AES is a global power company generating and distributing electricity through four SBUs: US and Utilities, South America, MCAC, and Eurasia. It runs a diverse portfolio of generation assets including thermal, renewable, and energy storage, serving residential, commercial, and industrial customers through long-term power purchase agreements and competitive markets. Its business model provides steady revenue from contracts while also selling electricity in market-based transactions, leveraging a broad geographic footprint and a mix of asset types. The company's goal is to reach net-zero carbon emissions from its electricity generation by 2040, supported by investments in renewables, storage technology, and efficiency improvements.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Arlington, Virginia
Founded
1981
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