The final hearing is scheduled to begin in June 2009, on the arbitration initiated by AES Corp.’s subsidiary, AES Energia Cartagena SRL (AESEC), against Initec Energia SA, Mitsubishi Corporation, and MC Power Project Management, SL (Contractor).
In July 2007, AESEC received…
An application made in early 2002 by Grid Corporation to the Orissa Electricity Regulatory Commission requesting that the OERC initiate proceedings on the terms of the Orissa Power Generation Company Pvt. Ltd.’s existing power purchase agreement with Gridco is still…
AES Corp., in its Form 10-Q dated Aug. 7, 2008, disclosed that Shulbinsk HPP’s former officials will assert claims in a criminal case filed by the financial police of Kazakhstan.
Shulbinsk HPP is an AES concession.
In March 2008, the financial police…
The Superintendence of Electricity of the Dominican Republic’s appeal against the court’s decision of AES Corp.’s action is still pending.
In January 2004, the Company received notice of a “Formulation of Charges” filed against it by the Superintendence of Electricity.
In the…
Indianapolis Power & Light Co.’s motion to dismiss the complaint filed by the International Brotherhood of Electrical Workers, Local Union No. 1395, and 16 individual retirees remains pending with the Indiana Utility Regulatory Commission.
AES Corp. is the parent company of…
Grid Corporation of Orissa, India (”Gridco”), in June 2008, filed an application with the local Indian court for an order enjoining AES Corp. from selling or otherwise transferring its shares in Orissa Power Generation Corporation Ltd’s (”OPGC”).
The application also seeks…
AES Corp.’s subsidiary, AES Placerita Inc., continues to defend against the claims asserted by the Federal Energy Regulatory Commission over refund liabilities.
In August 2000, the FERC announced an investigation into the organized California wholesale power markets in order to determine…
AES Corp.’s affiliate, Empresa Generadora de Electricidad Itabo S.A. (”Itabo”), continues to defend lawsuits filed in July 2004 by the Corporacion Dominicana de Empresas Electricas Estatales (”CDEEE”) in the First and Fifth Chambers of the Civil and Commercial Court of…
Southern Electric Brasil Participacoes, Ltda. (”SEB”) continues to pursue a restoration of the value of its investment in Companhia Energetica de Minas Gerais (”CEMIG”) by all legal means.
In September 1999, a state appellate court in Minas Gerais, Brazil, granted temporary…
The office of the Federal Public Prosecutor for the State of Sao Paulo, Brazil (”MPF”)’s lawsuit before the federal court remains stayed pending the interlocutory appeals filed by AES Corp.’s subsidiaries, AES Elpa and AES Transgas.
In March 2003, the…