A sustainable future

Message from the President

We are committed to offering clean, sustainable and resilient energy solutions to our clients and communities.

Miguel Bolinaga

AES Panama Market Business Leader

At AES Panamá, we are committed to offering clean, sustainable and resilient energy solutions to our clients and communities. That's the reason why we have worked with our partners and stakeholders for the last 22 years to strengthen our portfolio of solutions, and achieve a strong and well diversified matrix.

It brings us great pride to be one of the first and main investors in the energy sector in Panama, where we have worked to anticipate the energy needs of future generations in the country and have invested more than USD $2,640 Million since 1998 to transform needs into solutions. We own and operate 1,141 MW of electricity generation facilities, 67% of renewable energy sources from hydroelectric power plants and wind farms. The other 33% comes from the first LNG fired power plant in the region, which makes the system more resilient and ensures a steady supply of energy.

We will continue working to offer safe, reliable and clean energy to Panama, while proactively partnering with all our stakeholders to improve people’s lives in a responsible and sustainable way.

AES, all our experience and energy for Panama!

For the planet

Accelerating clean growth and innovation

Growth in renewables and energy storage is core to AES’ strategy.

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For our people

Bringing our people together for greater impact

Our people are passionate about meeting the world’s current and future energy needs.

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For our communities

Partnering with communities for the future of energy

We commit to strengthening positive impact through socioeconomic and environmental partnerships that improve lives today and in the future.

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Our ambitions

REDUCING OUR CARBON INTENSITY

2030

Portfolio generation carbon intensity aligned with a "well below 2°C" scenario.

Based on the growth of renewable energy and the viability of multiple possible asset scenarios. Sectoral Decarbonization Approach (SDA) target for power generation of 0.16 tCO2e/MWh, using the 2016 baseline and the portfolios modeled for 2030 as a reference.

(Achieved through asset sales, fuel conversion, and retirement of operations, while maintaining reliability and affordability, and subject to necessary approvals)

2040

Net-zero carbon emissions from electricity sales.

Actions assume new policies that facilitate transition to low emissions energy systems, such as a price on carbon. Includes scope 1 and 2 emissions.

2050

Net-zero carbon emissions from entire business portfolio.

Actions assume new policies that facilitate transition to low emissions energy systems, such as a price on carbon. Includes scope 1, 2 and 3 emissions.