Economic Risk Factor Update: May 2024 [SlideShare]
AES Non Recourse 2003
1. The AES Corporation
Consolidated Non-Recourse Debt Maturities Schedule by Geography
June 30, 2003
Country/State 2003 2004 2005 2006 2007 Thereafter Total
ASIA
Altai Kazakhastan 0 4 0 0 0 0 4
Barka Oman (2) - 21 22 23 246 310
Chigen China 154 12 9 8 - 175 358
Ekibastuz Kazakhastan 6 - - - - - 6
Kelanitissa Sri Lanka 4 7 4 4 4 46 69
Lal Pir Pakistan 12 24 24 25 16 6 107
Maikuben Kazakhastan 5 1 2 3 4 5 20
Other Other 13 - - - - - 13
Pak Gen Pakistan 12 25 25 25 14 5 106
Ras Laffan Qatar - 14 29 30 32 330 435
Total Asia 204 87 114 117 93 813 1,428
CARIBBEAN
Andres Dominican Republic - 21 - 62 5 19 107
CAESS El Salvador 6 12 15 18 22 129 202
CLESA El Salvador 3 5 6 8 9 35 66
EDC Venezuela 199 66 245 139 13 72 734
EdeEste Dominican Republic 9 - - - - - 9
Los Mina Dominican Republic - 21 1 1 1 1 25
Merida Mexico - 12 12 12 13 102 151
Panama Panama 1 25 59 103 45 - 233
Puerto Rico Puerto Rico 10 21 24 27 28 821 931
Total Caribbean 228 183 362 370 136 1,179 2,458
EUROPE/ AFRICA
Barry UK 157 - - - - - 157
Indian Queens UK - 3 4 6 6 53 72
Kilroot UK - 12 2 69 73 212 368
SONEL Cameroon - 4 5 5 5 160 179
Tisza II Hungary - - - - - 43 43
Total North America 157 19 11 80 84 468 819
NORTH AMERICA
Beaver Valley Pennsylvania 7 4 1 - - 2 14
Granite Ridge New Hampshire 4 7 8 9 11 248 287
Hawaii Hawaii 15 33 35 47 59 - 189
IPALCO Indiana - 94 - 59 80 1,153 1,386
Ironwood Pennsylvania 2 7 7 7 9 274 306
Eastern Energy New York 2 152 2 2 2 11 171
Red Oak New Jersey 5 6 5 7 6 352 381
Shady Point Oklahoma 21 46 28 30 32 23 180
Southland California 13 31 37 38 41 507 667
Warrior Run Maryland 7 17 20 22 24 280 370
Wolf Hollow Texas 285 - - - - - 285
Total North America 361 397 143 221 264 2,850 4,236
SOUTH AMERICA
Communications Bolivia Bolivia 10 4 3 3 1 - 21
Edelap Argentina 102 - - - - - 102
Eden/ Edes Argentina 188 11 - - - - 199
Eletropaulo Brazil 2,318 61 22 20 12 54 2,487
Gener Chile 58 80 556 545 61 52 1,352
Parana Argentina - - - - 2 51 53
Sul Brazil 5 196 - 120 - 9 330
Tiete Brazil 85 30 52 57 64 568 856
Uruguaiana Brazil 1 3 - - - - 4
Total South America 2,767 385 633 745 140 734 5,404
TOTAL NON-RECOURSE DEBT BEFORE SALES OR DISCONTINUED OPERATIONS 3,717 1,071 1,263 1,533 717 6,044 14,345
DEBT CLASSIFIED AS HELD FOR SALE OR DISCONTINUED OPERATIONS
Drax UK 131 88 79 87 93 1,987 2,465
Haripur Bangladesh 2 5 5 5 5 35 57
Meghnaghat Bangladesh 3 6 7 7 8 189 220
Telasi Republic of Georgia - 6 6 6 6 26 50
Total Debt Classified as held for Sale or Discontinued Operations 136 105 97 105 112 2,237 2,792
TOTAL NON-RECOURSE DEBT 3,853 1,176 1,360 1,638 829 8,281 17,137
Notes
(1) The above table is unaudited and serves for reference purposes only. The table provides consolidated final debt maturities by project within related project chains at various
legal entities both at the project and holding company levels. Any of these could become due early upon event of default. The table is based solely on debt for each project and
excludes cross defaults provisions, if any. For further details on the non-recourse debt please refer to AES Corp’s filings with the SEC and press releases made from time to time.
(2) Eastern Energy debt includes$150 of New York Sells debt which was subsequently repaid in July 2003.
2. The AES Corporation
Consolidated Non-Recourse Debt Maturities Schedule by Line of Business
June 30, 2003
Country/State 2003 2004 2005 2006 2007 Thereafter Total
CONTRACT GENERATION
Andres Dominican Republic - 21 - 62 5 19 107
Barka Oman (2) - 21 22 23 246 310
Beaver Valley Pennsylvania - USA 7 4 1 - - 2 14
Chigen China 154 12 9 8 - 175 358
Gener Chile 58 80 556 545 61 52 1,352
Hawaii Hawaii - USA 15 33 35 47 59 - 189
Ironwood Pennsylvania - USA 2 7 7 7 9 274 306
Kelanitissa Sri Lanka 4 7 4 4 4 46 69
Kilroot UK - 12 2 69 73 212 368
Lal Pir Pakistan 12 24 24 25 16 6 107
Los Mina Dominican Republic - 21 1 1 1 1 25
Merida Mexico - 12 12 12 13 102 151
Pak Gen Pakistan 12 25 25 25 14 5 106
Puerto Rico Puerto Rico 10 21 24 27 28 821 931
Ras Laffan Qatar - 14 29 30 32 330 435
Red Oak New Jersey - USA 5 6 5 7 6 352 381
Shady Point Oklahoma - USA 21 46 28 30 32 23 180
Southland California - USA 13 31 37 38 41 507 667
Tiete Brazil 85 30 52 57 64 568 856
Tisza II Hungary - - - - - 43 43
Uruguaiana Brazil 1 3 - - - - 4
Warrior Run Maryland - USA 7 17 20 22 24 280 370
Total Contract Generation 404 426 892 1,038 505 4,064 7,329
COMPETITIVE SUPPLY
Barry UK 157 - - - - - 157
Communications Bolivia Bolivia 10 4 3 3 1 - 21
Eastern Energy New York - USA 2 152 2 2 2 11 171
Ekibastuz Kazakhastan 6 - - - - - 6
Granite Ridge New Hampshire - USA 4 7 8 9 11 248 287
Indian Queens UK - 3 4 6 6 53 72
Maikuben Kazakhastan 5 1 2 3 4 5 20
Panama Panama 1 25 59 103 45 - 233
Parana Argentina - - - - 2 51 53
Wolf Hollow Texas - USA 285 - - - - - 285
Other Other 13 - - - - - 13
Total Competitive Supply 483 192 78 126 71 368 1,318
LARGE UTILITIES
EDC Venezuela 199 66 245 139 13 72 734
Eletropaulo Brazil 2,318 61 22 20 12 54 2,487
IPALCO Indiana - USA - 94 - 59 80 1,153 1,386
Total Large Utilities 2,517 221 267 218 105 1,279 4,607
GROWTH DISTRIBUTION
Altai Kazakhastan - 4 - - - - 4
CAESS El Salvador 6 12 15 18 22 129 202
CLESA El Salvador 3 5 6 8 9 35 66
EdeEste Dominican Republic 9 - - - - - 9
Edelap Argentina 102 - - - - - 102
Eden/ Edes Argentina 188 11 - - - - 199
SONEL Cameroon - 4 5 5 5 160 179
Sul Brazil 5 196 - 120 - 9 330
Total Growth Distribution 313 232 26 151 36 333 1,091
TOTAL NON-RECOURSE DEBT BEFORE SALES OR DISCONTINUED OPERATIONS 3,717 1,071 1,263 1,533 717 6,044 14,345
DEBT CLASSIFIED AS HELD FOR SALE OR DISCONTINUED OPERATIONS
Drax UK 131 88 79 87 93 1,987 2,465
Haripur Bangladesh 2 5 5 5 5 35 57
Meghnaghat Bangladesh 3 6 7 7 8 189 220
Telasi Republic of Georgia - 6 6 6 6 26 50
Total Debt Classified as Held for Sale or Discontinued Operations 136 105 97 105 112 2,237 2,792
TOTAL NON-RECOURSE DEBT 3,853 1,176 1,360 1,638 829 8,281 17,137
Notes
(1) The above table is unaudited and serves for reference purposes only. The table provides consolidated final debt maturities by project within related project chains at various
legal entities both at the project and holding company levels. Any of these could become due early upon event of default. The table is based solely on debt for each project and
excludes cross defaults provisions, if any. For further details on the non-recourse debt please refer to AES Corp’s filings with the SEC and press releases made from time to time.
(2) Eastern Energy debt includes$150 of New York Sells debt which was subsequently repaid in July 2003.