AES Andes

Last updated
AES Andes S.A.
FormerlyAES Gener S.A.
Type Public subsidiary
BCS: AESANDES
Industry Utility
Founded1921;103 years ago (1921)
Headquarters,
Key people
  • André Gluski Weilert (Chairman)
  • Ricardo Manuel Fal (CEO)
Products Electricity generation.
RevenueIncrease2.svg US$ 2.3 billion (2012)
Decrease2.svg US$ 202.9 million (2012)
Number of employees
421
Parent AES Corporation (99%)
Website aesandes.com/en
Footnotes /references
[1] [2]

AES Andes S.A., formerly AES Gener S.A., is a producer and distributor of electricity based in Santiago, Chile. It is a subsidiary of American Company AES Corporation which operates in South America's Andes region.

Contents

History

The business, formerly known as Chilectra Generacion, was first incorporated via public deed by the federal government in 1981.

In 1987, Chilectra was divided into three independent companies: two distributors (Chilectra and Chilquinta) and a generator and distributor (Chilgener). [3] The majority stake of Chilgener was acquired by AES in the year 2000, as part of a financial transaction that led to the company being renamed AES Gener. [4]

On 23 April 2021, shareholders of the company agreed to change its name again to AES Andes. [5]

Properties

AES Andes owns several engineering plants across the Andes, several of which run off hydroelectric or thermoelectric power. These properties are predominantly operated by regional subsidiaries of AES, such as Norgener S.A., Alto Maipo SpA, and Sociedad Electrica Santiago. Some of their most important assets include the following: [6] [7]

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References

  1. "PRN Newswire".
  2. http://www.aesgener.cl/Paginas/Historia.aspx Archived 2018-06-13 at the Wayback Machine . Retrieved June. 12, 2018
  3. "AES Corporation, Form 10-K, Annual Report, Filing Date Feb 27, 2012". secdatabase.com. Retrieved January 3, 2013.
  4. "Cambio de razón social y código nemotécnico de las acciones de AES Gener S.A., hoy denominada AES Andes S.A." [Change of company name and stock code of the shares of AES Gener S.A., now called AES Andes S.A.](PDF). Santiago Stock Exchange (in Spanish). 2021-08-06. Archived (PDF) from the original on 2021-08-14. Retrieved 2021-08-14.
  5. "Norgener Foreign Investment SpA" . www.Bloomberg.com. Retrieved 2020-03-01.
  6. "Alto Maipo SpA" . www.Bloomberg.com. Retrieved 2020-03-01.
  7. Team, Our Energy Storage. "AES Combines Advanced Battery-Based Energy Storage with a Traditional Power Plant". blog.fluenceenergy.com. Retrieved 26 March 2019.
  8. Peltier, Robert. http://www.powermag.com/plant-of-the-yearaes-geners-angamos-power-plant-earns-powers-highest-honor/ "Plant of the Year: AES Gener’s Angamos Power Plant Earns POWER’s Highest Honor", POWER Magazine. August 1, 2012. Accessed June 12, 2018.
  9. Dvorak, Paul. "Parker Hannifin and AES deploy large-scale energy storage system in Chile". February 16, 2017. Accessed June 12, 2018.
  10. http://energystorage.org/energy-storage/case-studies/aes-energy-storage-angamos-battery-energy-storage-system-bess Archived 2018-06-13 at the Wayback Machine . "AES Energy Storage Angamos Battery Energy Storage System". Energy Storage Association. http://energystorage.org/energy-storage/case-studies/aes-energy-storage-angamos-battery-energy-storage-system-bess Archived 2018-06-13 at the Wayback Machine . Accessed June 12, 2018.
  11. https://www.mitsubishicorp.com/jp/en/pr/archive/2012/html/0000017806.html "First Independent Power Project in Chile". November 30, 2012. Accessed June 12, 2018.
  12. Dvorak, Paul. https://www.windpowerengineering.com/business-news-projects/parker-hannifin-aes-deploy-large-scale-energy-storage-system-chile/. "Parker Hannifin and AES deploy large-scale energy storage system in Chile". February 16, 2017. Accessed June 12, 2018
  13. Reuters "Chile AES Gener brings in fund as partner on Guacolda power plant". Reuters. March 28. 2014. Accessed June 12. 2018.
  14. Poindexter, Gregory. http://www.hydroworld.com/articles/2017/11/new-agreement-could-help-construction-resume-on-alto-maipo-hydro-complex-in-chile.html "New agreement could help construction resume on Alto Maipo hydro complex in Chile". :HydroWorld.com:. November 29, 2017. Accessed June 12. 2018
  15. https://s2.q4cdn.com/825052743/files/doc_downloads/Fact%20Sheet/2017/08/08-10-17-Q2-2017-Fact-Sheet_FINAL.pdf. ""The AES Corporation Fact Sheet: As of August 8, 2017. , p. 12. August 10, 2017. Accessed June 12, 2018.