What is AES?

Written by Editorial Team | Last Updated: August 2026

The AES Corporation is a major Fortune 500 global energy enterprise dedicated to accelerating the future of cleaner, smarter power solutions. The company operates diverse electricity generation facilities and distribution utilities across multiple countries, providing reliable power to millions of customers. Its portfolio spans traditional generation sources alongside massive investments in renewable energy technologies, including solar, wind, and energy storage systems. By partnering with commercial clients and governments, the organization drives strategic clean energy transitions while maintaining critical grid reliability and power infrastructure.

Related FAQs

AES Ohio (formerly known as Dayton Power and Light Company) is a regulated electric utility subsidiary of The AES Corporation that provides electricity delivery and distribution services to hundreds of thousands of residential, commercial, and indust...

The per-share trading price of The AES Corporation reflects broader utility sector valuations, capital expenditure requirements for renewable energy expansion, and the impact of interest rate cycles on capital-intensive energy companies.

The total annual compensation for Andrés Gluski, President and Chief Executive Officer of The AES Corporation, amounts to several million dollars per year, structured across a baseline cash salary, performance-driven annual cash incentives, and long-...

Within Ohio's deregulated energy marketplace, there is no single permanent "cheapest" electricity supplier, as generation rates fluctuate constantly based on wholesale market conditions, natural gas prices, and seasonal consumer demand.

Ownership of The AES Corporation is heavily concentrated among prominent institutional asset management firms and large-scale mutual fund organizations that manage equity portfolios on behalf of millions of individual investors.

Utility bills from AES Ohio can appear high due to a combination of rising transmission costs, ongoing investments in smart-grid infrastructure, grid hardening projects, and broader inflationary pressures affecting generation fuel and capacity charge...

Price action for The AES Corporation stock became tightly anchored following the public announcement of its definitive all-cash acquisition agreement by BlackRock's Global Infrastructure Partners and EQT.

As a capital-intensive global power provider and utility operator, The AES Corporation has historically faced vulnerabilities associated with high debt burdens, sensitivity to interest rate fluctuations, and significant capital expenditure demands re...

Depending on the context, the acronym AES can refer to several different technical and corporate definitions.

The average cost of a residential electric bill in the United States varies significantly depending on geographic location, seasonal climate shifts, household size, and local utility rate structures.

The AES Corporation is owned by its diverse public and institutional shareholders as a publicly traded enterprise on the New York Stock Exchange, though acquisition agreements have been established to transition the firm into a privately held entity ...

AES Ohio operates as a regulated electric utility subsidiary delivering power to customers in the Dayton region, functioning under the overarching corporate structure of The AES Corporation.

The parent organization, The AES Corporation, along with its regulated utility subsidiaries including AES Ohio and AES Indiana, entered into a definitive agreement to be acquired and taken private by an international investment consortium.

When a consumer refers to an "AES bill," they are typically talking about the monthly electricity statement issued by AES Ohio or AES Indiana, which are regulated electric utility subsidiaries of The AES Corporation.

The corporate name AES originally stood for Applied Energy Services, reflecting the enterprise's founding mission when it was established in the early 1980s as an independent power producer.

Compensation packages for employees at The AES Corporation vary widely based on geographic location, technical job classification, department specialization, and corporate level.

The primary corporate headquarters of The AES Corporation is located in Arlington, Virginia, within the United States.

The chief executive officer of The AES Corporation earns a comprehensive annual compensation package valued at multiple millions of dollars, combining a fixed base salary with variable performance bonuses and restricted stock units.

The AES Corporation maintains a diverse international workforce consisting of thousands of professionals distributed across various global energy markets and operational facilities.

Yes, The AES Corporation entered into a definitive agreement to be acquired by an international investment consortium led by BlackRock's Global Infrastructure Partners (GIP) and EQT Infrastructure, alongside co-underwriters including CalPERS and the ...

Within Ohio's deregulated energy market, customers can compare rates offered by various retail electric generation suppliers alongside their local utility's standard service offer (SSO).

No, The AES Corporation is not owned by any government entity; it operates as a major private-sector multinational power enterprise.

Depending on the context, the acronym AES can refer to various technologies and applications, most prominently Advanced Encryption Standard, which is a specification for the encryption of electronic data established by the US National Institute of St...

The AES Corporation generates revenue primarily through long-term power purchase agreements (PPAs), electricity generation sales, and regulated utility operations.

Yes, an investor consortium led by Global Infrastructure Partners—which is a part of BlackRock—alongside EQT Infrastructure and co-underwriters such as CalPERS and the Qatar Investment Authority, signed a definitive agreement to acquire The AES Corpo...