AES : Q1 2024 Fact Sheet

The AES

Corporation

Fact Sheet

As of May 2, 2024

AES Total: 34,908 Gross MW in Operation

Technology

Pet Coke & Oil

2%

Renewables1

27%

54%

17%

Gas

Segment

Energy

Infrastructure

42%

Renewables2

47%

Coal

11%

Utilities

1. Includes hydro, wind, solar, energy storage, biomass and landfill gas.

• 2. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment.

AES Total: 23,972 Proportional MW in Operation

Technology

Pet Coke & Oil

2%

Renewables1

Gas

27%

Segment

Energy

Infrastructure

46%

Renewables2

51%

20%

Coal

43%

11%

Utilities

1. Includes hydro, wind, solar, energy storage, biomass and landfill gas.

• 2. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment.

Renewables Total1: 16,517 Gross MW in Operation

Technology

Energy Storage

6%

34% Hydro

Wind 32%

28%

Solar

• 1. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment.

Renewables Total1: 10,277 Proportional MW in Operation

Technology

Energy Storage

7%

38% Hydro

Wind 31%

24%

Solar

• 1. Excludes renewables projects in Chile, currently reported as part of the Energy Infrastructure segment.

Renewables

					Date of Acquisition or
Business	Location	Fuel	Gross MW	AES Equity Interest	Commencement of	Contract Expiration	Customer(s)
Commercial	Date
					Operations
AES Brasil Operações (AES	Brazil	Hydro	2,658	47%	1999	2032	Various
Tietê)1
Alicura	Argentina	Hydro	1,050	100%	2000
Chivor	Colombia	Hydro	1,000	99%	2000	2024-2039	Various
OpCo A2	US-Various	Solar	967	26%	2017-2019	2028-2046	Various
Wind	140	2017	2036-2046
New York Wind (OpCo D)3	US-NY	Wind	612	75%	2021		NYISO
AES Renewable Holdings3	US-Various	Solar	414	100%	2015-2023	2029-2042	Utility, Municipality,
Energy Storage	90	Education, Non-Profit
Spotsylvania Solar Energy	US-VA	Solar	485	26%	2020-2021	2035	Apple, Akami, Etsy,
Center (OpCo B)2	Microsoft
Ventos do Araripe, Caetés &	Brazil	Wind	456	47%	2022	2034-2035	Various, CCEE
Cassino (Cubico II)
Chevelon Butte (OpCo D)3	US-AZ	Wind	454	75%	2023-2024	2043-2044	APS
Alto Sertão II	Brazil	Wind	386	36%	2017	2033-2035	Various, CCEE
Cajuína 1	Brazil	Wind	314	36%-47%	2023	2035-2043	Various
Mesa La Paz	Mexico	Wind	306	50%	2019	2045	Fuentes de Energía
Peñoles
McFarland A4	US-AZ	Solar	200	75%	2023	2038	BP
Energy Storage	100
Cajuína 2	Brazil	Wind	296	36%-47%	2023	2044	Various
OpCo B2	US-Various	Solar	260	26%	2019	2039-2044	Various
Bayano	Panama	Hydro	260	49%	1999	2030	ENSA, Edemet, Edechi,
Other

1. AES Tietê plants: Áqua Vermelha (1,396 MW), Bariri (143 MW), Barra Bonita (141 MW), Caconde (80 MW), Euclides da Cunha (109 MW), Ibitinga (132 MW), Limoeiro (32 MW), Mog-Quaçu (7 MW), Nova Avanhandava (347 MW), Promissão (264 MW), Sao Joaquim (3 MW) and Sao Jose (4 MW).
2. Unconsolidated entity, accounted for as an equity affiliate.

• 3. AES owns these assets together with third-party tax equity investors with variable ownership interests. The tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the life of the projects. The proceeds from the issuance of tax equity are recorded as Noncontrolling interest or Redeemable stock of subsidiaries in the Company's Consolidated Balance Sheets, depending on the partnership rights of the specific project.

4. Owned by AES Clean Energy Development (ACED).

Renewables

					Date of Acquisition or
Business	Location	Fuel	Gross MW	AES Equity Interest	Commencement of	Contract Expiration	Customer(s)
Commercial	Date
					Operations
Buffalo Gap II1	US-TX	Wind	233	100%	2007
Baldy Mesa2	US-CA	Solar	150	75%	2023	2043	Amazon
Energy Storage	75
Changuinola	Panama	Hydro	223	90%	2011	2030	AES Panama
Great Cove 1&22	US-PA	Solar	220	75%	2023	2043	University of Pennsylvania
Raceway 1	US-CA	Solar	125	50%	2023	2043	Microsoft
Energy Storage	80
Prevailing Winds (OpCo B)1	US-SD	Wind	200	26%	2020	2050	Prevailing Winds
Oak Ridge2	US-LA	Solar	200	75%	2023	2043	Amazon
Ventus	Brazil	Wind	187	36%	2020	2034	CCEE
Delta2	US-MS	Wind	185	75%	2023-2024	2043-2044	Amazon
Skipjack (OpCo D)1,2	US-VA	Solar	175	75%	2022	2036	Exelon Generation
Company
Buffalo Gap III2	US-TX	Wind	170	100%	2008
Tucano Phase 2	Brazil	Wind	167	47%	2023-2024	2036	Anglo American
Mandacaru and Salinas	Brazil	Wind	159	47%	2021	2033-2034	CCEE
St. Nikola	Bulgaria	Wind	156	89%	2010	2025	Electricity Security Fund
Tucano Phase 1	Brazil	Wind	155	24%	2022-2023	2042	Unipar
Guaimbê	Brazil	Solar	150	36%	2018	2037	CCEE
Lancaster Area Battery (LAB)1,2	US-CA	Energy Storage	127	75%	2022	2037	PG&E
Buffalo Gap I1	US-TX	Wind	121	100%	2006
Chiriqui - Esti	Panama	Hydro	120	49%	2003	2030	ENSA, Edemet, Edechi,
Other

1. AES owns these assets together with third-party tax equity investors with variable ownership interests. The tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the

	life of the projects. The proceeds from the issuance of tax equity are recorded as Noncontrolling interest or Redeemable stock of subsidiaries in the Company's Consolidated Balance Sheets, depending on the partnership rights of
7	the specific project.

2. Owned by AES Clean Energy Development (ACED).

Renewables

					Date of Acquisition or
Business	Location	Fuel	Gross MW	AES Equity Interest	Commencement of	Contract Expiration	Customer(s)
Commercial	Date
					Operations
Cavalier2	US-VA	Solar	116	75%	2023	2043	Dominion Energy
Cabra Corral	Argentina	Hydro	102	100%	1995		Various
Southland Energy - Alamitos	US-CA	Energy Storage	100	50%	2021	2041	Southern California Edison
Energy Center2
							Salt River Project
East Line Solar (OpCo B)4	US-AZ	Solar	100	26%	2020	2045	Agricultural Improvement
							& Power District
							Salt River Project
Central Line (OpCo B)3	US-AZ	Solar	100	26%	2022	2039	Agricultural Improvement
							& Power District
							Salt River Project
West Line (OpCo B)2	US-AZ	Solar	100	26%	2022	2047	Agricultural Improvement
							& Power District
Luna (OpCo D)1,4	US-CA	Energy Storage	100	75%	2022	2037	Clean Power Alliance of
Southern California
Vientos Bonaerenses	Argentina	Wind	100	100%	2020	2024-2040	Various
Vientos Neuquinos	Argentina	Wind	100	100%	2020	2024-2040	Various
Laurel Mountain Repowering	US-WV	Wind	99	75%	2022	2037	AES Solutions
(OpCo D)2	Management, LLC
McFarland B2	US-AZ	Solar	60	75%	2023	2043	Amazon
Energy Storage	30
Estrella	US-CA	Solar	56	50%	2023	2038	Southern California Edison
Energy Storage	28
Platteview2	US-NE	Solar	81	75%	2023	2043	Omaha Public Power
District

1. AES owns these assets together with third-party tax equity investors with variable ownership interests. The tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the life of the projects. The proceeds from the issuance of tax equity are recorded as Noncontrolling interest or Redeemable stock of subsidiaries in the Company's Consolidated Balance Sheets, depending on the partnership rights of the specific project.

• 2. Owned by AES Clean Energy Development (ACED).
• 1. Owned by AES Renewable Holdings.
  2. Unconsolidated entity, accounted for as an equity affiliate.

Renewables

					Date of Acquisition or
Business	Location	Fuel	Gross MW	AES Equity Interest	Commencement of	Contract Expiration	Customer(s)
Commercial	Date
					Operations
Clover Creek (OpCo C)1	US-UT	Solar	80	50%	2021	2046	UMPA
Westwing 12	US-AZ	Energy Storage	80	75%	2023-2024	2043-2044	APS
AGV Solar	Brazil	Solar	76	36%	2019	2040	Various, CCEE
OpCo C3	US-Various	Solar	73	50%	2021-2022	2041-2042	Various
Boa Hora	Brazil	Solar	69	47%	2019	2038	CCEE
Mountain View Repowering	US-CA	Wind	67	75%	2022	2042	Southern California Edison
(OpCo D)2,4
San Fernando	Colombia	Solar	61	99%	2021	2036	Ecopetrol
Big Island Waikoloa (OpCo E)3,4	US-HI	Solar	30	100%	2022-2023	2047	HECO
Energy Storage	30
Penonomé I	Panama	Wind	55	49%	2020	2030	ENSA, Edemet, Edechi
Chiriqui - Los Valles	Panama	Hydro	54	49%	1999	2030	ENSA, Edemet, Edechi,
Other
Bayasol	Dominican Republic	Solar	50	65%	2021	2036	Ede Sur
Agua Clara	Dominican Republic	Wind	50	65%	2022	2039	Ede Norte
Santanasol	Dominican Republic	Solar	50	65%	2022	2038	Ede Sur
Mountain View IV (OpCo E)4	US-CA	Wind	49	100%	2012	2032	Southern California Edison
Chiriqui - La Estrella	Panama	Hydro	48	49%	1999	2030	ENSA, Edemet, Edechi,
Other
AM Solar	Jordan	Solar	48	36%	2019	2039	National Electric Power
Company
Ullum	Argentina	Hydro	45	100%	1996		Various

1. Owned by AES Clean Energy Development (ACED).
2. Unconsolidated entity, accounted for as an equity affiliate.
3. AES owns these assets together with third-party tax equity investors with variable ownership interests. The tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the

9	life of the projects. The proceeds from the issuance of tax equity are recorded as Noncontrolling interest or Redeemable stock of subsidiaries in the Company's Consolidated Balance Sheets, depending on the partnership rights of
	the specific project.

4. Owned by AES Renewable Holdings.

Renewables

					Date of Acquisition or
Business	Location	Fuel	Gross MW	AES Equity Interest	Commencement of	Contract Expiration	Customer(s)
Commercial	Date
					Operations
Lāwa'i1,2	US-HI	Solar	20	100%	2018	2043	Kaua'i Island Utility
Energy Storage	20	Cooperative
OpCo D1,2	US-Various	Solar	38	75%	2022-2023	2042-2043	Various
Energy Storage	2
Kuihelni3	US-HI	Solar	15	100%	2023	2048	HECO
Energy Storage	15
Kekaha1,2	US-HI	Solar	14	100%	2019	2045	Kaua'i Island Utility
Energy Storage	14	Cooperative
Brisas	Colombia	Solar	27	99%	2022	2037	Ecopetrol
West Oahu Solar1	US-HI	Solar	13	100%	2023	2048	HECO
Energy Storage	13
Na Pua Makani (OpCo E)3	US-HI	Wind	24	100%	2020	2040	HECO
Ilumina	US-PR	Solar	24	100%	2012	2037	LUMA Energy
Castilla	Colombia	Solar	21	99%	2019	2034	Ecopetrol
Tunjita	Colombia	Hydro	20	99%	2016	2024-2039	Various
Laurel Mountain ES	US-WV	Energy Storage	16	100%	2011
Community Energy3	US-Various	Solar	14	75%	2022	2024-2043	Various
Southland Energy - AES Gilbert							Salt River Project
US-AZ	Energy Storage	10	50%	2019	2039	Agricultural Improvement
(Salt River)2,4
						& Power District
El Tunal	Argentina	Hydro	10	100%	1995		Various
Andres ES	Dominican Republic	Energy Storage	10	65%	2017

1. Owned by AES Renewable Holdings.
2. AES owns these assets together with third-party tax equity investors with variable ownership interests. The tax equity investors receive a portion of the economic attributes of the facilities, including tax attributes, that vary over the life of the projects. The proceeds from the issuance of tax equity are recorded as Noncontrolling interest or Redeemable stock of subsidiaries in the Company's Consolidated Balance Sheets, depending on the partnership rights of

10	the specific project.

1. Owned by AES Clean Energy Development (ACED).
2. Facility experienced a fire event in April 2022 which rendered the asset currently inoperable. The full extent of the damage and impact of the event is currently being evaluated.