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Company: AES Alamitos, LLC and AES Redondo Beach, LLC
Current Parent Company:
AES Corp.
Parent at the Time of the Penalty Announcement:
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Penalty: $6,000,000
Year: 2023
Date: October 24, 2023
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: FERC's Office of Enforcement determined that from June 2018 to May 2020, the MW capacity indicated in Master File Pmax values for eight of the twelve Resources were not accurate and actually based on physical characteristics of the resources as required by CAISO Tariff section 4.6.4. The determination was based on the Resources' consistent failure to produce to their Master File Pmax during the Relevant Period and reinforced by other evidence suggesting that AES knew or should have known that some of the Resources would be incapable of reaching their Master File Pmax.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.