AES Distributed Energy
Provides sustainable long-term distributed solar power solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $341m | Debt | |
| Total Funding | 000k | ||
AES Distributed Energy operates as a key business unit within The AES Corporation, a Fortune 500 global energy company. The firm specializes in developing, owning, and operating distributed energy resources, with a significant focus on commercial and utility-scale solar photovoltaic (PV) systems and energy storage solutions across the United States. Its establishment was notably bolstered by the acquisition of Main Street Power Company in February 2015, which expanded AES's capabilities in the distributed solar market.
The company's core business involves providing turnkey, reliable, and affordable clean energy projects. AES Distributed Energy serves a diverse client base that includes schools, municipalities, utilities, corporations, and other commercial and industrial customers. The business model centers on developing, financing, owning, and operating these energy systems, often utilizing Power Purchase Agreements (PPAs). This structure allows clients to benefit from sustainable energy without requiring upfront capital investment, as they purchase the generated power over a long-term contract. Revenue is primarily generated through these electricity sales. The company focuses on the wholesale distributed generation (WDG) market, where energy is sold directly to utilities on a wholesale basis.
AES Distributed Energy's service offerings are comprehensive, covering the entire project lifecycle from pre-development capital and construction to permanent debt and project equity. Its portfolio includes a variety of solutions such as on-site generation, community solar projects, and microgrids designed for energy resilience. The company leverages its parent corporation's extensive financial expertise and global capital market access to offer efficient financing structures. By partnering with engineering, procurement, and construction (EPC) contractors and equipment manufacturers, AES Distributed Energy delivers integrated renewable energy solutions. The unit plays a strategic role in AES Corporation's broader commitment to decarbonization and the global transition toward a cleaner energy infrastructure, developing projects that help states and corporations achieve their sustainability goals.
Keywords: distributed energy resources, commercial solar, utility-scale solar, energy storage solutions, power purchase agreement, PPA, wholesale distributed generation, clean energy financing, renewable energy development, turnkey solar projects, community solar, corporate renewable energy, municipal solar, AES Corporation, sustainable energy, solar PV systems, microgrids, grid services, energy project finance, alternative energy