AES to purchase wind farm projects in California

May 8, 2006—The AES Corporation, one of the world’s largest global power companies, has announced it will purchase 54 MW of wind generation assets from Enron Wind Systems in Tehachapi, California, bringing the total wind generation megawatts AES operates to 654 MW.

The assets include two wind farm projects encompassing 667 turbines constructed in the mid-1980s in Tehachapi. AES currently operates 274 MW of wind farms in California, in addition to the wind generation facilities it operates in Colorado, Oregon, Texas, and Wyoming. This year, AES began commercial operation of its 120 MW Buffalo Gap wind farm in Abilene, Texas.

AES has invested approximately $265 million on wind generation since 2004.

On April 17, the company announced plans to triple its investment in wind generation over the next three years, as part of its planned $1 billion investment in its alternative energy businesses. The company currently is pursuing an additional 2,000 MW of wind projects in development, primarily in the US, but also in Europe, China, India, and Central and South America.

For more information, please visit the Web site of AES Corporation.