Founded in 1981, The AES Corporation generates and distributes electricity through a mix of thermal, hydroelectric, wind, solar, and battery storage facilities. The company operates through multiple regional segments, managing both competitive generation assets and regulated utilities, such as AES Indiana and AES Ohio in the United States. AES has been aggressively transitioning its portfolio toward renewable energy, aiming to phase out coal generation and expand its clean energy capacity. It is also a pioneer in grid-scale battery storage, notably through its Fluence joint venture with Siemens. In March 2026, a private equity consortium led by Global Infrastructure Partners and EQT announced an agreement to acquire AES and take the company private.
