AES Corp

XMUN:AES

Business Description

Sector

Utilities

Industry

Utilities

Headquarters

United States of America US

Employees

8 336

IPO date

Jun 26, 1991

AES Corp is a global power company that builds, owns, and runs electricity generation assets and power delivery systems. It sells electricity to utilities, large companies, and other grid customers, and it also works in some markets as a partner in long-term energy projects. Its business is tied to the basic need for reliable power, especially from renewable energy, natural gas, and other lower-carbon sources.

AES makes money mainly by owning power plants and selling the electricity they produce, often through long-term contracts that give customers predictable supply and give AES steady cash flow. In some places it also earns fees from developing, constructing, and managing energy projects. That means AES sits in the middle of the electricity value chain: it is not just a fuel supplier or a local utility, but a builder and operator of generation assets.

What makes AES different is its mix of traditional power and cleaner energy projects spread across several countries. It serves a broad set of customers, from utilities that need bulk power to companies that want direct clean-energy supply. For beginner investors, the key idea is that AES is a power infrastructure business built around owning assets, signing contracts, and delivering electricity over many years.