AES Jordan Businesses Overview
AES Jordan PSC is a 400 megawatt (MW) dual fuel natural gas- and oil-fired power plant located east of Amman. The plant was the first Independent Power Producer (IPP) to start power generation operations in order to support the economic development of the country. AES Jordan generates approximately 8% of Jordan’s electricity and is one of the most reliable power plants in the country. AES’ portfolio in Jordan also includes a 241 MW Tri Fuel power plant, which entered in to commercial operation in July 2014. Together these projects provide 641 MW, contributing to the stabilization of the energy sector and enhancing the energy independence of the country.
AES Jordan PSC- Amman East Power Plant (IPP1)
The Amman East Power Plant (AEPP) is a 400 MW combined cycle power plant (CCGT) located east of Amman. The project was built and is owned and operated by AES Jordan PSC.
With an investment of 300 million US Dollars, the Amman East power plant represents one of the largest foreign investment in power sector of Jordan.
The project financing was supported by the US governmental institution Overseas Private Investment Corporation (OPIC) and the Japan Bank for International Cooperation (JBIC) and commercial bank Sumitomo Mitsui Banking Corporation, Mashreq Bank, Europe Arab Bank with world bank partial risk guarantee.
AEPP used most modern and state of art equipment and technology which meets all requirements for health, safety and environmental protection and also conforms to World Bank, Japan Bank for International Cooperation (JBIC) and Overseas Private Investment Corporation (OPIC) environmental standards.
AES Levant Holdings BV – Levant Power Plant (IPP4)
The AES Levant power plant is located east of Amman, on the same site of the existing Amman East power plant. The project was built and is owned and operated by AES Levant. The project is a tri-fuel engine technology, designed primarily for peaking operation, allowing a high range of flexibility in terms of fuel usage and dispatch.
The total project cost was 360 million US Dollars. The project financing was supported by the US governmental institution Overseas Private Investment Corporation (OPIC) and the European Bank for Reconstruction and Development (EBRD).