| The AES Corporation and its subsidiaries and affiliates are a global power engaged in electricity generation. AES' electricity generation business consists of sales to wholesale customers (generally electric utilities, regional electric companies or wholesale commodity markets known as power pools) for further resale to end users. AES also sells electricity directly to end users such as commercial, industrial, governmental and residential customers through its distribution business. In its generation business, AES operates and owns (entirely or in part) a diverse portfolio of electric power plants. AES also is currently in the process of adding to its operating portfolio through its construction of new |