Who Owns AES?
AES is the brand of The AES Corporation (NYSE: AES), a publicly traded global power company headquartered in Arlington, Virginia. Founded in 1981, the brand covers regulated utilities AES Indiana and AES Ohio plus an international renewables and generation portfolio. The parent generates approximately $12.3 billion in annual revenue.
Parent Company
Founded
1981
Status
Publicly Traded
Headquarters
GlobalOfficial Website
Who Owns AES?
- Parent Company: The AES Corporation
- Ownership Type: Brand division
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: AES
| Brand | Parent Company | Ownership Type |
|---|---|---|
| AES | The AES Corporation | Brand division |
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History of AES
- Founded: 1981
- Founders: Roger W. Sant, Dennis W. Bakke
Roger Sant and Dennis Bakke founded Applied Energy Services in 1981 to build efficient independent power plants, pioneering the independent generation market.
The company went public in 1991 and expanded globally through the 1990s into one of the largest independent power producers before restructuring refocused the portfolio.
The 2010s and 2020s defined the modern brand: coal retirement, renewables buildout, the Fluence storage venture, and repositioning as a contracted clean-energy supplier to utilities and corporate buyers.
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About The AES Corporation
What does AES own?
AES owns regulated utilities AES Indiana and AES Ohio, a large renewables and storage generation portfolio, international power operations, and a stake in Fluence.
Is AES publicly traded?
Yes. It trades on the NYSE under ticker AES.
What does AES stand for?
Applied Energy Services, the company's founding name.
Who is the CEO of AES?
Andrés Gluski, president and CEO since 2011.
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How much revenue does AES generate?
Approximately $12.3 billion annually.
Where is AES headquartered?
Arlington, Virginia, USA.
- Founded: 1981
- Headquarters: Arlington, Virginia, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: AES
- Revenue: Approximately $12.3 billion (FY2025)
- Employees: Approximately 9,100
Where Is AES Made / Based?
- Headquarters: Arlington, Virginia, USA
AES Categories & Tags
AES Recalls & Controversies
Coal legacy: Past environmental litigation and remediation on retired coal facilities.
International risk: Standard political and currency exposure in operating markets.
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Brands Owned by The AES Corporation
Energy UtilitiesAES Indiana
Owned by The AES Corporation
Regulated electric utility serving Indianapolis, formerly Indianapolis Power and Light, owned by The AES Corporation since 2001.
electric-utilityregulated-utilityindiana
Energy UtilitiesAES Ohio
Owned by The AES Corporation
Regulated electric utility serving West Central Ohio, formerly Dayton Power and Light, owned by The AES Corporation since 2011.
electric-utilityregulated-utilityohio
AES Ownership: Pros & Cons
Advantages
- +Growing contracted renewables portfolio
- +Stable regulated utility returns
- +Hyperscaler clean-energy demand tailwind
- +Fluence stake adds storage upside
Considerations
- -Capital-intensive transition leverage
- -Rate sensitivity on project finance
- -Remaining coal and international exposure
- -Rate-case dependence for utility returns
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Frequently Asked Questions About AES
Sources & Further Reading
- AES official website
- AES Investor Relations
- AES company page - /companies/aes
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Competitors to AES
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Adani Group | India | 1996 | Mass market | Asia pacific | All Genders | |
| Ge Vernova | USA | 1892 | Mass market | Global | All Genders | |
| Siemens | Germany | 2020 | Premium | Global | All-ages | |
| Iberdrola | USA | 2015 | Mass market | United states | Unisex | |
| Berkshire Hathaway | USA | 1926 | Mass market | United states | All-ages | |
| Dte Energy | USA | 1903 | Mass market | United states | All Genders |
Learn More About Competitors
Energy UtilitiesAdani Power
Owned by Adani Group
India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.
power-generationenergythermal-power
Energy UtilitiesGE Vernova Gas Power
Owned by GE Vernova LLC
Gas turbine and power generation technology brand of GE Vernova, supplying heavy-duty gas turbines, steam turbines, and plant services worldwide.
power-generationgas-turbinesenergy
Energy UtilitiesSiemens Energy
Owned by Siemens AG
German energy technology company providing power generation, transmission, and renewable energy solutions, owned by Siemens AG.
energypower-generationrenewable-energy
Energy UtilitiesAvangrid
Owned by Iberdrola
US-based energy company providing electricity and natural gas services to millions of customers across multiple states, owned by Spanish utility Iberdrola.
energyelectricitynatural-gas
Energy UtilitiesBerkshire Hathaway Energy
Owned by Berkshire Hathaway
American energy company operating regulated utilities and renewable energy businesses across multiple states, owned by Berkshire Hathaway.
energyutilitiesrenewable-energy
Energy UtilitiesDTE Electric
Owned by DTE Energy Company
Michigan-based electric utility company serving millions of customers in Southeast Michigan and the thumb region, owned by DTE Energy Company.
electricityutilitiesmichigan
Competitive Analysis
Market Positioning: AES competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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The AES Corporation Stock Information
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Jobs at The AES Corporation
Latest News About AES
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