AES Andes
AES Andes S.A., formerly AES Gener S.A., is a producer and distributor of electricity based in Santiago, Chile. It is a subsidiary of American Company AES Corporation which operates in South America's Andes region. History. The business, formerly known as Chilectra Generacion, was first incorporated via public deed by the federal government in 1981. In 1987, Chilectra was divided into three independent companies: two distributors ("Chilectra" and "Chilquinta") and a generator and distributor ("Chilgener"). The majority stake of Chilgener was acquired by AES in the year 2000, as part of a financial transaction that led to the  company being renamed "AES Gener". On 23 April 2021, shareholders of the company agreed to change its name again to "AES Andes". Properties. AES Andes owns several engineering plants across the Andes, several of which run off hydroelectric or thermoelectric power. These properties are predominantly operated by regional subsidiaries of AES, such as "Norgener S.A.", "Alto Maipo SpA", and "Sociedad Electrica Santiago". Some of their most important assets include the following: