Feature Story:    

AES inaugurates Estrella del Mar I in Panama
Company Confidential
   
  

Andrés Gluski, AES President and CEO, is participating in the Second CEO Summit of the Americas in Panama this week. The summit is organized by the Government of the Republic of Panama and the Inter-American Development Bank, and brings government and business leaders together to discuss trade and development opportunities in the Americas. On Friday, April 10, Andrés will join a panel of business leaders to discuss Energy: Fueling the Americas' Growth. The panel will be available to view through a live webcast this Friday, April 10 at 9:30 AM EDT. Click here to access the live webcast. Also, be sure to check out Andrés' interview on CNN Dinero (video in Spanish with English subtitles) about the summit.

 

AES Communications
LEADERSHIP MATTERS

Monthly Safety Leadership Message from Ken Zagzebski

 

As Bernerd mentioned in his COO safety message last month, our operational leadership is going to take turns this year sharing their perspectives on safety with you. You'll hear from a different leader each month and it's my honor to be the first to share my thoughts on our first Value, Safety.

 

Our five shared Values provide guidance for the decisions we make and how we act. Each AES person has the responsibility to live up to our Values including putting safety first. Every AES person, regardless of what their role is, must personally believe that safety is first. When it comes to acting safety, it is not because we are told to do something by others, but because every person believes in it and takes ownership for safety. Owning safety is a mindset. You treat safety as part of everything you do and make the right choices which are the safe choices. It also means that you not only know our four safety beliefs, but also put them into practice.
SPEED OF LIGHT

AES inaugurates Estrella del Mar I in Panama

 

One way to add value to the business is through platform expansions. AES Panama, part of the MCAC SBU, recently installed Estrella del Mar I, a 72 MW thermal generation barge. This addition ensures AES Panama remains the country's largest energy producer with a total of 777 MW of installed capacity. Andrés Gluski, AES President and CEO, Bernerd Da Santos, AES SVP and COO, Arturo Gris, MCAC SBU COO, Miguel Bolinaga, AES Panama Market Business Leader, and Panamanian government officials inaugurated the installation earlier this week.

WIN EVERY WEEK
 

AES Panama receives Great Place to Work recognition

  

Gaining recognition for being a great place to work is one of AES' strategic goals. AES Panama is helping us reach our goals as they were ranked number four among the best places to work in Panama while AES ranked number five among the best multinationals in Central America by the Great Place to Work Institute. Miguel Bolinaga, AES Panama Market Business Leader, said, "The effort of each one of our people allows us to achieve our goals. It is vital to procure spaces to empower our people and guarantee an optimal environment to develop creativity and camaraderie which are productivity drivers in our organization."
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BEHIND THE MWs

AES Announces Signing of Heads of Terms Agreement at Maritza in Bulgaria

 

On Wednesday, AES announced that one of its subsidiaries, AES 3C Maritza East I (Galabovo) has signed a Heads of Terms Agreement (HTA) with NEK, the state-owned wholesale power company. Under the framework set forth in the HTA, both parties will endeavor to make certain changes to the Power Purchase Agreement (PPA), under which Maritza sells its output to NEK through 2026 (PPA Term). Maritza and NEK agreed to reduce the capacity payment to Maritza under the PPA by 14 percent through the PPA Term. In exchange, NEK will pay Maritza its full outstanding receivables, which as of March 31, 2015 were approximately $236 million. A binding agreement is expected to be signed by the third quarter of 2015 and is subject to customary regulatory approvals.
INNOVATION AT WORK

APEX project: Condense Chiller Water Recovery

  

At this year's 2014 APEX Global Awards, 15 projects were presented as examples of successful performance excellence projects across the company. One of the projects presented included, Condense Chiller Water Recovery, from AES Andres, part of the MCAC. 
ALWAYS ON FOR SAFETY 
  

José Carlos Soares is Always On for Safety

 

José Carlos Soares is a Loss Recovery (Fraud) Electrician at Vila Prudente Base, part of AES Eletropaulo in Brazil. He has worked for the company for 17 years and is proud of his zero-incident personal record, despite dealing with risks of potential electrical shocks, explosions and falls on a daily basis. José Carlos looks out for everyone's safety and sets a good example for his colleagues. José Carlos said, "Whenever I see someone not using their personal protective equipment, I feel that I have the responsibility to talk to the person." 
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