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Non-Tech : AES Corp. (AES)
AES 13.87-1.1%Oct 31 9:30 AM EST

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To: JakeStraw who wrote (17)5/29/2001 12:07:01 PM
From: JakeStraw   of 47
 
H-E-B Selects AES NewEnergy as Retail Electricity Provider for Texas Electric Choice Pilot Program
biz.yahoo.com
HOUSTON--(BUSINESS WIRE)--May 29, 2001--H-E-B, one of Texas' leading retail companies, has become one of the first major Texas customers to leave electric utility service in the state's Electric Choice Pilot Program by signing a contract with AES NewEnergy, America's leading retail electricity provider. AES NewEnergy will serve H-E-B stores throughout the Reliant, TXU and CP&L utility service areas.

``This is an exciting time for AES NewEnergy and Texas,'' declared Amy Gasca, vice president for AES NewEnergy. ``We are proud to have H-E-B has one of the market's first customers, and look forward to helping H-E-B and all Texas customers make a hassle-free transition to the competitive market and lower prices.

``The AES Corporation started operating its first power plant in Texas and has been providing safe and reliable power to Texans since 1983,'' continued Gasca. ``Retail competition in the electricity industry will now allow AES to serve the needs of more customers in Texas.''

H-E-B, one of the nation's largest independently owned food retailers, owns and operates more than 280 stores in Texas, Louisiana and Mexico. They have more than 50,000 total employees. The company serves approximately 6 million customers weekly. The company is privately held.

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.
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