Organization: Aes Panama
LEI 549300FHNTXK4WDDXS04

AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy. AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company. Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Esti (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW). The main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribucion Electrica Metro-Oeste, S.A., and Empresa de Distribucion Electrica Chiriqui, S.A., which represent the 95% of the companys energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.