AES Dominicana

AES ANDRES is one of the companies owned by the AES Dominicana group. Since 1997 AES has invested more than 800 million dollars in the Dominican Republic, mainly through a single equity interest in Dominican Power Partners and AES ANDRES and with a 50% interest in ITABO, S.A., where AES is a strategic partner of the Dominican State.

AES Dominicana is the only group with two deep-water port infrastructures in the country. The Liquid Natural Gas terminal located in the AES Andres energy park is the natural gas entry point into the country, while the Itabo International Port is the only port that receives mineral coal and other types of materials.

AES Dominicana uses the synergy between all of its businesses to create the strength that consolidates it as a young and efficient group committed to national development, adding value to its clients, and always promoting the Values of AES Corporation.

As a business group it combines a global perspective with deep local knowledge and an untiring commitment to operational excellence to help communities grow, through a safe and reliable supply of electrical energy. This has never been more evident than during 2006 where each one of the businesses exceeded its own historical record of availability, generation, and efficiency.

The excellent results of AES Dominicana marked the difference in the evolution of the national electrical sector, with the permanent generation based on natural gas and mineral coal for electrical generation, and a marked increase in the use of natural gas on a large scale by retail sectors such as commerce, industry, and vehicles.

AES DOMINICANA INFRASTRUCTURE

1) Dominican Power Partners (DPP, LOS MINA 1997)

• First AES investment in the Dominican Republic
• Combined cycle electrical central unit with two 118 MW each turbines located in Santo Domingo Este.
• Marginal dispatch based on LNG
• The LNG is bought from AES Andres through a long-term contract
• Power Purchase Agreement (PPA) with EDE Este
• Investment of US$123 MM
• 100% AES ownership

ITABO S.A., (EGE-ITABO, 1999)

• 432 MW plant of which 260 MW are coal-based
• Coal port of 580 meters in length, and capacity for 1,600 tons per hour
• Plans for expansion to a third coal unit
• The most economical electricity generation after the hydroelectric units
• AES GENER Investment US$89 MM
• Ownership: 50% AES and 50% Dominican Government (FONPER) and minority shareholders

AES Andres (2000)

• 319 MW Combined cycle generation
• Port for receiving Liquid Natural Gas
• Re-gasification terminal with storage capacity of 160,000 m ³
• 34 kilometer Gas pipeline to DPP
• Operations since December 1, 2003
• Investment of US$423 MM
• 100% AES ownership

Over the last two years the company has achieved extraordinary operational and financial results. AES Dominicana personnel at all levels in the company were the driving force behind these improvements. In each one of the businesses, the people were motivated to find ways to achieve results in four key areas: optimizing the assignment of capital, increasing the efficiency of the work processes, collecting and protecting income, and mitigating high-impact operational risks.

Projects completed

• Itabo
• Andres
• Conversion to LNG DPP
• 34 Km Pipeline
• LNG Terminal
• GNC Retails (Key Line)
• Boil-Off Gas

Employees: 296

Investment: US$800 millions

Installed Capacity: 987.5 MW

Fuel Matrix: Natural Gas and Coal

Energy sold in 2006: 3,197 GWh

Market Share: 31.2%

Marco De la Rosa CEO, AES Dominicana