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Country
US
Industry
Utilities
Market Cap
Nano Cap
Num. Employees
9100
IPO Date
Jun 26, 1991
Country
US
Industry
Utilities
The AES Corp. engages in the provision of power generation and utility services through its renewable and thermal generation facilities and distribution businesses. The company is headquartered in Arlington, Virginia and currently employs 9,100 full-time employees. The firm owns and/or operates a generation portfolio of approximately 32,326 megawatts (MW), including generation from its integrated utility, AES Indiana. Its generation fleet is diversified by fuel type. The firm is organized into four market-oriented strategic business units (SBUs): US and Utilities (United States, Puerto Rico and El Salvador); South America (Chile, Colombia, Argentina and Brazil); MCAC (Mexico, Central America and the Caribbean); and Eurasia (Europe and Asia). The company has two lines of business: generation and utilities. The generation line of business uses a range of fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass. Its utilities business comprises businesses that transmit, distribute, and in certain circumstances, generate power. In addition, the Company has operations in the renewables area, which includes projects primarily in wind, solar, and energy storage.
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