AES Corporation
American energy company
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2022 | AES Corporation ranked in the Top Ten of Fast Company's Best Workplaces for Innovators, highlighting the company's commitment to innovation in the power generation industry. |
December 2021 | AES acquired Community Energy Solar to help deliver 4 GW of renewables in the U.S. |
February 2021 | Indianapolis Power & Light and AES Ohio were rebranded under the AES name. |
2018 | AES acquired the subsidiary sPower. |
January 2018 | AES India, in partnership with Mitsubishi, began construction of a 10 MW energy storage solution in Rohini, expected to be India's first utility-scale system using Fluence's Advancion technology. |
January 2018 | Fluence, a joint venture between AES Energy Storage and Siemens, was launched to develop and expand energy storage technologies and services, focusing on lithium-ion powered energy sources. |
January 2018 | Sunflex Energy technology was announced, designed to capture energy during peak solar hours and expand energy delivery capabilities. |
2017 | AES Corporation acquired sPower from Fir Tree Partners Inc in a joint acquisition with Alberta Investment Management Corporation, establishing a significant presence in utility-scale solar development across 11 U.S. states. |
2016 | AES subsidiary Masin-AES Pte. Ltd launched Masinloc ES, a 10 MW battery-based energy storage system in the Zambales Province, Luzon. This project was the first battery-based energy system in the Philippines, providing storage to the Luzon grid. |
2016 | AES acquired the Guillermo Brown gas turbine power plant in Buenos Aires province, with a 576 MW generation capacity using natural gas and diesel fuels. |
2015 | Mong Duong 2 power plant in Cam Pha, Vietnam became commercially operational. This 1,240 MW coal-fired plant was constructed under a Build-Operate Transfer (BOT) agreement between AES and state-owned entities Electricity of Vietnam (EVN) and Vinacomin, making it the largest private sector power project in Vietnam. |
2012 | Paul Hanrahan resigned as president and CEO, succeeded by Andres Gluski. |
2011 | Qatar Electricity & Water Corporation announced its intention to purchase a stake in the Amman East Power Plant. |
2011 | AES acquired the Maritsa Iztok Complex, a 690 MW coal power plant located in Galabovo, Bulgaria, which is the largest energy complex in Southeast Europe. |
2011 | AES acquired DPL Inc. (then known as Dayton Power & Light). |
2010 | AES purchased Ballyumford Power Station, a major acquisition that gave the company control of the largest power station on the Irish mainland with a generating capacity of 1017 megawatts. |
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