About Business
The AES Corporation is a U.S.-based energy company, formed in 1981 and headquartered in Arlington, Virginia, U.S. This company owns power plants and generates electricity services to industries. AES is one of the prominent power companies that generate and distribute electricity in almost 15 countries. This company is also ranked as one of the strongest power companies in the Fortune 500. The company was originally formed as Applied Energy Services in 1981 by Roger Sant and Dennis Bakke. AES was a consulting firm in the beginning, later named AES Corporation, and became public in 1991. Then, the company employed about 32,000 employees across 29 countries. It required a Chilean-based subsidiary and DPL Inc. in 2000 and was renamed Dayton Power & Light in 2011.
