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AES Arabia history
AES Arabia company history timeline
1988: Pioneering the model of Independent Power Producer (IPP), AES became the first and largest IPP in the US with three cogeneration plants in operation in California (Placerita), Pennsylvania (Beaver Valley) and Texas (Deepwater)
1991: Going public with investors, AES listed on the New York Stock Exchange (NYSE: AES)
1994: Dennis Bakke became AES’ second CEO as the company continued its international expansion
2002: Paul Hanrahan became AES’ third CEO as the company made its first investments in wind and solar
2005: Seeing a greener energy future for the world, AES made an investment in wind generation, acquiring SeaWest, one of the largest wind companies in the US and starts its expansion into cleaner energy sources
2008: Phil Odeen became AES’ third Chairman of the Board
2011: Together with the Philippines, AES became the first company to win two Edison Electric Institute Awards within a five-year period for its world-class turn-around of the Masinloc facility in the Philippines
2011: Expanding its focus on retail customers, AES reached an agreement to acquire DP&L in Ohio
2013: Charles Rossotti became AES’ fourth Chairman of the Board
2015: Expanding its distributed energy capabilities, AES acquired Mainstreet Power to add distributed solar resources to its portfolio in the rapidly expanding distributed solar market
2017: Seeing the future in solar, AES acquired sPower, the largest independent solar developer in the US with Alberta Investment Management Co (AIMCo)
2018: Jay Morse became AES’ fifth Chairman of the Board
2019: Developing the most comprehensive suite of customer-facing solutions for electric and gas utilities, AES announced the merger of Simple Energy with Tendril to form the digital energy management company, Uplight
2020: Being recognized for our people being our energy, AES named to the Fast Company List of the Best Workplaces for Innovators Sept 2020: Dayton Power & Light announced Smart Operations Center in Ohio, the first of its kind in the United States
Nov 2020: AES achieved its 2020 coal reduction target by reducing energy generation from coal to less than 30% Nov 2020: AES attained second investment grade rating
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Zippia gives an in-depth look into the details of AES Arabia, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AES Arabia. The employee data is based on information from people who have self-reported their past or current employments at AES Arabia. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by AES Arabia. The data presented on this page does not represent the view of AES Arabia and its employees or that of Zippia.
AES Arabia may also be known as or be related to AES ARABIA LTD, AES Arabia, AES Arabia Ltd and Aes Arabia Ltd.