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AES Announces Inauguration of AES Colón CCGT and Central America’s First LNG Terminal

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Business Wire
With the new facility, AES will utilize U.S. natural gas exports to drive economic development and facilitate the reshaping of Panama’s energy matrix ARLINGTON, Va.--(BUSINESS WIRE)-- The AES Corporation (NYSE: AES) today inaugurated AES Colón, a 381 MW combined cycle power plant and the first liquified natural gas (LNG) terminal in Central America. The plant and regasification terminal are expected to begin commercial operations on September 1, 2018 and the LNG tank, which will be the largest in the Caribbean, is expected to begin operations on schedule in the second half of 2019. The combined facility, which represents a $1.15 billion investment, satisfies a growing need for natural gas in Central America and the Caribbean and will provide an alternative to oil-fired power generation. AES Colón will expand the use of LNG exports from the United States, to drive economic development and shape a cle Show less Read more
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