May 06, 2016 2:07 PM ET

Electric Utilities

Company Overview of AES Energy Storage, LLC

Company Overview

AES Energy Storage, LLC engages in power generation. The company was incorporated in 2007 and is based in Arlington, Virginia. AES Energy Storage, LLC operates as a subsidiary of The AES Corporation.

4300 Wilson Boulevard

Suite 1100

Arlington, VA 22203

United States

Founded in 2007

Phone:

703-522-1315

Key Executives for AES Energy Storage, LLC

President
Compensation as of Fiscal Year 2015.

AES Energy Storage, LLC Key Developments

AES Energy Storage and Mitsubishi Corporation Sign an Alliance Agreement

The AES Corporation, through its subsidiary, AES Energy Storage, and Mitsubishi Corporation have announced the signing of an alliance agreement under which Mitsubishi will work with AES and its local partners to offer the Advancion energy storage platform in Asia and Oceania. The agreement is part of an AES initiative with select leading companies to ensure global availability of the Advancion energy storage platform. Energy storage enables utilities, industrial and commercial customers, independent power producers, and power system operators to efficiently integrate renewable energy, replace conventional peaking generation capacity and reduce the need for expensive transmission and distribution investments. The energy storage market has entered a new growth phase and Navigant Research projects that more than 11 GW of energy storage capacity will be installed annually by 2020 in 22 countries.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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