AES Corporation is a holding company. Through its subsidiaries and affiliates, Co. operates a portfolio of electricity generation and distribution businesses. Co. owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. Also, Co. owns and/or operates utilities to generate or purchase, distribute, transmit and sell electricity to end-user customers in the residential, commercial, industrial and governmental sectors within a defined service area. In certain circumstances, Co.'s utilities also generate and sell electricity on the wholesale market. As of Dec 31 2012, Co. served about 12.2 million utility customers.
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