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| Type | Public (NYSE: AES) S&P 500 Component |
|---|---|
| Industry | Energy |
| Founded | January 28, 1981 |
| Founder(s) | Dennis Bakke Roger Sant |
| Headquarters | Arlington, Virginia, U.S. |
| Area served | Worldwide |
| Key people | Philip A. Odeen (Chairman) Andres Gluski (President), (CEO) & (Director) |
| Products | Electricity Natural gas |
| Revenue |  US$16.6 Billion (FY 2010)[1] |
| Operating income | US$3.98 Billion (FY 2010)[1] |
| Net income | US$9 Million (FY 2010)[1] |
| Total assets | US$40.5 Billion (FY 2010)[2] |
| Total equity | US$6.47 Billion (FY 2010)[2] |
| Employees | 28,000 (2010) |
| Website | AES.com |
The AES Corporation (NYSE: AES) is a Fortune 200 company that generates and distributes electrical power. The company was founded on January 28, 1981, as Applied Energy Services[3] by Roger Sant from the US Federal Energy Administration and Dennis Bakke from the Office of Management and Budget. AES is headquartered in Arlington, Virginia and is one of the world's leading power companies, generating and distributing electric power in 27 countries and employing 28,000 people worldwide.
In 2010, AES' total revenue was 16.6 Billion, of which $7.5B came from the company's Power Generation division,and $9.1B from Utilities.[4]
In April 2010, AES Wind Generation, a wholly owned subsidiary of AES, acquired UK-based wind developer Your Energy (YEL) and has also signed an agreement to buy a 51% stake in a wind portfolio from 3E, a Polish wind developer. This move will add more than 700MW to AES Wind Generation’s European pipeline.
Subsidiaries of The AES Corporation
- AES Eletropaulo
- AES Gener
- Premier Power
- AES Energy Storage
- AES Solar
- AES Wind Generation
- Indianapolis Power & Light Company
- DPL Inc.
References
- ^ a b c The AES Corporation (AES) annual SEC income statement filing via Wikinvest
- ^ a b The AES Corporation (AES) annual SEC balance sheet filing via Wikinvest
- ^ [1] AES Investor FAQ. Accessed on 28 July 2009.
- ^ The AES Corporation (AES) Revenue Sources, Wikinvest. Retrieved January 22, 2012.
External links
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