The AES Corporation operates in the utilities sector and is classified within the electric power industry. Founded in 1981 by Roger Sant and Dennis Bakke, the company is headquartered in Arlington, Virginia, and conducts global activities in power generation, distribution, and energy commercialization.
Its portfolio includes a diversified mix of power plants, encompassing thermal, hydroelectric, solar, and wind facilities. In addition to power generation, AES invests in energy-storage solutions and electrical-infrastructure projects aimed at improving transmission-grid efficiency and stability.
With operations in more than 15 countries, AES maintains a presence in North America, Latin America, Europe, and Asia. In Brazil, the company operates through AES Brasil, which controls renewable-generation assets such as wind farms, solar complexes, and hydroelectric plants.
Competitive dynamics include global players such as Duke Energy, NextEra Energy, and Engie. The company’s operational structure encompasses generation assets, transmission networks, and distributed control centers positioned to support reliable delivery of electricity across multiple regions.
In Brazil, AES Brasil oversees renewable-generation assets and energy-infrastructure projects. The company has also expanded investments in innovation, including partnerships for the development of battery-storage systems and smart-grid technologies.
The AES Corporation trades on the New York Stock Exchange (NYSE) under the ticker AES and, in Brazil, via the BDR AESB34.
History and Foundation
The AES Corporation was founded in 1981 in the United States by Roger Sant and Dennis Bakke with the objective of operating in electric-power generation and distribution. In its early phase, the company focused on developing thermal plants to meet rising electricity demand, expanding rapidly into new regions and markets.
During its first years, AES grew its international footprint by investing in energy assets across Latin America and Europe. Throughout the 1990s, the company acquired and built multiple power plants, consolidating its position as a major global participant in the electric-power sector. Entry into Brazil occurred in 1997 through the acquisition of distribution utilities and generation assets.
The company’s offer of public equity to the market occurred in 1991 with its initial public offering (IPO) on the New York Stock Exchange (NYSE), raising capital to support its investment strategy and infrastructure expansion. Following the IPO, AES accelerated its growth, acquiring strategic assets and expanding its presence in emerging markets.
During the 2000s, the company diversified its portfolio by investing in renewable energy and sustainable solutions. The acquisition of wind and solar assets supported its transition toward cleaner energy sources, while initiatives in storage technologies enhanced system reliability and reduced dependence on non-renewable generation.
In the 2010s, AES strengthened its role in energy-innovation initiatives, directing investments toward smart-grid systems and efficiency solutions. The company also expanded its presence in Latin America, acquiring renewable assets and forming partnerships to advance sustainable-energy projects.
Between 2020 and 2024, AES increased its exposure to the renewable-energy market, accelerating investments in energy storage and grid-modernization projects. Strategic partnerships and reinforced decarbonization targets played a key role during this period.
The company also launched new solar projects and expanded its wind-generation capacity, aligning with the global trend of energy transition. Ongoing investments in digitalization and distribution-system optimization continue to support improved efficiency and reliability across AES operations.
Additional Information
The Company The AES Corporation (United States), is listed on NYSE with a market cap of $ 9.71 Billions, having an equity of $ 7.68 Billions.
With a total of 8.200 employees, the company is listed in the sector of Utilities and categorized in industry of Electrical.
In the last 12 months the Company had a revenue of $ 12.03 Billions, which generated a loss in the amount of $ 1.01 Billion.
As for its main indicators, the Company has a P/E ratio of 9.58, a P/BV ratio of 1.26 and in the last 12 months the dividend yield of AES was at 5.05%.
The Company is traded internationally through the ticker AES.