our-business-overview

Overview

We provide affordable, sustainable energy to 17 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 19,000 people is committed to operational excellence and meeting the world’s changing power needs. We are dedicated to improving lives by providing safe, reliable and sustainable energy solutions in every market we serve.

With more than 30 years of experience, our diverse mix of generation sources and utilities provides us the strength and flexibility to adapt to local and regional market needs, maximize plant efficiency and deliver the electricity needed now and into the future which is essential to human progress, economic growth, public health and security.

Strategic Business Units (SBUs)

We are organized into six market-oriented SBUs:

  • United States SBU
  • Andes SBU (Argentina, Chile, Colombia)
  • Brazil SBU
  • Mexico, Central America and the Caribbean SBU (Dominican Republic, El Salvador, Mexico, Panama, Puerto Rico)
  • Europe SBU (Bulgaria, Jordan, Kazakhstan, Netherlands, United Kingdom)
  • Asia SBU (India, Philippines and Vietnam)

By organizing based on geographic regions, we have a better socio-political-economic understanding of our business in each market.

Each of our six SBUs is dedicated to improving lives through energy generation, utilities and other energy solutions such as energy storage and distributed energy.

Generation

We own and/or operate power plants, which we use to generate power for our customers, such as utilities, industrial users and other intermediaries. We strive to provide diverse fuel technologies that are well-suited to the individual markets in which we operate. These fuel technologies include coal, diesel, gas, oil and renewables.

Utilities

We own and/or operate utilities to provide electricity to end-user customers in the residential, commercial, industrial and governmental sectors within a local or regional service area. Some of our utilities also generate and sell electricity on the wholesale market. AES has seven utilities, or distribution companies, powering major cities from São Paulo, Brazil to Indianapolis, IN. We have expanded electricity access to first-time customers in Brazil and El Salvador, and modernized distribution networks to transmit power and heat efficiently and safely in the United States.

Energy Storage

AES Energy Storage is a leader in commercial energy storage solutions, which improve flexibility and reliability of the power system, and provide customers with a complete alternative to traditional energy infrastructure investments such as peaking power plants. The company’s Advancion® 4 energy storage solution is available for sale to leading utilities, power markets, and independent power producers, and AES Energy Storage and its partners can manage installations from concept to operation with a market-proven solution that integrates best-in-class battery and power conversion technologies.

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Distributed Energy

We are dedicated to improving the lives of our customers by providing reliable and affordable solar power to schools, municipalities, utilities, residences 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. Through our on-going business relationship with MS Solar Solutions Corp., a wholly-owned subsidiary of Morgan Stanley, we have more than 60 MW of distributed solar PV projects in operation across North America, with an additional 100 MW in development in the United States, the Caribbean and Latin America.

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