Greetings!
Did you participate in the recent Quarterly Update? Andrés Gluski, AES President and CEO, and the Executive Leadership Team (ELT) hosted a Quarterly Update for all AES people in English and Spanish recently. On the calls, Andrés and the ELT shared our 2016 performance measures and the Energy Star program, among other items. If you didn't have a chance to listen in, click here for an archive of the call in English and Spanish. There will be an additional call in Portuguese on Wednesday, June 22 from 9:00 AM to 10:15 AM EDT. Click here to access information for the call.
AES Communications
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Andrés Gluski presents at the Bernstein's 32nd Annual Strategic Decision conference
Andrés Gluski, AES President and Chief Executive Officer, addressed the Bernstein's 32nd Annual Strategic Decision Conference last Friday. In his talk, Andrés discussed AES' growth and expansion plans and minimizing the risks on our portfolio while maintaining our financial stability. A copy of the presentation can be found here.
The Strategic Decisions Conference has been a tradition for 32 years at Sanford C. Bernstein, an investment firm, is unique among investor conferences. It combines the industrial-strength research of Bernstein's independent equity analysts with the insights of CEOs from the world's largest and most important companies.
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AES Colón celebrates Ground Breaking Event
AES Colón, part of the MCAC SBU, started the construction for the first LNG power generation complex in Central America located in the Province of Colón, Republic of Panamá.
AES Colón is a venture between AES and our local partner, Inversiones Bahía. The project represents an investment of US $1.15B which adds to the more than US $1.3B that AES has invested in Panamá in the last 17 years. "Today we strengthen our commitment with Panamá, with the construction of the first natural gas power generation complex in Central America" emphasized Andrés Gluski, AES President and CEO, who attended the event along with other officers.
During the ceremony, the President of Panamá Juan Carlos Varela expressed his admiration to the process of awarding the bid of the energy concession. He emphasized the transparency and legal compliance with which the process was conducted, "demonstrating once more the commitment of the government´s administration to doing things the right way and always placing the interests of the country first."
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Accelerate Global Sourcing Opportunities
To be an energy star means challenging ourselves to improve the way we do things. The Global Operations Support team is currently working on the Accelerating Global Sourcing Opportunities work stream which involves taking advantage of our economies of scale to create a strategic approach to our sourcing activities. The team is starting their efforts with the global harmonization of the Supply Chain processes, policies and systems of choice, leveraging on its fundamental key relationship and dependency with our operations via the Asset Management Acceleration work stream. Both Asset Management and Global Sourcing work streams are closely interconnected in enabling AES to be a world-class operator and energy star.
In an interview with AES Vice President for Global Operations Support and work stream leader, Evaristo Leonardi, he said that the work stream enables us to achieve full visibility and transparency to our Non-Fuel Procurement with a target to be able to see out 48 months or four years in advance. "By improving our planning process and forecasting our non-fuel requirements and spend for the next three to four years, we are able to aggregate our demand on a regional and global level. This means managing Categories (aggregate bidding) and Portfolios of spend (leveraging on current contracts and relationships with our key suppliers) to seal better prices, and terms and conditions for AES." Since we've started aggregating our demand, the teams in the SBUs and Arlington have saved more than US $25M to date in OpEx and CapEx savings versus budget. All the associated transactions are identified in our systems of records providing the appropriate back up to each deal and transaction the teams close. The target for this year is to save US $40-60M in savings representing three to four percent of our total annual spend.
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AES Engineer awarded by the American Society for Quality (ASQ)
AES Performance Engineer Tristan Lee, from our Buffalo Gap Wind Farm in the US SBU, was selected for the People's Choice Award for Best Use of Data by the American Society for Quality (ASQ). Tristan was chosen to present his APEX project Ultra-Sonic Wind Measurement Integration in the ASQ conference among hundreds of global submissions. After the presentation, he was evaluated by the audience and his co-presenters and was chosen to receive the award.
In addition, Tristan was asked by ASQ to deliver a live television interview to be showcased on their website describing the project, tools used, barriers, and what the other factors contributing to our success in implementing our programs.
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What do you think about the AES Spotlight electronic newsletter?
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AES Gener wins 2016 Carlos Vial Espantoso Award
AES Gener, part of the Andes SBU, recently was awarded the 2016 Carlos Vial Espantoso award given by the Catholic University of Chile in recognition of companies that stand out for building strong and good labor relations with their people. The judges based its decision on AES Gener's strong promotion of training and collaboration-based trust relationships. It also highlighted their program focused on continued improvement and involves AES people and our contractors, and its innovating proposals in operational efficiency and sustainability. Andes SBU President, Felipe Cerón, said that the company is very proud of this award. "I want to sincerely thank each of our people since this award would not have been possible without them. We have proven through the years that each AES person in Gener contributed to the nation-wide recognition that we are receiving today, and to the pride that we feel for becoming a role model," said Felipe.
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AES Jordan celebrates Safety Day with Stakeholders
AES Jordan, part of the Europe SBU, recently recognized Safety Day with Jordanian government officials and other stakeholders. AES Jordan Amman East and AES Levant IPP4 celebrated as both projects received six international awards for Safety and Environmental Excellence and HR best practices. The awards included the British Safety Award, ROSPA Award, EE Award and Top Employer award. In addition, the Amman East Project achieved ISO 50001 for Energy management and ISO 55001 for Asset management recently. The event was attended by the Secretary General of Ministry of Energy and Mineral Resources Engr. Amani Al Azzam, Managing Director of National Electric Power Company, Engr. Abdel Fattah Daradkah, other government officials and members of the local community.
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Joe Armstrong is Always On for Safety
Joe is a Storekeeper with the Shared Services group at AES Ballylumford and AES Kilroot, both part of the Europe SBU. He has been with AES for 25 years and is considered to be diligent in striving to improve the working conditions of his colleagues. Joe always finds ways to improve his functional area for bot AES people and contractors. The housekeeping and tidiness of the stores at Ballylumford and Kilroot are exemplary, with all stock components stored in a logical and safe manner. When necessary, Joe uses his woodworking skills to design special cradles to hold components safely within the stores.
Joe understands safety is our first value and regardless of the team you are part of, safety must always be put first. His friendliness, helpfulness and knowledge create a suitable environment for safe working practices and good relationships. Joe is considered to be a model AES person when it comes to safety.
Thank you, Joe, for being always on for safety and for being a positive example for your peers at your worksite.
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