NYC 9/11 Public Portal Document
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I Fewer and Bigger Power Owners
i Dominate the Global Marketplace
Firms build and buy their way into strategic positions
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Th^ new elite in today’s power maiiiet include AES DEVELOPS, ACQUIRES, BUILDS, OWNS more heavily on North America than in
owner-developers with the most capacity and operates independent power projects the recent past It has strengthened its
! owned. The following Top 10 owners are worldwide. It began as a specialist in coal- position in the Midwest by purchasing
ranked in size by total megawatts (Mw) of fired plants in the 1980s but as coal ran IPALCO in Indiana and has several mer-
plants developed and/or acquired globally. into increasing environmental objections, chant plants set to come on line in the
the company began developing and next two years in the Northeast and
1. AES CORP. acquiring gas projects. At midyear, AES’ Texas. Despite a setback, in Nevada, where
Net equity ownership: 41,727 Mw operating capacity was 43% coal, 26% a plant acquisition was canceled by state
Location: 1001N lOth St. gas, 27% hydro and 4% oil. order, AES continues to expand in the
Arlington, Va. 22200 AES’s goal is to add 15 to 20 new proj- West. In July 2001, the company boosted
Phono: 703-522-1315 ects annually. In 2000, it added 39. In the its position in the state by acquiring the
Fax: 703-528-4510 U.S. and Canada, AES currently has 15 energy assets of Thermo Ecotek Corp.,
Website: wwwMesc.com operating plants totaling 6,583 Mw and Walham, Mass. Included in the deal are a
Chairman; Roger Scant seven plants under construction totaling 1,056-Mw expansion of the former San
Presldent/6E0: Dennis Bakke 3,926 Mw. Today the company is focusing Bernardino, Calif, generating station now
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S6»POWERPLANT CONSTRUCTION
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