AES Corporation

4300 Wilson Boulevard , 11th Floor, Arlington, Virginia, United States | Energy

Overview

The AES Corporation (NYSE: AES) is a global power company that owns and operates a diverse and growing portfolio of electricity generation and distribution businesses, which provide reliable, affordable energy to customers in 18 countries. AES understands that a reliable, affordable supply of electricity is essential to human progress, economic growth, public health and security.

Our power plants encompass a broad range of technologies and fuel types, including coal, diesel, hydropower, gas, oil, wind and biomass. Our utilities power several diverse markets, from São Paulo, Brazil to Indianapolis, Indiana.

Combining deep local insight with a global presence and more than 30 years of experience, AES has a proven commitment to ensuring operational excellence in providing electricity to its customers.

Our Mission

Improving lives by providing safe, reliable and sustainable energy solutions in every market AES serves.

Mission, Vision, Values and Culture

At AES, improving lives and making a lasting difference in the communities in which our businesses operate is a core part of our values and mission. We are committed to a wide range of social, economic and environmental initiatives that will improve the lives of our customers and their communities; protect the environments in which we operate; empower our people and businesses; and, improve long-term returns to our investors.

Our History

AES is an international power company with generation and distribution businesses across four continents. Since our founding in 1981, AES has driven energy sector growth, pioneered advances in many markets and today stands as a global energy industry leader in innovation and operational excellence.

In 1985, under Roger Sant’s leadership as CEO, the first AES power plant was built in Texas. It quickly became one of the leading competitive power plants in the United States. In 1988, AES became the largest Independent Power Producer (IPP) in the USA, with three plants in operation (Placerita, Beaver Valley and Deepwater). This domestic expansion spurred a global quest for new financing, construction and operational opportunities.

As international markets opened up, AES began generating electricity in the United Kingdom, and then expanded to Argentina, Pakistan, China, Hungary and Brazil.  In 1998, with Dennis Bakke as CEO, AES became an early innovator by acquiring a minority stake in a power plant in the first-and-only generation privatization in India. In West Africa and Central America, AES brought electricity to locales that had never previously had reliable power, while at the same time, serving urban centers such as São Paulo and Indianapolis, IN.

Under Paul Hanrahan's leadership as CEO, AES helped pioneer new pollution control technologies and biomass conversions —in Qatar, Oman, Sri Lanka and Cameroon—and to Bulgaria, where we are built our largest greenfield project to date.  We have also brought renewable sources of energy to market through the acquisition and development of AES Wind Generation in the USA and Europe; and, through AES Solar Energy, LLC, our joint venture with Riverstone Holdings.

Today, with Andrés Gluski at the helm, and with a new Executive Leadership Team and refined organizational structure in place, AES is committed to improving lives through the essential services we provide.  In some regions, our power may drive supercomputers and cutting-edge industrial technologies; in others we may be delivering the first reliable electricity to hospitals, homes, schools and businesses. Regardless of locale, we believe that electricity is essential to human progress and advancing economic growth, public health and security.

Ethics and Compliance

The AES Ethics and Compliance Program is an integral part of our business and culture, helping to define our business practices and corporate expectations worldwide.

As a leader in the global power industry, AES operates under a broad range of economic, political, social and cultural customs and traditions, and an equivalent variety of local, regional and international laws and regulations. Regardless of these challenges, we believe it is our duty and responsibility to conduct business with the highest level of integrity, ethics, and compliance in all situations and we support the Universal Declaration of Human Rights.

As evidence of this commitment, AES has a Code of Conduct and a well-defined process that encourages internal and external stakeholders to bring matters of concern to the company’s attention for prompt resolution. Our people and stakeholders are empowered with a strong sense of ownership and accountability for their work, and we fully expect each person to adhere to our corporate values as described in the Code of Conduct.

Company Details
Company NameAES Corporation
Business CategoryEnergy
Address4300 Wilson Boulevard
11th Floor
Arlington
Virginia
United States
ZIP: VA 22203
PresidentAndrés Gluski
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA

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