The AES Investor Relations Material

AES is an American multinational utility and power generation company. It is headquartered in Arlington, Virginia, and has been listed on the NYSE since 1991. AES is one of the world's leading power companies and owns and operates various types of power plants, which it uses to generate and sell electricity to its customers.

Founded in 1981 by Roger Sant and Dennis Bakke, AES began its journey as a contracting firm but rapidly transitioned to an independent power producer. Over the decades, the company experienced transformative growth both organically as well as through strategic acquisitions, extending its operations to over 15 countries. With a series of acquisitions, strategic partnerships, and ventures, AES has established a robust global network, producing and distributing energy to millions of customers. Some publicly traded peers of AES include names like Edison International, Duke Energy, and Vistra.

AES operates a diversified energy portfolio encompassing a wide array of services and facilities. From power generation to utilities and distribution, its capabilities span the complete energy value chain. The company owns and operates power plants with multiple fuel sources, including coal, gas, hydroelectric, wind, and solar. Furthermore, AES is also involved in the distribution of electricity, ensuring that the power generated reaches consumers in a reliable and efficient manner. The customer list of AES includes everything from private individuals and households to government entities and businesses.

Recognizing the global push towards sustainable and clean energy, AES has been proactive in aligning its strategy with environmental and societal considerations. Over the years, the company has significantly increased its investment in renewable energy sources, such as wind, solar, and hydroelectric power. AES's commitment to sustainability is evident in its projects like battery-based energy storage solutions, which enable the integration of renewables into the grid.