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Blue Chip Growth

Stock Report: AES Corporation (AES) Report Updated: Dec 15, 2014 | Print This Page

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Company Profile

The AES Corporation, a power company, operates a portfolio of electricity generation and distribution businesses. Its Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries. The company generates electricity through various sources, including coal, diesel, fuel oil, natural gas, and biomass, as well as renewable sources comprising hydroelectric power, wind, and solar. Its Utilities business owns and/or operates utilities to distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors. As of December 31, 2011, the company owned electricity generation and distribution facilities with a total capacity of approximately 44,200 megawatts and distribution networks serving approximately 12 million customers in 27 countries. It serves customers in Latin America, Africa, North America, Europe, the Middle East, and Asia. The AES Corporation was founded in 1981 and is headquartered in Arlington, Virginia.

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