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AES

Market Cap $10.36 B As of May 2014

  • Industry: Electric Utilities
  • Founded: 1981
  • Country: United States
  • CEO: Andrés Gluski
  • Website: www.aes.com
  • Employees: 22.000
  • Sales: $16.12 B
  • Headquarters: Arlington, Virginia
Forbes Lists
#812 Global 2000
  • #587 in Sales
  • #1.920 in Profit
  • #590 in Assets
  • #1.033 in Market value
Profile

The AES Corp. is a global power company that owns a portfolio of electricity generation and distribution businesses. It operates through eight business segments: US-Generation; US-Utilities, Andes-Generation, Brazil-Generation, Brazil-Utilities, MCAC-Generation, EMEA-Generation and Asia-Generation. The company operates through two businesses: Generation and Utilities. The Generation business owns and operates power plants to generate and sell power under medium or long-term contracts which spans around minimum of 2 to 25 years or under short-term sale agreements which spans less than 2 years. The Utilities business sells to end-user customers in the residential, commercial, industrial and governmental sectors in a defined service area. The company’s business also includes energy storage line of business through thermal and wind generating facilities. The company was founded by Dennis W. Bakke and Roger W. Sant in 1981 and is headquartered in Arlington, VA.

*Information from Forbes.com

**Video published on YouTube by “The AES Corporation

Industry:

Electric Utilities