AES
The AesยทNYSE
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AES Profile
The Aes Corporation
A world-leading industrial gases company that focused on serving energy, environmental, and emerging markets
Independent power producers and energy traders
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06/25/1991
New York Stock Exchange
9,100
12-31
Common stock
4300 Wilson Boulevard
, Arlington
, Virginia 22203
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The Aes Corporation was established in 1981. The company is a next-generation energy company with more than 40 years of experience helping the world transition to clean, renewable energy. AES is a holding company that operates a geographically diversified portfolio of power generation and distribution businesses through its subsidiaries and affiliates. Usually, given this holding company structure, the liabilities of a single operating entity are not recourse to the parent and are isolated from the operating entity. Most of its operating entities are structured as limited liability entities, which limits the liability of shareholders. The structure is generally the same whether the subsidiary is merged under a voting or variable interest model. Within its six SBUs, as mentioned above, the company has two lines of business. The first line of business is power generation, owning and operating power plants, generating and selling electricity to customers such as utilities, industrial users and intermediaries. The second line of business is utilities, that is, owning and operating utilities that produce or purchase, distribute, transmit and sell electricity to end-user customers in residential, commercial, industrial and government sectors within specified service areas. In some cases, its utilities also produce and sell electricity in the wholesale market.
