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AES Corporation is one of the largest independent producers of electrical power in the world, with an ownership stake in 177 facilities in Argentina, Australia, Bangladesh, Brazil, Canada, China, the Dominican Republic, El Salvador, Hungary, India, Kazakhstan, the Netherlands, Mexico, Pakistan, Panama, the United Kingdom, Venezuela, and the United States. The company supplies more than 59 gigawatts of electricity worldwide to 16 million customers through its electricity distribution network. The company's operations are grouped into four major business segments: Contract Generation; Competitive Supply; Large Utilities; and Growth Distribution. (investing@aes.com)
AES was the invention of Roger W. Sant and Dennis W. Bakke, who had served together in the Federal Energy Administration (FEA) during the Nixon and Ford administrations in the early to mid-1970s. The two had been instrumental in drafting preliminary versions of the Public Utility Regulatory Policies Act (PURPA). The law......
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Title: Aes Global Power
Approximate Word Count: 1221
Approximate Pages: 5 (250 words per double-spaced page)
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Aes Global Power
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