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Feature Story: 2012 APEX Global Awards Winners |
Company Confidential
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Greetings!
On February 27, 2013, AES reported our earnings for the Fourth Quarter and Full Year 2012. Adjusted Earnings Per Share (Adjusted EPS, a non-GAAP financial measure) were $1.24 for full year 2012. The contributions from our new businesses, which collectively represent more than 1,900 MW of capacity additions, and improved performance at our generation plants in the U.S. and Asia drove strong operating performance for the year. Reductions of general and administrative expenses also contributed to earnings growth. These positive drivers were partially offset by higher taxes and declines in Chile, due to lower spot margins and second quarter plant outages, and Brazil, as a result of the tariff reset at Eletropaulo
Listen to a replay of the earnings call at: http://newsroom.aes.com/phoenix.zhtml?p=irol-eventDetails&c=76149&eventID=4903113. |
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2012 APEX GLOBAL AWARD WINNERS
AES Performance Excellence (APEX) is at the very core of how we can improve the ways in which we work to deliver even more for our stakeholders and customers. In 2012, APEX teams completed more than 450 projects that delivered tens of millions in benefits to the company. The following three projects were recognized as our best projects for the year:
First Place
El Salvador: Total Maintenance Management System - A Cultural Transformation of Maintenance
The team created a maintenance management system by using innovative and low-cost tools and techniques to enable planning and prioritization of distributed assets as well as tracking performance following maintenance activities. The project led to reductions in both SAIFI and SAIDI, gaining savings associated with the Quality of Service and Non-Served Energy Penalizations.
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Mount Signal Solar Groundbreaking Ceremony
On Wednesday, February 27, 2013, AES Solar held a groundbreaking ceremony at its Mount Signal Solar Project. The site is located on approximately 1,963 acres of private, agricultural land in Imperial County, California, near the city of Calexico. Commercial operation of the first 100 MW AC is estimated to commence in the second half of 2013, with the remainder entering commercial operation by the first half of 2014.
Once completed, the Mount Signal Solar Project will be the largest ground mounted, single-axis tracking, solar photovoltaic (PV) power generating system in the world. |
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 Strategic Business Unit Profile: Brazil
Did you know that 7,712 people work for our Brazil Strategic Business Unit (Brazil SBU)? Or that it has a total generation capacity of 3,298 MW? The fact sheet available at the link below provides interesting facts and figures for the Brazil SBU, including its strategic business goals, leadership team and locations. |
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SAFETY IS OUR WAY OF LIFE |
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Significant Safety Incidents
Each month, our Global Environment, Health and Safety (EHS) team creates a report containing summaries of significant safety incidents (as reported by AES businesses into the AESOnline System) and examples of unsafe actions or conditions for which AES people used their stop work authority. These brief reports include incident descriptions, initial causes and corrective actions undertaken locally.
Significant Safety Incident Reports are available in English, Spanish, Portuguese, French and Russian in DocuShare. They are learning tools that can help us send each and every AES person and contractor home from work in the same condition they arrived. There are 6-10 significant incidents in each monthly report. Although it is good to review all of them, we ask that each location review and discuss the incidents relevant to their risks and hazards. |
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Click on the links below to access materials from the AES Fourth Quarter and Full Year 2012 Financial Results Conference Call held February 27, 2013.
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What do you think about the AES Spotlight electronic newsletter?
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March 24, 2013:
Safety Perception Survey End Date
April 18, 2013: AES Shareholder Meeting
May 9, 2013: AES Investor Day
May 15, 2013: AES Global Safety Day | | |
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 Winner Profile: Kshirod Brahma
Kshirod Brahma, Coal Mines Vice Presidentfor AES India, was honored with the 2012 Founders' Award for having demonstrated entrepreneurial spirit by identifying an opportunity to expand AES and taking the initiative to turn the opportunity into business success.
"I find myself extremely honored for receiving this 2012 AES Founders' Award," said Kshirod. "I have faced several challenges on my way here, but each has only strengthened me to make me the person I am today." |
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Company confidential. Do not distribute outside AES. © Copyright AES Corporation 2013
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