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For three decades, AES has helped drive energy sector growth and pioneered advances in many markets, generating global industry leadership from innovation and operational excellence. AES is a global power company with generation and distribution businesses across five continents. Founded in 1981, AES built its first power plant in 1985 in Texas, which was also one of the first competitive power plants in the United States. During AES’s first five years, we added three plants in the US, and began looking for opportunities to take our financing, construction and operational experience global. In the early 1990’s, as markets opened up globally, AES began generating electricity in the United Kingdom, and expanded to Argentina, Pakistan, China, Hungary and Brazil. An early mover, in 1998 we acquired a minority stake in a power plant in the first and only generation privatization in India. In West Africa and Central America, we have brought electricity to places that never knew reliable power, while electrifying urban centers, including São Paulo and Indianapolis. We have helped pioneer new pollution control technologies and biomass conversions while expanding — to Qatar, Oman, Sri Lanka, Cameroon—and more recently to Bulgaria, where we are building our single largest greenfield project investment to date. We have also brought renewable sources of energy to market through acquisition and development through AES Wind Generation in the US, China and Europe, and AES Solar Energy, LLC our JV with Riverstone Holdings. Today, through our portfolio of thermal and renewable fuel sources -- biomass, coal, diesel, gas, hydropower, solar, wind - we safely provide affordable and sustainable energy in 27 countries. Throughout our history, the people of AES have always stayed at the forefront of change, as a positive force in the energy sector as well as the communities in which we work and live. With significant global reach, deep local knowledge and distinctive operational skills, we are committed to operational excellence and to meeting the world's changing energy needs. |
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