AES Solaire France, an affiliate of AES Solar Energy Ltd., held the inauguration of their 1.2 MW ground-mounted solar photovoltaic (PV) power plant in Sault (Vaucluse), France today.

The solar PV plant is located on a former military site, which was used to store a nuclear missile from the mid 1960s until it was dismantled in the late 1990s. The mayor of Sault, André Faraud, said “We are pleased that the former military site was converted into a renewable energy project.”

Kristen Panerali, AES Solar Country Manager for France stated, “This is our first operating solar PV project in France, an important market for AES Solar. We look forward to developing and operating new projects here.”

The plant began commercial operations in December 2009, and produces enough electricity for about 600 households. The electricity is sold to Electricité de France (EDF) under a long-term contract. The plant was financed by Credit Cooperative and was constructed under a turnkey contract by GES-Global Energy Services.

About AES Solar Energy Ltd

AES Solar Energy Ltd, (AES Solar) is a joint venture between The AES Corporation and Riverstone Holdings LLC formed to develop, own and operate utility-scale photovoltaic solar installations around the world. AES Solar currently has 37 MW in operations in Spain, Greece and France, with substantial development activity in other countries. For more information, visit www.aes-solar.com.

The AES Solar Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and of the U.S. Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forwardlooking statements are not intended to be a guarantee of future results, but instead constitute AES Solar’s current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, AES Solar’s accurate projections of future interest rates, foreign currency pricing, continued normal levels of operating performance and operational performance at AES Solar’s’ businesses consistent with historical levels.

Actual results could differ materially from those projected in AES Solar’s forward-looking statements due to risks, uncertainties and other factors. AES Solar undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

AES Solar Energy Closes on €31 Million Project Financing for 8 MW Photovoltaic Project in Italy

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Ellen Gallup 1-703-682-6431

AES Solar Energy Closes on €31 Million Project Financing for 8 MW Photovoltaic Project in Italy

ARLINGTON, VA. June 3, 2010. AES Solar Energy Ltd (AES Solar), a joint venture between the AES Corporation (NYSE: AES) and Riverstone Holdings LLC, announced today that one of its subsidiaries closed on long-term non-recourse financing facilities of €31 million to finance the construction of the 8 MW Torchiarolo solar photovoltaic (PV) facility project, located in the Puglia region of Italy.

David Sundstrom, AES Solar Country Manager for Italy stated, “Reaching financial close on the 8 MW Torchiarolo project, our second solar PV project in Italy this year, demonstrates AES Solar’s strong capabilities in project finance and development. We appreciate the continued support of lenders as we move forward to develop our pipeline of PV projects under Italy’s feed-in tariff structure.”

Two banks participated in this financing: UniCredit Mediocredito Centrale (as Agent) and Centrobanca – Banca di Credito Finanziario e Mobiliare. The facilities cover approximately 85 percent of estimated project costs at completion, and the final maturity date is 18 years post construction.

The 8 MW Torchiarolo project is expected to reach commercial operation by the end of 2010, which will qualify it for a 20-year regulated feed-in tariff under the “Conto Energia” scheme. Global Energy Services Italia is constructing the project.

AES Solar currently has a global operating portfolio of 37 MW in France, Greece and Spain, and with the addition of the Torchiarolo project, has a total of 51 MW of projects under construction. AES Solar is on track to have 88 MW in operation by the end of 2010.

About AES Solar Energy Ltd

AES Solar Energy Ltd, (AES Solar) is a joint venture between The AES Corporation and Riverstone Holdings LLC formed to develop, own and operate utility-scale photovoltaic solar installations around the world. AES Solar currently has 37 MW in operations in Spain, Greece and France, with substantial development activity in other countries. For more information, visit www.aes-solar.com.

About Riverstone Holdings LLC

Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $14 billion to 70 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through its diverse portfolio of thermal and renewable fuel sources, AES safely provides affordable and sustainable energy in 31 countries. AES’ workforce of 27,000 people is committed to operational excellence and meeting the world’s changing power needs. AES’ 2009 revenues were $14 billion, and it owns and manages $40 billion in total assets. To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES’ distribution companies and operational performance at AES’ generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2009 Annual Report on Form 10-K. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2009 Annual Report on Form 10-K filed on or about February 25, 2010 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. Stockholders may also obtain a copy by visiting the Company’s website at www.aes.com.

AES Solar Energy Closes on €173 Million Project Financing for 43 MW Photovoltaic Project in Italy

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Ellen Gallup +1 703 682 6431

AES Solar Energy Closes on €173 Million Project Financing for 43 MW
Photovoltaic Project in Italy

ARLINGTON, VA. – April 1, 2010 — AES Solar Energy Ltd (AES Solar), a joint venture between The AES Corporation and Riverstone Holdings LLC, announced that one of its subsidiaries closed on long-term project financing facilities of €173 million to finance the construction of the Cellino San Marco (CSM) project, a 43 MW solar photovoltaic (PV) facility located in the Puglia region of Italy. CSM is the largest solar PV project in Italy to reach financial close.

A total of five banks participated in this financing: Société Générale (as Documentation,Technical & Modeling Bank and Hedging Coordinator), Unicredit Mediocredito Centrale (as Documentation Bank), BNP Paribas (as Insurance Bank), Crédit Agricole Corporate and Investment Bank and Dexia Crediop (as Agent). SACE is taking this opportunity to step up its involvement in financing solar PV projects, participating via providing a guarantee for a portion of Société Générale’s commitment. The facilities cover approximately 85% of estimated project costs at completion and the final maturity date is 18 years post construction.

Massimiliano Battisti, a Managing Director at Société Générale, one of the coordinating banks in this transaction remarked, “While the Italian regulatory environment makes solar PV a highly attractive investment, its dynamics make innovative financing solutions necessary. This poses a significant barrier to entry for less sophisticated investors. In this environment we believe that it is very important to have partners like AES Solar who are among the most experienced sponsors in this sector, as they have both the industry and the financial expertise as well as the ability to understand the subtleties of the local market to enable them to successfully deliver the project.”

Construction on the project is underway and the project is expected to reach commercial operation by the end of 2010, qualifying it for a 20-year regulated feed-in tariff under the “Conto Energia” scheme. CSM will use First Solar thin film panels.

The addition of the 43 MW CSM will more than double the global operating portfolio of AES Solar, which currently includes 38 MW across France, Greece and Spain

About AES Solar Energy Ltd

AES Solar Energy Ltd, (AES Solar) is a joint venture between The AES Corporation and Riverstone Holdings LLC, formed to develop, own and operate utility-scale photovoltaic solar installations around the world. AES Solar currently has 38 MW in operations in Spain, Greece and France, with substantial development activity in other countries. For more information, visit www.aes-solar.com.

About Riverstone Holdings LLC

Riverstone Holdings LLC, an energy and power-focused private equity firm founded in 2000, has approximately $17 billion under management across six investment funds, including the world’s largest renewable energy fund. Riverstone conducts buyout and growth capital investments in the midstream, exploration & production, oilfield services, power and renewable sectors of the energy industry. With offices in New York, London and Houston, the firm has committed approximately $13 billion to 66 investments in North America, Latin America, Europe and Asia. For more information, visit www.riverstonellc.com.

About The AES Corporation

The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through its diverse portfolio of thermal and renewable fuel sources, AES safely provides affordable and sustainable energy in 29 countries. AES’ workforce of 27,000 people is committed to operational excellence and meeting the world’s changing power needs. AES’ 2009 revenues were $14 billion and it owns and manages $40 billion in total assets. To learn more, please visit www.aes.com.

The AES Corporation Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forwardlooking 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’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, AES’ accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at AES’ distribution companies and operational performance at AES’ generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in AES’ forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES’ filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A “Risk Factors” in AES’ 2009 Annual Report on Form 10-K. Readers are encouraged to read AES’ filings to learn more about the risk factors associated with AES’ business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company’s 2009 Annual Report on Form 10-K filed on or about February 25, 2010 with the SEC may obtain a copy (excluding Exhibits) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. Stockholders may also obtain a copy by visiting the Company’s website at www.aes.com.