Company
The AES Corporation
Headquarters: Arlington, VA, United States
Founded: January 28, 1981
Employees: 8,450
CEO: Mr. Andres Ricardo Gluski Weilert
Market Cap
$12.59 Billion
USD as of July 1, 2024
The AES Corporation Categories
United States Utilities Utilities—DiversifiedUnited States Utilities United States Utilities—Diversified
Top Competitors by Market Capitalization
Industry: Utilities—Diversified
| Company | Market Cap (USD) |
|---|---|
| Iberdrola, SA | $79.29 B |
| Enel SpA | $73.16 B |
| National Grid plc | $56.16 B |
| EDF | $54.60 B |
| Sempra Energy | $47.57 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $147.58 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $84.98 B |
| Iberdrola, SA | $79.29 B |
| Duke Energy Corporation | $77.61 B |
Detailed Description
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also 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 a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 31,459 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. 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.
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Stocks & Indices
The AES Corporation has the following listings and related stock indices.
Stock: NYSE: AES wb_incandescent
Stock: FSX: AES wb_incandescent
Stock: XETR: AES wb_incandescent
Product & Services
Electricity
Key People
Founder(s): Roger Sant Dennis Bakke
Jay Morse (Chairman) Andres Gluski (President, CEO)
Financials
Revenue: US$10.19 billion (2019)
Net income: US$303 million (2019)
Total assets: US$33.65 billion (2019)
Total equity: US$3.00 billion (2019)