Arlington, Virginia-based The AES Corporation (AES) operates as a power generation and utility company. Valued at a market cap of $10.6 billion, the company operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies, and owns or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” AES fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the diversified utilities industry.
