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Non-Tech : AES Corp. (AES)

AES 13.61

-1.9%

Nov 3 3:59 PM EST

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To: JakeStraw who wrote (9)	4/24/2001 9:35:37 AM
From: JakeStraw	Read Replies (1) of 47

Verizon Chooses AES NewEnergy for Third Time biz.yahoo.com NEW YORK--(BUSINESS WIRE)--April 24, 2001--AES NewEnergy has been awarded an extended contract to supply retail electricity service to Verizon. Under this contract, AES NewEnergy will provide service to more than 200 accounts representing more than 75 MW of peak electrical load. Verizon has been served by AES NewEnergy since Con Edison's Retail Choice Program began three years ago and has elected to remain with AES NewEnergy as their retail electricity provider. Brian Hayduk, vice president of AES NewEnergy, said, ``I think that our industry experience, innovative approach to energy markets and superior customer service were significant factors in driving Verizon back to AES NewEnergy. I believe these are the reasons many of our customers choose to remain with us for electricity service and are what separates us from our competition. We are extremely pleased to renew this contract with Verizon.'' AES NewEnergy is America's leading retail electricity provider, serving commercial and industrial customers in competitive markets throughout the country. The company offers businesses energy-related products and services. AES NewEnergy is a subsidiary of The AES Corp. (NYSE:AES - news), a leading global power company composed of competitive generation, distribution and retail businesses around the world. More information on AES NewEnergy's products and services can be found at newenergy.com. -------------------------------------------------------------------------------- Contact: AES NewEnergy, New York Stephen Kass, 212/883-5880 skass@newenergy.com

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