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IPL breaks ground for new battery storage facility

Company Confidential

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Did you miss yesterday's Quarterly Update hosted by Andrés Gluski, AES President and CEO, and the ELT team? If so, click here to access an archive of the call in English. Quarterly Updates are your way of hearing directly from the ELT about what we've accomplished and our strategy to succeed in the future. Please take a moment to review the call. We also encourage you to submit your feedback on the call to help us continuously improve the format.

 

Remember, the Quarterly Update will be presented in Spanish on July 20 from 9:00 AM - 10:00 AM EDT and Portuguese on July 24 from 10:00 AM - 11:00 AM EDT. Click here for more details. 

 

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BEHIND THE MWs

IPL breaks ground for new battery storage facility

 

Indianapolis Power and Light (IPL), part of the US SBU, broke ground earlier this week for a new IPL Advancion Energy Storage Array at Harding Street Station in a ceremony attended by nearly 100 people including, Indiana Governor Mike Pence, Indianapolis Mayor Greg Ballard and other elected officials and community leaders. The IPL facility is the first grid-scale energy storage system in the 15-state Midcontinent Independent System Operator (MISO) grid system. It will provide power during peak usage times and will balance supply and demand more efficiently on the electric grid with 20 MW of interconnected energy storage, equivalent to 40 MW of flexible resource.

WIN EVERY WEEK

AES Distributed Energy announced closing of warehouse loan facility

 

AES Distributed Energy announced the closing of a US $75M, three-year warehouse loan facility, which was provided by a syndicate of banks led by CIT Corporate Finance, Energy. The loan facility will partially fund the purchase of residential solar systems across the United States, as they come on-line through 2016. The associated equity investment for the portfolio will be made by MS Solar Investments LLC, AES Distributed Energy's partner for its MySolarSM joint venture. 

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COMMUNITY MATTERS

AES El Salvador partners on new children's museum exhibit

 

AES El Salvador, part of the MCAC SBU, partnered with other charitable organizations to renovate space for a new exhibit at the San Salvador Children's Museum. The exhibit, named The Energy that Moves Us, educates children on the physical sciences. The exhibit highlights the different ways to produce electricity and promotes energy resource savings to foster a culture of consumers that helps protect the economy and the environment. Abraham Bichara, El Salvador Market Business Leader, said, "The exhibit will encourage children and their parents to be responsible energy consumers and to protect the environment. It will also offer an opportunity for children to engage in recreational and interactive learning experiences rooted in education and participation, to understand the electric energy that they use in their daily lives."

AES Kazakhstan provides safety training to local schools

 

Being Always On means putting safety first at work, at home and even in your community. AES Kazakhstan is Always On and recently invested in their local community with a school safety training program. In May, AES Kazakhstan and the UST-Kamenogorsk Educational Department completed its first joint project to teach safety in local school over the course of one school year. The safety training program consisted of tutorial videos and conversations with AES Safety Champions on electricity and electric device safety both indoors and outdoors. As a final project for the year, Safety Champions organized a competition among the third and fourth graders from various schools. The children were very creative and made wall newspapers and booklets, as well as conducted a musical and theatrical performance as a team presentation. The results of the quizzes proved the children had achieved basic knowledge on electrical safety.

IPL uses Instagram to generate interest in renewables 

  

The external communications team at Indianapolis Power and Light (IPL) utilized Instagram, an image and video microblog, to generate interest in their solar farm at the Indianapolis International Airport. In partnership with a local community agency, IPL held its first InstaMeet inviting a group of local photographers to the solar farm at sunset. The local photographers listened to a presentation about the solar farm program and then were allowed to freely roam the grounds and take pictures that were posted to Instagram with the hashtag #INDYsolarmeet. Not only are the pictures great, but the captions highlighted that the photographers learned more about how solar energy is powering their local community. Congratulations to IPL for thinking outside of the box and finding new ways to engage with their customers and local community members. 

ALWAYS ON FOR SAFETY

Josh Wynia is Always On for Safety

 

Josh works at AES Huntington Beach as a Maintenance and Electrical Team Leader. This plant is located in California, and is part of the US SBU. Josh continuously demonstrates exemplary safety leadership throughout every assignment and every project in which he participates. Josh understands the meaning of being Always On for Safety. He looks out for his own safety and he pays special attention to his peers' safety and encourages others to be Always On. Josh's approachability, commitment to our first Value and personal integrity helps ensure AES people's and AES contractors' safety at the plant.