More

    AES Corporation

    AES Corporation company profile (overview) and corporate video

       AES Corporation is a utility and power generation company, headquartered in Arlington, Virginia, United States. The company generates and sells electricity through its power plants.

    HISTORY


       AES was founded in 1981 when Roger Sant and Dennis Bakke formed Applied Energy Services (AES), an energy consulting company.

       In 1988, AES became the first and largest Independent Power Producer (IPP) in the United States with three cogeneration plants in operation.

       In 1991, AES was listed on the New York Stock Exchange (NYSE).

       In 2002, the company made its first investments in wind and solar.

       In 2005, AES acquired SeaWest, one of the largest wind companies in the United States.

       In 2011, the company acquired DP&L (Dayton Power & Light).

       In 2015, AES acquired Mainstreet Power to add distributed solar resources to its portfolio.

       In 2017, AES acquired sPower, one of the largest independent solar developers in the United States.

       In 2018, AES partnered with Siemens and launched Fluence, one of the world’s leading energy storage platforms.

    - Advertisement -

       In 2019, AES announced the merger of Simple Energy with Tendril to form the digital energy management company, Uplight.

       In 2020, the company announced a partnership with 5B, a solar technology company.

       In November 2020, sPower merged with AES’ clean energy business in the US to form AES Clean Energy.


       With more than 10,000 employees, AES Corp. is considered one of the largest power companies in the world. According to Forbes, it is considered one of the Largest Public Companies in the World.

    *Information from Forbes.com, Wikipedia.org, and www.aes.com.

    **Video published on YouTube by “AES Corporation

    Advertisment

    Advertisment

    Related videos

    Advertisment

    Advertisment