Main Street Power Company, Inc

AES Distributed Energy brings reliable and affordable solar power to schools, municipalities, utilities, residential marketers and private-sector commercial entities. We develop, own and operate distributed generation solar PV projects. Our partnerships with EPC contractors, equipment manufacturers and project financiers enable us to build and structure turnkey, distributed solar PV solutions that require no upfront capital outlay. Formed by the acquisition of Main Street Power Company in February 2015, and through our ongoing business relationship with MS Solar Solutions Corp., a wholly-owned subsidiary of Morgan Stanley, AES Distributed Energy has more than 50 MW of distributed generation solar PV projects in operation across North America with an additional 100 MW in development in the US, Caribbean and Latin America.

Overview

AES Distributed Energy provides sustainable long-term distributed solar power solutions to clients by combining Power Purchase Agreements (PPAs) with government and utility incentives. We maintain a long-standing financing relationship with MS Solar Solutions Corp. (MSSS), a wholly owned subsidiary of Morgan Stanley. Through our more than 200 commercial projects and two residential platform partners across North America, we have developed and are operating enough clean and affordable solar power generation with the capacity to supply the equivalent of more than 17,000 homes with electricity, annually for a year.

Our Mission

Improving lives by safely providing affordable, reliable and sustainable energy solutions in every market we serve.

Our History

AES Distributed Energy was formed in 2009 as Main Street Power Company, Inc., a spin-off from the International Center for Appropriate and Sustainable Technology. Since our formation in 2009, we have remained committed to the environmental, economic and social benefits that distributed solar generation brings to the communities, homeowners, schools, municipalities, businesses and utilities it serves. With our ongoing business relationship with MS Solar Solutions Corp., a wholly-owned subsidiary of Morgan Stanley, and through our more than 200 commercial projects and two residential platform partners across North America, the work that we’ve done over the past six years has brought clean and affordable power to the markets in which we operate. The power we’ve generated could provide electricity to more than 17,000 homes for the year. And the CO2 emissions we’ve reduced as a result of this clean, sustainable energy is equivalent to taking more than 21,000 cars off the road each year.

In February 2015, Main Street was acquired by The AES Corporation, a Fortune 200 global energy company with a history rooted in innovation. AES aims to safely provide reliable and sustainable energy solutions in every market it serves. Together, we see the powerful global impact we can have by uniting AES’ operating generation and utility assets and intimate market knowledge in 18 countries around the world, and our proven expertise and experience in developing, owning and operating distributed generation solar PV installations serving residential, commercial and utility markets.