AES Makes Cleaner Fuel Available to All of Central America With Commercial Operation of AES Colón
The AES Corporation (AES)
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Source: Business Wire
New LNG hub provides a new market for US LNG exports with a more cost-effective and sustainable alternative to oil for the region ARLINGTON, Va.--(BUSINESS WIRE)--The AES Corporation (NYSE: AES) today announced the start of operations of the first liquefied natural gas (LNG) hub in Panama and Central America, located at the AES Colón plant. AES Colón consists of the 180,000 m3 LNG tank and a 381 MW combined cycle power plant, which reached commercial operations in 2018 and had been previously operating with gas from temporary sources.The commercial operation of the LNG storage facility will allow for the use of LNG throughout the region and establish Panama as the natural gas hub for the Central American region. The use of LNG helps both reduce CO2 (carbon dioxide) emissions and increase renewable energy penetration. Furthermore, LNG conversion lowers electricity costs and provides greater price stability to support economic growth.“The inauguration of the AES Colón storage facilit
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AES
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- 5/2/24 - Beat
AES
Sec Filings
- 5/2/24 - Form 8-K
- 5/2/24 - Form 10-Q
- 4/29/24 - Form 4
- AES's page on the SEC website