About AES
AES is a company based in Hong Kong (China) founded in 1981 by Dennis Bakke and Roger Sant. It operates as a Green Energy-as-a-Service, and Subscription Services. The company has 9,100 employees as of December 31, 2024. AES has completed 5 acquisitions, including Community Energy, Main Street Power Company and Uplight. AES offers products and services including Renewable Energy Solutions, Smart Grid Technology, Energy Storage Systems, and Digital Energy Solutions. AES operates in a competitive market with competitors including InterContinental Energy, Panda Green Energy Group, Shunfeng International Clean Energy, HITE and Sunoren Solar Technology, among others.
- Headquarter Hong Kong, China
- Employees 9100 as on 31 Dec, 2024
- Founders Dennis Bakke, Roger Sant
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Aes Corporation
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Annual Revenue
$12.28 B-3.14as on Dec 31, 2024
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Net Profit
$1.69 B596.69as on Dec 31, 2024
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EBITDA
$3.29 B-2.83as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
9100
as on Dec 31, 2024
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Investments & Acquisitions
Community Energy
& 4 more
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IPO & Listings of AES
AES is a publicly listed company on the NYSE with ticker symbol AES in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of AES
AES offers a comprehensive portfolio of products and services, including Renewable Energy Solutions, Smart Grid Technology, Energy Storage Systems, and Digital Energy Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Renewable energy solutions are provided for sustainable power generation.
Smart grid technology is developed for efficient energy distribution.
Energy storage systems are offered for reliable power management.
Digital solutions are created for optimizing energy usage efficiency.
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Software Development Team
80 people
Leadership Team
77 people
Senior Team
58 people
Legal and Compliance
47 people
Finance and Accounting
45 people
Human Resources and Administration
33 people
Product Management Team
28 people
Operations Team
20 people
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Funding Insights of AES
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - AES | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AES
AES has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PowerTap. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AES
AES has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Community Energy, Main Street Power Company and Uplight. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
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2019 | ||||
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Utility-scale solar and wind projects are owned and developed.
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2012 | ||||
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Financier developer owner of solar projects
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AES
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aes Comparisons
Competitors of AES
AES operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InterContinental Energy, Panda Green Energy Group, Shunfeng International Clean Energy, HITE and Sunoren Solar Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed by the company.
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| domain | founded_year | HQ Location |
Utility-scale and rooftop solar power projects are developed and financed.
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| domain | founded_year | HQ Location |
Solar power plants are constructed, operated, and products are manufactured.
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| domain | founded_year | HQ Location |
Develops innovative technologies for wind energy projects.
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| domain | founded_year | HQ Location |
Delivers comprehensive solutions for photovoltaic project development, construction, operation, and maintenance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aes
Frequently Asked Questions about AES
When was AES founded?
AES was founded in 1981 and raised its 1st funding round 40 years after it was founded.
Where is AES located?
AES is headquartered in Hong Kong, China.
Who is the current CEO of AES?
Andres Gluski is the current CEO of AES.
How many employees does AES have?
As of Dec 31, 2024, the latest employee count at AES is 9,100.
What is the annual revenue of AES?
Annual revenue of AES is $12.28B as on Dec 31, 2024.
What does AES do?
AES, known as The AES Corporation, is engaged in providing renewable energy solutions worldwide. Operations are focused on clean energy generation through solar, wind, and energy storage systems. Smart grid and digital solutions are developed to enhance energy efficiency. The company serves various sectors including businesses and utilities, aiming for a sustainable energy future. Community partnerships and local investments are prioritized to ensure global impact with localized benefits. AES is committed to reducing carbon footprints through innovative technologies and strategic partnerships.
Who are the top competitors of AES?
AES's top competitors include InterContinental Energy, Panda Green Energy Group and Shunfeng International Clean Energy.
What products or services does AES offer?
AES offers Renewable Energy Solutions, Smart Grid Technology, Energy Storage Systems, and Digital Energy Solutions.
Is AES publicly traded?
Yes, AES is publicly traded on NYSE under the ticker symbol AES.
How many acquisitions has AES made?
AES has made 5 acquisitions, including Community Energy, Main Street Power Company, and Uplight.
Who are AES's investors?
AES has 1 investor. Key investors include PowerTap.
What is AES's ticker symbol?
The ticker symbol of AES is AES on NYSE.
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