Name

AES Chile

Legal name

The AES Corporation

Website

https://aeschile.com

Company type

Public

Founded year

1889

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

akta.pro secondary industries

Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), Renewable Monitoring, Controls & SCADA Hardware Manufacturing (Sensors, RTUs, Meters) (EUAMAHAJ)

Keywords

• Renewable energy generation
• Battery energy storage
• Power purchase agreements
• Solar power generation
• Wind power generation

Headquarters

HQ city

Arlington

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Supply Chain

Revenue model

1. Power Generation and Sale: AES Chile generates and sells electricity through its portfolio of hydroelectric, wind, solar photovoltaic, battery storage, and thermal power plants. Revenue is derived from long-term power purchase agreements (PPAs) and merchant power sales to utilities, industrial customers, and commercial enterprises.
2. Energy Storage Services: Battery storage systems provide grid services including peak shaving, load balancing, and renewable energy integration, generating revenue through capacity payments and energy arbitrage.
3. Sustainable Energy Solutions: AES Chile offers sustainability and decarbonization solutions to corporate customers, including RE100-aligned renewable energy and storage packages for companies seeking to meet sustainability targets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

AES Chile operates renewable energy generation assets including solar photovoltaic, wind, hydroelectric, and battery energy storage systems, selling electricity to utilities and corporate customers primarily under long-term power purchase agreements (PPAs). The company is a subsidiary of AES Andes and part of The AES Corporation, focused on Chile's renewable energy transition with a diversified portfolio of generation assets.

Product overview

AES Chile operates as part of AES Andes, a diversified power generation company active across Chile, Colombia, and Argentina. Its product portfolio centers on utility-scale renewable energy generation (solar photovoltaic and wind), large-scale battery energy storage systems (BESS), and advanced transmission infrastructure. Key assets include the Andes Solar Hub (Latin America's largest solar and storage complex), individual wind farms (San Matías), and acquired solar plants (Atacama Solar). Storage is delivered both through proprietary deployment and via the Fluence joint venture (with Siemens). Energy efficiency services are offered through the company's significant stake in Uplight, a cloud-based digital platform serving utility distributors. Beyond generation, the company maintains community partnership programs and an ethics and compliance helpline. The overall architecture is a platform of co-located generation-plus-storage hubs plus standalone assets, supported by digital tools for suppliers and efficiency customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Andes Solar Hub
• San Matías Wind Farm
• Atacama Solar Plant
• Cristales Solar and Storage Project
• Pampas Hybrid Project
• Battery Energy Storage Systems (BESS)
• Advanced Energy Networks
• Fluence Energy Storage Solutions

Quantifiable outcome

• AES Andes operates 5,717 MW across Chile, Colombia, and Argentina
• +5 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• SonnedixminorStrategic or Co-development Partner · 9 January 2025AES Pacífico Chile SpA acquired the Atacama Solar photovoltaic plant (171 MWp) from global renewable energy producer Sonnedix. Sonnedix is a global renewable energy producer with over 11 GW of total capacity and a development pipeline of more than 6 GW across multiple countries. Pan American Finance acted as exclusive financial advisor to Sonnedix for the transaction.
• Pan American FinanceminorOthers · 9 January 2025Pan American Finance acted as exclusive financial advisor to Sonnedix for the Atacama Solar transaction.
• Focus ConsultingminorStrategic or Co-development Partner · 27 August 2024Focus consulting was the partner that trained teachers on new digital tools for the Ilumina El Cajón program, which provided tablets and internet connectivity to students in San José de Maipo during the COVID-19 pandemic.
• Instituto Profesional AIEPcoreStrategic or Co-development Partner · 11 August 2024Fundación AES Chile and AIEP signed a collaboration agreement to develop programs for employability, innovation, and entrepreneurship support, SME support, community engagement, and development across various Chilean municipalities. The agreement extends a prior relationship started in Los Ángeles (Biobío region) where AES has wind farms. AIEP makes its facilities available for Fundación AES Chile activities benefiting local communities.
• Municipalities (Tocopilla, Puchuncaví, Los Ángeles, Mejillones)coreStrategic or Co-development Partner · 1 January 2022AES Chile partners with multiple Chilean municipalities for community development programs including the Fondo Concursable Puchuncaví (4,711 UF grant fund), Plaza La Colonia in Tocopilla, reforestation programs, community infrastructure projects, and emergency relief efforts. These partnerships address local community needs in the areas where AES operates.
• UplightcoreTechnology or IntegrationAES holds a significant participation in Uplight, a B-Corp and global leader in cloud-based digital energy efficiency services. Uplight works with over 80 distributors and is the largest technology solutions provider dedicated to energy ecosystems. Uplight's programs have saved customers and the environment more than 5.3 TWh of electricity usage.
• Siemens (via Fluence Joint Venture)coreStrategic or Co-development PartnerAES and Siemens operate Fluence, a joint venture that is a global leader in energy storage. AES is a global pioneer in lithium-ion battery storage technology for over a decade, with nearly half of all company initiatives including a storage component.
• Fundación AES ChilecoreStrategic or Co-development PartnerFundación AES Chile manages social investment programs including the Fondo Concursable Puchuncaví, community development initiatives, education programs, and the Women's with Energy internship program. It coordinates with municipalities and local organizations across AES Chile's areas of operation.

Scale indicators23 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Enel Chile: Enel Chile is the country's largest integrated electric utility and renewable generator, operating a multi-GW portfolio of hydro, solar, and wind plus transmission assets. It is the most direct comparator to AES Chile on Chilean generation mix, regulated/non-regulated sales, and RE100 PPA origination.
• Engie Energía Chile: Engie Energía Chile operates a diversified generation fleet (renewables, gas, coal) in Chile and is exiting coal while scaling solar and wind. Directly comparable to AES Chile on decarbonization roadmap, BESS deployment, and corporate PPA activity in the Chilean market.
• Colbún: Colbún is one of Chile's largest privately held power generators with a balanced hydro/thermal/renewable portfolio and active BESS pipeline. Comparable to AES Chile on utility-scale generation, asset rotation toward renewables, and Chilean merchant/PPA revenue mix.
• Sonnedix: Sonnedix is a global solar IPP (>11 GW operating, 6 GW pipeline) that sold the 171 MWp Atacama Solar plant to AES Chile in 2025. Directly comparable on Chilean utility-scale solar development and project rotation between operators.

Broad incumbents

• AES Andes: AES Andes is the regional parent operating 5,717 MW across Chile, Colombia, and Argentina. It is the direct regional holding entity for AES Chile and is comparable on portfolio scale, technology mix, and capital allocation toward renewables and storage.
• Iberdrola: Iberdrola is a global renewable leader with a large LatAm presence (Brazil, Mexico) and an extensive BESS build-out. Comparable to AES Chile on offshore/onshore wind, solar+storage hybrid projects, and corporate PPA origination strategy.
• Engie (Global): Global Engie is a major IPP exiting coal and scaling renewables and storage worldwide. Comparable to AES Chile on coal retirement pace, hybrid PPA structuring, and decarbonization-driven capital reallocation.
• NextEra Energy Resources: NextEra Energy Resources is the world's largest wind and solar generator with deep battery storage expertise. Comparable to AES Chile on co-located storage, scale-driven cost advantage, and corporate clean-energy procurement.
• Acciona Energía: Acciona Energía is a major global renewable developer with a meaningful LatAm footprint and a strong BESS and hybrid project pipeline. Comparable to AES Chile on multi-GW renewable build-out and corporate PPA strategy in Latin America.

Emerging players

• Mainstream Renewable Power: Mainstream Renewable Power is a developer focused on wind and solar across Chile and other LatAm markets with a sizable GW-scale pipeline. Comparable to AES Chile on greenfield development pipeline and Chilean auction participation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AESEnChile
• LinkedInlinkedin.com/company/aesandes

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AES Chile