Exhibit 23.2
[GRAPHIC OMITTED]
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Xxxxxx Xxxxxx
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PHB Xxxxxx Xxxxxx, Inc. Xxxx X. Xxxxxx
1776 Eye Street, NW Senior Vice President
Washington, DC 00000-0000
Tel 000-000-0000
Fax 000-000-0000
E-mail xxxxxxx@xxxxxxxxxxxx.xxx
October 28, 1999
XXX Ironwood, L.L.C.
000 Xxxxxxxxxx Xxxxxx
Xxxxxxx, XX 00000
Xxxxxx Brothers Inc.
0 Xxxxx Xxxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Xxxxxx Xxxxxxx & Co. Incorporated
0000 Xxxxxxxx
Xxx Xxxx, XX 00000
Dresdner Kleinwort Xxxxxx
North America LLC
00 Xxxx Xxxxxx
Xxx Xxxx, XX 00000
Re: AES Ironwood Project
Dear Sirs:
PHB Xxxxxx Xxxxxx, Inc. hereby submits our Report on Projected
Competitiveness of the AES Ironwood Project in the PJM Market, dated June 1,
1999 (the "Report"). We hereby consent to the inclusion of the Report as an
appendix to the Prospectus included in a Registration Statement on Form S-4
which will be filed with the Securities and Exchange Commission by AES Ironwood,
L.L.C. (the "Company") in connection with the exchange of the Company's
outstanding 8.857% Senior Secured Bonds due 2025 for the Company's 8.857%
Exchange Senior Secured Bonds due 2025 and to the reference to us as experts
under the heading "Experts" in the Prospectus, as long as the material included
(and any summaries or discussions of the material) includes the points noted in
the Foreward of the Report.
Very truly yours,
/s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx
Senior Vice President
Professional Services Worldwide
