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AES - About the company
AES is an acquired company based in Hong Kong (China), founded in 1981 by Jeff Tannenbaum, Roger Sant and Dennis Bakke. It operates as a Global power company. AES has raised an undisclosed amount in funding. The company has 124 active competitors, including 11 funded and 15 that have exited. Its top competitors include companies like InterContinental Energy, SUNSYNK and China Huadian Corporation.
Company Details
AES Corporation is a global power company which provides and distributes electric power. Their business categories include generation, utilities, energy storage & distributed energy. The company has operations worldwide. In 2023, the company recorded annual revenues of $12.62B and a net loss of $0.55B.
- Website
- www.aes.com/
- Registered Address
- Chicago, Illinois
Key Metrics
Founded Year
1981
Location
Hong Kong, China
Stage
Acquired
Latest Funding Round
Investors
Ranked
2nd among 124 active competitors
Annual Revenue
$1B+ as on Dec 31, 2025
Employee Count
5,926 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Global Infrastructure Partners (Mar 02, 2026)
Legal entities associated with AES
AES is associated with 13 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AES CHHATTISGARH ENERGY PRIVATE LIMITED CIN: U40109DL2006PTC155576 , India, Active | Nov 16, 2006 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
AES SERVICES CIN: 363433209 , United States, Active | Dec 26, 999 | - | 30 (As on Dec 31, 2019) | - |
AES Invest a. s. CIN: 06225411 , Czech Republic, Active | Jun 27, 2017 | - | - | |
AES ELECTRICAL INC CIN: 770208243 , United States, Active | Dec 26, 999 | - | 97 (As on Dec 31, 2024) | - |
LUMENKAI POWER PRIVATE LIMITED CIN: U74899DL1998PTC097078 , India, Active | Nov 13, 1998 | 0 - ₹10 Cr (As on Mar 31, 2025) | 4 (As on Dec 31, 2023) | |
AES CORPORATION CIN: 42535387 , United States, Active | Dec 26, 999 | - | 56 (As on Dec 31, 2024) | - |
AES INDIA ENERGY SOLUTIONS PRIVATE LIMITED CIN: U40106HR2021FTC100189 , India, Under liquidation | Dec 28, 2021 | 0 - ₹10 Cr (As on Mar 31, 2024) | - | |
AES IB VALLEY CORPORATION CIN: U40102OR1994ULT003639 , India, Active | Jun 14, 1994 | - | - | |
AES ORISSA DISTRIBUTION PRIVATE LIMITED CIN: U40109OR1999PTC005894 , India, Active | Aug 31, 1999 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
State Energy Group Hotel Holding Company s.r.o. CIN: 06383076 , Czech Republic, Active | Aug 28, 2017 | - | - | |
AES COMPANY CIN: 40103757023 , Latvia, Deadpooled | Feb 07, 2014 | €0 - €1M (As on Dec 31, 2014) | 1 (As on Dec 31, 2014) | - |
BALSTON TRADE s.r.o. CIN: 02171198 , Czech Republic, Active | Oct 02, 2013 | - | - | |
AES CORP CIN: 874761 , United States, Active | $1B+ (As on Dec 31, 2025) | - | - |
AES's acquisition details
AES got acquired by Global Infrastructure Partners, EQT, CalPERS and Qatar Investment Authority on Mar 02, 2026 at an acquisition amount of $*****.
Click here to take a look at AES's acquisition in detail
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AES's funding and investors
AES has raised funding over 2 rounds. Its latest funding round was a Post IPO round on Jul 27, 2021 for $*****. 1 investor participated in its latest round. AES has 1 institutional investor.
Here is the list of recent funding rounds of AES:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 27, 2021 | 7517736 | Post IPO | 4400532 | 7577021 | 5901083 | 9238274 |
Access funding benchmarks and valuations. Sign up today!View details of AES's funding rounds and investors
AES's founders and board of directors
Founder? Claim ProfileHere are the details of AES's key team members:
- Jeff Tannenbaum: Founder & Board Chair of AES and founder of 3 other companies, Titan Grove, PACENation and Fir Tree.
- Roger Sant: Co-Founder of AES.
- Dennis Bakke: Co-Founder of AES.
- Ryan Creamer: CEO of AES.
View details of AES's Founder profiles and Board Members
AES's employee count trend
AES has 5,926 employees as of Jun 26. Here is AES's employee count trend over the years:
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AES's Competitors and alternates
Top competitors of AES include InterContinental Energy, SUNSYNK and China Huadian Corporation. Here is the list of Top 10 competitors of AES, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  InterContinental Energy 2014, Hong Kong (China), Series B | Developer of solar and wind energy projects | $115M | 58/100 | |
2nd | Global power company | - | 51/100 | ||
3rd | Provider of solar marine installation services | - | - | 48/100 | |
4th |  China Huadian Corporation 2002, Beijing (China), Public | Developer of large-scale renewable energy projects | - | - | 47/100 |
5th | Beijing Jingneng Clean Energy 2009, Chaoyang (China), Public | Cleantech power generation company | - | 44/100 | |
6th | GCL New Energy 2014, Suzhou (China), Public | Developer of solar energy projects | - | 43/100 | |
7th | Developer of solar energy projects | - | 43/100 | ||
8th | Developer of solar energy projects | - | - | 40/100 | |
9th | Developer of solar energy projects | $6M | 39/100 | ||
10th |  Jinko Power 2011, Shanghai (China), Unfunded | Developer of solar energy projects | - | - | 39/100 |
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AES's Investments and acquisitions
AES has made 6 investments in companies including Motor and 5B. AES has also acquired 4 companies including Community Energy and sPower.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 07, 2023 | Investments | 2019 | Arlington (United States) | |
Dec 15, 2022 | Investments | 2013 | Mascot (Australia) | |
Jun 03, 2022 | Investments | 2013 | Mascot (Australia) |
Want to know more about where corporates are investing? Sign up today!See all investments and acquisitions by AES
News related to AES
Filter this listMedia has covered AES for a total of 52 events in the last 1 year, 21 of them have been about company updates and 1 about partnerships.
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AES Corporation Stockholders Approve Acquisition by Global Infrastructure Partners and EQT-Led ConsortiumPR Newswire•Jun 27, 2026•Global Infrastructure Partners, AES, EQT, Frazier Life Sciences and 4 others
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Encomara's Squid System Receives ABS Design Approval for Simplified Floating Wind Turbine InstallationRenewable Energy Magazine•Jun 16, 2026•Enco Mara, AES
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AES Announces Pricing of $1 Billion of Senior Notes in Public OfferingPR Newswire•Jun 12, 2026•AES, EQT, BlackRock
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Trump Designates US$685 Million to Support U.S. Coal and Power GenerationIndustrial Info Resources•Jun 05, 2026•OG&E, Hallador Energy, Tennessee Valley Authority, AES and 2 others
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US court sends $4 billion LNG legal battle back to Virginia state courtOffshore Energy•Apr 30, 2026•AES
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AES Colombia Invests Over $10 Billion for Electricity in 800 Families in La GuajiraEL TIEMPO•Apr 29, 2026•AES
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