AES Clean Technology history

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)

1989: Caring for our carbon before it was common, AES created the first documented carbon offset program in the US by planting 52 million trees in Guatemala to offset carbon emissions from a plant in Connecticut

1991: Going public with investors, AES listed on the New York Stock Exchange (NYSE: AES)

1992: Expanding on our work in the US, AES extended its business globally for the first time to broaden our impact

1994: Dennis Bakke became AES’ second CEO as the company continued its international expansion

Ft. building purchased by the company in 1999.

2001: Focusing on improving lives, AES entered the retail customer arena with the acquisition of IPL in Indiana

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

In 2007, the company was honored as the cleanroom contractor for the 2007 ISPE Facility of the Year category winner for Project Integration – Cook Pharmica, Inc.

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

2012: Working together with Chile, AES received an Edison Electric Institute Award for its hybrid plant model for the future combining energy storage with conventional generation

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: Applying technologies with Measure, AES scaled its drone program to improve safety and increase efficiency

2018: Jay Morse became AES’ fifth Chairman of the Board