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AES operates power generation facilities worldwide. And across these facilities, we innovate — from helping lead
the way in wind and solar, to pioneering cleaner technologies for coal-fired facilities and revitalizing plants through
Our power plants sell electricity to utilities, wholesalers and commercial buyers through both long-term contracts
and in competitive markets.
As an independent publicly traded company, AES must answer to its shareholders. Our shareholders will require
a long-term contract to supply electricity to approve the financing of a new plant on our private land in Redondo Beach.
And if Californians, including you and our neighbors in Redondo Beach, do not need the electricity from our
Redondo Beach power plant, there will be no contract and no modernized facility.