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AES entered the Latin American market in 1993 when we acquired the CTSN power plant in Argentina. In the span of a decade, we have become a leader throughout the region, powering growth in both urban and rural communities. We also have deep local roots throughout Latin America. AES Eletropaulo in Brazil - the largest electric utility in the region with over five million customers— has been serving its customers for over 100 years, and today is among the highest performing energy businesses in the region.
In Chile, we are the second largest generator of electric power. In El Salvador, AES provides electricity to 80% of the country's power market, including campesinos and remote villages that have never had reliable power before. In Argentina, AES is one of the largest private power generators in the country, producing approximately 12% of the country’s total power generation capacity. AES’s two distribution businesses in Argentina serve approximately 474,000 customers in the state of Buenos Aires. In the Dominican Republic, AES Andres is the newest and largest private power generator in the country. The facility is a 319 MW gas-fired plant and LNG regasification terminal. In Panama, we will be the largest producer of electricity in the country, once our new 223 MW hydroelectric power plant is up and running, expected in 2011.
Throughout the region, AES remains a vital force—seeking to meet new demands and fuel growth.
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A Global Presence
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- Latin America Generation 2008 revenues: approximately $4.5 billion
- Latin America Utilities 2008 revenues: approximately $6 billion
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