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The
AES Corporation is a Fortune 200 company that generates and distributes
electrical power. The company was founded on January 28, 1981, as Applied
Energy Services 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 worlds 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.
In
April 2010, AES acquired UK-based wind developer Your Energy Limited (YEL) and
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. On April 1, 2012, YEL changed its name to AES
Wind Generation Ltd.
Type Public
S&P
500 Component
Traded
as
NYSE AES
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)
Operating
income
US$3.98 Billion (FY 2010)
Net
income
US$9 Million (FY 2010)
Total
assets
US$40.5 Billion (FY 2010)
Total
equity
US$6.47 Billion (FY 2010)
Employees 28,000 (2010)
Website AES.com
Southland
| |
Arlington, VA
| |
Arlington, VA
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