The AES Corporation
Ticker(s):
AES
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Business Overview
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,109 megawatts and distributes power to 2.7 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
Contact & Other Information
Number of Employees:
9,100
Website:
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The AES Corporation entered into an underwriting agreement to offer and sell $800,000,000 aggregate principal amount of its 5.800% Senior Notes due 2032, using the proceeds to fund a tender offer for its 3.300% Senior Notes due 2025 and for general corporate purposes.