AES Andes Vice President of Finance and Investor Relations Team Recognized by Major International Ranking

September 11, 2024

For the fourth consecutive year, AES Andes Vice President of Finance, Ricardo Roizen, and the Investor Relations team were recognized by Institutional Investor Research as one of the top three CFOs and Investor Relations teams in Latin America.

The annual survey, conducted between February and March 2024, polled over 1,100 investors, portfolio managers, and analysts from 505 companies, who evaluated 322 companies and more than 1,000 professionals across 16 economic sectors.

Ricardo Roizen, who was highlighted as one of the best CFOs on the continent, valued this new recognition by stating, “This is good news for the company, demonstrating our smooth communication and relationship with investors, analysts, clients, and the financial sector in general. It also acknowledges that our progress in the energy transition is based on financial solidity and responsible resource management.”

Roizen expressed his satisfaction with the achievements of the company’s Investor Relations team, saying, “These distinctions make us proud and motivate us to continue working together to accelerate the future of energy.”

The executive holds a degree in Business Administration from the Catholic University with postgraduate studies at the University of Chile and Tulane University. In his role at AES Andes, he has led the company’s financial activities to facilitate strategic plans that have enabled the transition to renewable energy sources.

About AES Andes

AES Andes generates and sells energy in Chile, Colombia, and Argentina. The company operates 5,316 MW in South America along with a broad portfolio of renewable energy projects in development. The company is one of the leading power generators in the region, with a diversified portfolio that includes hydroelectric, wind, solar, energy storage, natural gas, and coal plants.

In Chile, AES Andes and its subsidiaries own and operate 3,544 MW, consisting of 1,645 MW of thermal power, 771 MW of hydroelectric power, 431 MW of wind power, 456 MW of solar photovoltaic power, and 241 MW of battery energy storage systems, in addition to seawater desalination plants and transmission lines.

Since the launch of the transformational Greentegra strategy in 2018, AES Andes has taken substantial steps to reduce the emission intensity of its portfolio, with investments exceeding US$1.8 billion that have enabled the incorporation of 1,163 MW of wind and solar capacity, making it the leader in battery-based energy storage systems in Latin America.

In Chile, the company has 767 MW of renewable capacity under construction, in addition to a contracted project portfolio of over 1,400 MW in development, with a total investment of more than US$1.9 billion between 2024 and 2027.