AES Corporation
The AES Corporation is a Fortune 200 company that generates and distributes electrical power. The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant from the US Federal Energy Administration and Dennis Bakke from the Office of Management and Budget. AES is headquartered in Arlington, Virginia and is one of the world's leading power companies, generating and distributing electric power in 27 countries and employing 28,000 people worldwide.
In 2010, AES' total revenue was 16.6 Billion, of which $7.5B came from the company's Power Generation division,and $9.1B from Utilities.
In April 2010, AES acquired UK-based wind developer Your Energy Limited (YEL) and also signed an agreement to buy a 51% stake in a wind portfolio from 3E, a Polish wind developer. This move will add more than 700MW to AES Wind Generation's European pipeline. On April 1, 2012, YEL changed its name to AES Wind Generation Ltd.
Read more about AES Corporation: Subsidiaries of The AES Corporation
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