Message from the President of AES Bulgaria

Sustainability is core to both our strategy and our culture

Portrait of a middle-aged man with short brown hair, wearing glasses, a dark suit, blue shirt, and patterned tie, against a dark gradient background.

Olivier Marquette

President of AES Bulgaria

 

Accelerating the future of energy, together. We are working All Together with the Highest Standards of operational excellence, putting Safety First to provide safe and reliable energy to Bulgarian customers. In Bulgaria, we deliver solutions and operate our projects at the highest level of environmental standards and in full compliance will all local and European regulations. We adhere to the most stringent international governance standards and provide professional development opportunities to our people, with a special emphasis on diversity and inclusion.

We are the largest foreign investor in Bulgaria’s energy sector, and it’s a great honor and responsibility we take seriously. For the last 10 years, our facilities have played a vital role in securing the energy stability of the country and guaranteeing its energy independence.

We continue fulfilling our mission and working diligently to provide world-class services to all our customers, and we are continually energized by the positive impact our business has in the communities we serve.

Our robust Corporate Social Responsibility programs focusing in education, healthcare and infrastructure are significantly enhancing the access of local people to modern, world-class facilities and boosting their development. The kids and students, the energy of the future, are fundamental to our efforts, and the educational programs we are developing for them, together with the local authorities, are producing impressive results. We hope that with the support of AES, local communities will grow the future world-famous scientists, professionals and artists that will continue spreading the talents of Bulgarian people across the globe.

Together, we are shaping the future!

Rows of solar panels and large energy storage containers are shown in the foreground, with wind turbines spinning in the background under a partly cloudy sky, representing renewable energy generation and storage.

For the planet

Accelerating clean growth and innovation

Growth in renewables and energy storage is core to AES’ strategy.

Three wind turbines stand in a field under a dramatic orange and purple sunset sky, illustrating renewable energy in a natural landscape.
Two engineers wearing safety vests and helmets stand in front of wind turbines at sunset. One engineer holds a laptop while the other points towards the turbines, highlighting renewable energy production in a scenic landscape.

For our people

Bringing our people together for greater impact

Our people are passionate about meeting the world’s current and future energy needs.

Students sit at desks in a classroom, writing in notebooks while a teacher stands at the whiteboard giving a lesson. An English textbook is visible on a desk in the foreground. The classroom is well-lit with natural light from large windows.

For our communities

Partnering with communities for the future of energy

We commit to strengthening positive impact through socioeconomic and environmental partnerships that improve lives today and in the future.

Children and teachers participate in a group activity in a brightly decorated classroom with wooden floors and colorful wall decorations. The children are standing, playing, and interacting in small groups while teachers supervise and guide them.

Our ambitions

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REDUCING OUR CARBON INTENSITY

2030
Portfolio generation carbon intensity aligned with a "well below 2°C" scenario.

Based on the growth of renewable energy and the viability of multiple possible asset scenarios. Sectoral Decarbonization Approach (SDA) target for power generation of 0.16 tCO2e/MWh, using the 2016 baseline and the portfolios modeled for 2030 as a reference.

(Achieved through asset sales, fuel conversion, and retirement of operations, while maintaining reliability and affordability, and subject to necessary approvals)

2040
Net-zero carbon emissions from electricity sales.

Actions assume new policies that facilitate transition to low emissions energy systems, such as a price on carbon. Includes scope 1 and 2 emissions.

2050
Net-zero carbon emissions from entire business portfolio.

Actions assume new policies that facilitate transition to low emissions energy systems, such as a price on carbon. Includes scope 1, 2 and 3 emissions.