Description

The AES Corporation operates as a multifaceted energy enterprise, engaged in both electricity generation and utility services. It owns and manages power plants to produce and sell power to various clients, including other utilities, industrial consumers, and intermediaries. Furthermore, AES functions as a utility provider itself, acquiring or generating electricity, then distributing, transmitting, and retailing it directly to end-users across residential, commercial, industrial, and governmental sectors. The company also supplies power to the wholesale market. Its approach to electricity generation is diverse, employing a wide spectrum of fuels and advanced technologies. These include traditional sources like coal and natural gas, alongside a growing portfolio of renewables such as hydropower, wind, solar, biomass, and even landfill gas. The company also incorporates energy storage solutions into its operations. With a substantial generation portfolio totaling approximately 31,459 megawatts, AES maintains a significant international presence. Its operations extend across the United States, Puerto Rico, various nations in Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, and Mexico), the broader Caribbean region, Europe, and Asia. Established in 1981, the company was initially known as Applied Energy Services, Inc., before rebranding to The AES Corporation in April 2000. Its corporate headquarters are situated in Arlington, Virginia.