| Notes |
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 an additional three plants in three states in the US, and began looking for opportunities to take our financing, construction and operational know-how global.
In the early 1990’s, as markets opened up globally, AES began generating electricity in the United Kingdom, soon followed by Argentina, Pakistan, China, Hungary, Brazil and other emerging markets worldwide. 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 in the US and biomass conversions in Hungary. And we have continued to expand into burgeoning markets worldwide—to Qatar, Oman, Sri Lanka, Cameroon—and more recently to Bulgaria, where we are building our single largest greenfield project investment to date, and the first large scale plant to be built in that country in 20 years.
[ Retrieved on 18 FEB 2008 - http://www.aes.com/aes/index?page=history ] |