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).[3] 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.[4]
On 23 April 2021, shareholders of the company agreed to change its name again to AES Andes.[5]