AES (NYSE:AES) Corporation is a global power company engaged in the generation and distribution of electricity. Founded in 1981 as Applied Energy Services by Roger Sant and Dennis Bakke, AES has grown from its origins in Virginia into an industry leader with a diverse portfolio of energy assets. Headquartered in Arlington, Virginia, the company operates through two primary segments: AES Generación, which focuses on power generation, and AES Andes, which concentrates on regulated electric distribution and transmission services.
Within its generation segment, AES owns and operates a mix of thermal, hydroelectric, and renewable energy facilities. The company has made significant investments in wind and solar projects, as well as battery energy storage systems designed to enhance grid reliability and integrate intermittent renewable sources. AES also provides energy solutions and services to commercial and industrial customers, offering tailored power purchase agreements, on-site generation, and energy management technologies.
AES has established a broad geographical footprint, serving markets across North America, Latin America, Europe and Asia. In the United States, AES operates gas-fired and renewable power plants, while in Latin America it is a major provider of hydroelectric generation and emerging solar assets. The company’s international operations also include transmission networks in Chile and distribution businesses in Colombia, reflecting a strategy to balance regulated and competitive markets.
Leadership at AES is guided by President and Chief Executive Officer Andrés Gluski, who has steered the company toward ambitious sustainability goals and a transition to lower-carbon energy sources. Under his direction, AES has committed to net-zero greenhouse gas emissions by 2040 and continues to pursue innovations in energy storage, grid modernization, and customer-focused solutions. The company’s executive team combines industry veterans and technical experts, underscoring AES’s commitment to operational excellence and long-term value creation.
