1981 

• Roger Sant and Dennis Bakke found Applied Energy Services (AES), an energy consulting company. Roger becomes AES’ first CEO and Chairman of the Board

1988

• Pioneering the model of Independent Power Producer (IPP), AES becomes the first and largest IPP in the US, bringing competitive generation and energy affordability to the market 

1989

• Caring for our carbon before it was common, AES creates the first documented carbon offset program in the US by planting 52 million trees in Guatemala to offset carbon emissions from a plant in Connecticut

1991

• Going public with investors, AES shares are listed on the New York Stock Exchange (NYSE: AES)

1992

• Expanding our business internationally, AES introduces high operating standards and affordable electricity to power markets emerging from deregulation and utility privatization around the globe

1993

• AES arrives in Argentina with the acquisition of the San Nicolas facility 

1994 

• Dennis Bakke becomes AES’ second CEO as the company continues growing internationally 

1997 

• AES begins operations in the Dominican Republic with the acquisition of Los Mina

1998 

• Continuing to expand our global footprint, AES enters the power market in El Salvador, Panama and acquires the Southland facility in California

2000

• AES is welcomed into the S&P 500 stock index
• AES acquires Gener, our first foray into the power markets of Chile and Colombia

2001

• Focusing on improving lives, AES acquired IPL in Indiana and started powering communities as a utility.

2002

• AES begins operations in Puerto Rico

2003

• The AES Andres natural gas facility comes online, the world's first emerging market LNG terminal. It transforms the energy landscape and economy of the Dominican Republic, by providing more affordable and stable electricity prices, offering long-term cost predictability that supports national planning and economic growth 

2006 

• AES launches the AES Performance Excellence Program (APEX) to drive greater innovation, efficiency and process improvement in day-to-day operations
• AES breaks ground on the Maritza thermal power plant in Bulgaria  

2007

• AES wins our first  Edison Electric Institute Award for systematic performance improvements for our Latin America businesses

2008

• AES enters Vietnam with the development of the Mong Duong 2 thermal project 

2009

• Transforming the fabric of the grid, AES connected the world's first utility-scale battery energy storage  in Indianapolis and installed the first commercially operating system at the Los Andes substation in Chile
• AES begins commercial operations in Jordan at the Amman East combined cycle gas-fired power plant

2011

• Andrés Gluski becomes AES’ fourth CEO and initiates the company’s plans to accelerate the future of energy
• Expanding our focus on retail customers, AES reaches an agreement to acquire Dayton Power & Light (DP&L) in Ohio
• AES adds energy storage to our Laurel Mountain facility in West Virginia, becoming the first to provide ancillary services on the PJM grid
• AES wins our second Edison Electric Institute Award for the world-class turnaround of the Masinloc thermal facility in the Philippines

2012

• AES receives our third Edison Electric Institute Award for the Angamos project in Chile, combining energy storage with coal generation 

2013

• AES wins our fourth International Edison Electric Institute Award for our work in Cameroon to improve the electricity sector and the overall economy and social well-being in the country

2015

• AES acquires Mainstreet Power to add solar resources to the portfolio in the rapidly expanding  US distributed solar market

2016

• AES receives our fifth Edison Electric Institute Award for the Advancion technology and the global expansion of our energy storage services in the Netherlands and Northern Ireland

2017

• Partnering with Alberta Investment Management Co (AIMCo), AES acquires sPower, the largest independent solar developer in the US.

2018

• Joining forces with Siemens to usher in an era of firm clean power, AES launches Fluence, the world’s leading energy storage platform
• AES inaugurates the Colon LNG terminal in Panama, the first of its kind in the region
• AES becomes the first publicly traded US-based energy company to publish its portfolio’s resiliency to the climate change scenario put forth in the Task Force on Climate-related Financial Disclosures (TCFD)

2019

• Together with KIUC in Kauai, AES wins the Edison Electric Institute Award, our sixth, for helping the island meet its renewable energy targets with the world’s largest solar PV Peaker plant and energy storage facility
• Committed to creating the future of energy, AES signs a strategic alliance with Google to accelerate the growth and adoption of clean energy through leveraging Google Cloud technology to pioneer innovation in the sector

2020

• The 1.3GW Southland Repowering CCGT project achieves commercial operations, enhancing the grid reliability of  California  
• AES begins operating our virtual reservoir pilot in Chile, a first-of-its-kind energy storage facility, enhancing run-of-river hydroelectric power with battery energy storage capacity
• Dayton Power & Light inaugurates the Smart Operations Center in Ohio, the first of its kind in the United States
• sPower merges with AES’ clean energy business in the United States to form one of the leading clean energy platforms in the United States

2021

• AES wins the Edison Electric Institute Award, our seventh, for the Alamitos Battery Energy Storage Project in California, the world’s first utility-scale, standalone energy storage project for local capacity
• Microsoft and AES partner to bring around-the-clock renewable energy to data centers
• AES tops BloombergNEF’s global ranking of clean energy providers to corporations for the first time

2022

• Fast Company names AES in the Top Ten of its  Best Workplaces for Innovators  ranking
• BloombergNEF ranks AES as the top clean energy provider to corporations in the world for the second time

2023

• AES secures award for 1.2 GW of wind and solar projects in New York through a competitive RFP, supporting the state's carbon-free energy goals
• AES partners with SOLARCYCLE to responsibly recycle solar panels and support a circular domestic solar economy
• Fast Company names AES in the Top Ten of its  Best Workplaces for Innovators  ranking for the second consecutive year

2024

• AES publishes results from the largest deployment of Dynamic Line Ratings (a grid-enhancing technology), a leap for transmission optimization in the US
• In partnership with Amazon, AES completes Delta Wind, the first utility-scale wind project in Mississippi,
• AES launches first AI-enabled solar installation robot Maximo
• AES partners with AI Fund to accelerate AI-driven energy solutions
• AES tops BloombergNEF’s global ranking of clean energy providers to corporations for the third time

2025

• AES signs 650 MW PPA with Meta to support data center operations in the Midwest