Greetings!
You're invited to AES' investor call on Wednesday, February 24, 2016 at 9:00 AM EST to review our fourth quarter and full year 2015 financial results. The call is open to the media and the public in a listen-only mode by telephone and webcast. To join the teleconference, dial 1-888-317-6003 at least ten minutes before the start of the call. International callers should dial +1-412-317-6061. The Conference ID for the call is 8324667. Internet access to the conference call and presentation materials will be available through the AES website at Presentations and Webcasts.
AES Communications
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Global Insurance team and AES Merida III collaborate to save money
Global insurance market statistics state that gas turbines account for 63 percent of all equipment breakdown claims that occur in combined cycle power plants and 73 percent of claims are within the primary US $25M insurance layer. These statistics, along with the fact that fleet leaders of F-Class gas turbines are reaching lifecycle milestones in regards to operating hours, makes this class of gas turbines of interest to the insurance industry. In 2011, AES Merida III operated two Siemens-Westinghouse W501FC+ gas turbines which were rapidly approaching a 96,000 Equivalent Base Hour (EBH) milestone. At that milestone, the OEM requires a full rotor disassembly which takes at least 90 days, greatly affecting the availability of the unit. If the inspection was not completed, the facility would have been viewed as an undesirable risk, possibly resulting in coverage restrictions. A rotor swap was an option, but at a cost of US $11M, it was beyond the financial model of the plant.
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AES Eletropaulo improves lives of animals in the community
AES Eletropaulo, part of the Brazil SBU, was notified by the Military Police Department of the State of São Paulo (PMESP) that howler monkeys and other animals native to the area were at risk of electrocution when attempting to cross urban regions in the Far Northern section of São Paulo using overhead power lines. AES Eletropaulo and the PMESP partnered to build an aerial transportation system referred to as a "transbugio" to protect the animals. The transbugio are formed by combining aerial ropes and rods and connecting the green areas of the city boundaries with the urban space of São Paulo. Many of the animals including marmosets, robust capuchins, big-eared opossums, coatis, Brazilian squirrels and prehensile-tailed porcupines have all benefited from the construction of the transbugio as they can use it rather than power lines to safely move about.
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