Most of these incentives came through state tax credits, which accounted for about 67% of the incentives obligated by the IEDC.
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Indiana regulators are considering a request to ban all bets on the performances of individual college athletes.
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IURC Chair Anthony Swinger promised to exercise a “healthy skepticism” of rate requests from utilities.
The move follows Indiana Gov. Mike Braun’s demotion of IURC Chairman Andy Zay after the agency approved an AES rate hike.
Invenergy, the nation’s largest privately held power producer, is set to receive $765 million as part of a settlement cancelling four offshore wind projects.
Thursday’s order came following multiple public disclosures from the utility companies that the plants subject to the Energy Department’s orders were either losing money or had expensive operational issues.
The state of Indiana will be included in a report by the Washington-based Brookings Institution that also highlights New York, California and Virginia.
In a joint statement with Abby Gray, head of the state’s Office of Utility Consumer Counselor, Braun called the Indiana Utility Regulatory Commission’s decision “unacceptable.”
Gov. Mike Braun said he was “deeply disappointed” by the IURC’s approval of an AES rate increase.
The initial settlement agreement called for the collection of about $90 million, an amount that was opposed by the state’s consumer advocate and a ratepayer watchdog group.
Goodrich, a former state representative, has been CEO of Indianapolis-based Gaylor Electric Inc. since 2018.
Toyota Automated Logistics is also in the process of moving its headquarters for the Americas to Noblesville from Carmel.
It has been a busy few months for First American Nuclear Co., which late last year announced it would move its headquarters to Indiana and build its first nuclear reactors in the state.
If fulfilled, the proposed agreements signal an end for some potential legal roadblocks to the development of the Citizens-Lebanon Water Supply Program.
The rules address requirements for both child care centers and homes. They are designed to support both new and existing businesses while maintaining “the highest standards of health and safety for children,” the governor’s office said in a press release.
Indiana Gov. Mike Braun said there would likely be another suspension that goes until early August as well.
The Creative Economy Leadership Alliance Inc., or CELA, aims to elevate the voice of the creative industry in legislative, policy and economic development conversations.
Mickey Shuey and The NFL franchise has been considering going across the state line into Hammond for its planned $2 billion stadium and surrounding mixed-use development since December.
Carmel-based Midcontinent Independent System Operator included natural gas power plants proposed by Merrillville-based NIPSCO and Terre Haute-based Hallador Power Co. on a list of seven that are set to be considered.
The $3.45 billion transaction, which includes two other power plants, still requires federal approval and faces a challenge related to market competition concerns.
Allison Transmission completed its purchased of Fort Wayne-based Dana Inc.’s Off-Highway Drive & Motion Systems business for $2.7 billion at the beginning of 2026.
The power needed to operate data centers has increasingly drawn public scrutiny to the projects. But a draw from the power grid is just one of the energy issues at play.
