AES Announces Commercial Operation of 86 MW Power Plant in Cameroon

The AES Corporation (NYSE: AES) today announced that its majority owned subsidiary, Kribi Power Development Company, has commissioned the 86 MW Dibamba power plant in Cameroon. The Dibamba facility will use heavy fuel oil and will sell power under a 20-year tolling agreement with AES SONEL, Cameroon’s integrated utility.

Andrew Vesey, AES Executive Vice President and President for Latin America and Africa said, “The Dibamba project underscores AES’ commitment to provide affordable and sustainable power to the Cameroonian people. A strong energy sector is essential to Cameroon’s continued economic development and we are pleased with the progress we’ve made with our local partners to improve power generation and distribution.”

AES entered Cameroon in 2001 through the privatization of SONEL, the largest power provider in Cameroon. With the addition of the 86 MW Dibamba facility, AES subsidiaries in Cameroon operate 1,017 MW of installed capacity, the majority of which is hydropower. The Dibamba thermal plant will help diversify the country’s fuel portfolio by providing an important source of peaking power.

In 2009, AES brought more than 890 MW on-line in Chile, China, France, Jordan and Northern Ireland using thermal and renewable energy sources. AES also has projects in construction in Bulgaria, Chile, China, France, Greece, Panama, Scotland, Turkey and the United States.

About AES

The AES Corporation (NYSE:AES) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable energy sources, we provide affordable and sustainable energy to 29 countries. Our workforce of 25,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2008 revenues were $16 billion and we own and manage $35 billion in total assets. BusinessWeek named AES into its 2009 “BW 50 Best Performers” list. To learn more, please visit www.aes.com.

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