AES Nejapa Gas, an indirect, wholly owned subsidiary of AES, will own and operate the gas gathering system at the Nejapa landfill site. The company also will install and operate energy generation equipment to provide up to 25MW of renewable energy from the capture and combustion of methane, a potent greenhouse gas with a global warming potential 21 times greater than CO2.
Bill Lyons, president of AES Climate Solutions, said: The purchase of the Nejapa landfill project further demonstrates AES’s global commitment to reducing greenhouse gases. This transaction, one of the first acquisitions involving a clean development mechanism project since the start of the Kyoto process, will help reduce emissions while providing power to the growing El Salvador market.
