AES Panamá Recognized as Market Champion in Sustainability at the Latinex Investors Forum 2025

September 15, 2025

Miguel Bolinaga, President of AES Panamá, participated in the Latinex Investors Forum of the Panama Stock Exchange, held in the context of its 35th anniversary celebration. During his remarks, he highlighted the multinational company’s role in diversifying the country’s energy matrix and transforming the electricity sector, consolidating AES Panamá as a key driver of the nation’s sustainable development.

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During the forum, Bolinaga recalled the historic transaction carried out in 2020 amid the pandemic, when AES issued a 10-year bond for USD 1.5 billion—the largest transaction of its kind in Central America, a record that remains unsurpassed. He also noted that the company has invested more than USD 90 million in social projects. At the same event, AES Panamá was recognized as a Market Champion in Sustainability, in the category Company with Best Practices in Environmental Stewardship and Climate Action, a distinction that reaffirms its commitment to Panama’s economic and community progress.

National Banking: A Strategic Partner for Business Development

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During his address, Bolinaga emphasized AES Panamá’s close relationship with Panama’s banking sector, which has played a key role in financing processes that have supported the company’s growth. Thanks to this support, AES Panamá has successfully diversified its energy portfolio, evolving from a company primarily focused on hydropower to a more robust energy mix that includes solar, wind, and natural gas.

“Local banks have supported us, and I am truly grateful for that trust. With their confidence, we were able to move forward without obstacles,” Bolinaga said.

He also underscored that the relationship with Latinex has been instrumental in strengthening AES Panamá’s presence in capital markets, fostering new investment opportunities that contribute to the country’s economic and social development.

Accelerating the Future of Energy in Panama

Since 1999, AES Panamá has invested more than USD 3.488 billion in infrastructure and innovative projects that support the transition toward clean and sustainable energy. Today, the company has more than 1,216 megawatts of installed capacity, representing nearly 30% of national power generation.

“Our goal is clear: to accelerate the future of energy in Panama by working hand in hand with the State, the private sector, and the banking industry. Only then will we be able to meet growing energy demand and ensure a competitive, clean, and secure energy supply,” Bolinaga stated.

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Commitment to Sustainability and Communities

Beyond its impact on the energy market, AES Panamá drives a strong social and environmental sustainability agenda through Fundación AES Panamá. With more than USD 90 million invested in community projects, the company has promoted rural electrification, youth education and training, women’s empowerment, and environmental conservation initiatives, benefiting thousands of Panamanians.

These efforts reaffirm that the company’s growth goes hand in hand with community well-being and the protection of natural resources.