AES Corp. / AES
AES’s Buffalo Gap wind farm near Abilene, TX. (Photo: Courtesy of company.)
About AES Corp.
4300 Wilson Blvd., Arlington, Va. 22203
www.aes.com
| 703-522-1315
| Founded: 1981
Industry: Energy | Category: Public Companies
AES, a power generation and utility company, has been steering toward renewable energy, which accounts for 20 percent of its generating capacity. It boosted its wind-generation capacity to 1,000 megawatts last year and in March announced a joint venture to invest up to $1 billion in solar energy farms around the world. It also added a gas-fired plant in Jordan, started building small hydropower projects in Turkey and a won contract for a coal-fired plant in the Philippines.
Chairman: Philip A. Odeen
2007 Financial Data
Revenues: $13,588,000,000 | Net Income: $-95,000,000Asssets: $34,453,000,000 | Earnings Per Share: $-0.14
Stockholder Equity: $3,164,000,000 | Annual Dividend: $0.00
Total employees: 28,000 | Local employees: 400
Company Leadership
| Paul Hanrahan | Chief Executive Officer, President and Director |
| John A. Koskinen | Director |
| Philip Lader | Director |
| Sandra O. Moose | Director |
| Phil Odeen | Chairman |
| Charles O. Rossotti | Director |
| Sven Sandstrom | Director |
| Kristina M. Johnson | Director |
| Paul T. Hanrahan | President and Chief Executive Officer |
| Andres R. Gluski | Executive Vice President and Chief Operating Officer |
Source: Compensation data provided by Equilar, Inc..
| Paul T. Hanrahan President and Chief Executive Officer | $7,436,442 Salary: $953,333 |
| Andres R. Gluski Executive Vice President and Chief Operating Officer | $3,347,671 Salary: $553,333 |
Did You Know
ADIOS: Even after AES sold its Caracas electric utility to the government of Venezuela in response to President Hugo Chávez's nationalization plans, its biggest business area remains Latin America.
