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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 226
Company Information
Name: The AES Corporation
Industry: Electric Utilities
Description: AES is a leading global power company comprised of contract generation, competitive supply, large utilities and growth distribution businesses.
Financial Summary: The AES Corp. operates and owns a diverse portfolio of electric power plants. For the 3 months ended 3/31/05, revenues rose 17% to $2.65B. Net income from cont. ops. and before acct. change increased 80% to $133M. Revenues reflect new operations from greenfield projects, favorable weather conditions and improved electricity prices. Net income also reflects higher interest income and equity in earnings of affiliates.
Business Summary: The AES Corporation is a holding company that, through its subsidiaries, builds, acquires, owns and operates power generation, and electricity distribution facilities worldwide. The Company is organized along two principal lines of business: generation and utilities. The generation business comprises of AES's contract generation and competitive supply segments. These segments generate and sell electricity and related products to utilities or other wholesale or commercial buyers. The utilities business comprises its large utilities and growth distribution segments. These segments sell electricity to residential, business and municipal customers, typically through integrated transmission and distribution systems. The Company's generating assets include interests in 120 facilities in 25 countries totaling approximately 44 gigawatts of capacity. AES's electricity distribution networks sell approximately 88,890 gigawatt hours per year.
Misc Details
Symbol: AES
City: Arlington
State: VA
ZIP Code: 22203
Address: 4300 Wilson Boulevard
11th Floor
Phone: 703-522-1315
Fax: 703-528-4510
Website: http://www.aes.com
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