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Indianapolis Department of Waterworks
Citizens Energy projects bigger savings from deal
March 3, 2012
Cost-savings tied to the purchase of the city's water and sewer utilities are also expected to be realized sooner than predicted.
MoreCitizens Energy gets interest-rate bargain on bonds sold for utility purchase
August 27, 2011
IBJ StaffStock-market swoon contributes to favorable terms on purchase of city's water, sewer systems.
MoreRegulators approve Indianapolis water utility transfer
July 13, 2011
Francesca JaroszState regulators on Wednesday approved a proposal to transfer control of Indianapolis’ water and sewer utilities to
a local not-for-profit trust. The $1.9 billion sale will put management of the utilities into the hands of Citizens Energy
Group.
MoreIndustrial support for utility sale to cost $1.5 million
April 29, 2011
IBJ StaffThe price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of
the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
MoreSettlement caps Citizens Energy customers' deal fees
April 23, 2011
Chris O'MalleyRatepayers would pay no more than $14 million to cover charges associated with Citizens' purchase of Indianapolis water and
sewer utilities. Some say the capped amount is too much.
MoreIndiana OKs 26-percent Indianapolis water increase
February 2, 2011
IBJ Staff and Associated PressRegulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission
announced Wednesday, less than the 33.4-percent increase requested.
MoreWater employee: Veolia falsified records to get bonuses
December 28, 2010
Chris O'MalleyTestimony is part of effort to deny Veolia Water $29 million contract termination fee as part of utility sale. Group claims
salaried employees owed millions of dollars.
MoreGroup opposes city plan to pay water manager Veolia $29M
December 20, 2010
Chris O'MalleyThe city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia
is out after city sells the water company to Citizens Energy Group.
MoreCouncil advances utilities transfer proposal
July 27, 2010
IBJ Staff and Associated PressCity-County Council members voted 19-10 Monday night to approve Republican Mayor Greg Ballard’s $1.9 billion plan to
transfer Indianapolis’ water and sewer utilities to Citizens Energy Group.
MoreKey vote ahead for utilities transfer
July 26, 2010
IBJ StaffA plan to transfer the city's water and sewer utilities to Citizens Energy Group faces a key vote Monday night at a meeting
of the City-County Council.
MoreWater, sewer utility sale passes another hurdle
July 20, 2010
IBJ StaffSale of city's water and sewer utilities faces showdown on Monday with full council vote.
MoreWater, sewer sale clears another hurdle
June 11, 2010
IBJ StaffThe $1.9 billion deal still needs the OK of the City-County Council and state regulators.
MoreBusiness groups bless Mayor Ballard's utility sale plan
May 22, 2010
IBJ StaffGreater Indianapolis Chamber of Commerce and Builders Association of Greater Indianapolis support sale of water, sewer utilities.
MoreVeolia concessions worry regulators
May 8, 2010
Chris O'MalleyTestimony filed in Indianapolis Water Co.'s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.
MoreWaterworks board wants outside review of mayor's utility plan
April 23, 2010
Chris O'MalleyThe waterworks board's plan to hire outside consultants to study the proposed sale of Indianapolis Water could delay the deal.
MoreCity approval of Citizens Energy deal could come in May
April 10, 2010
IBJ StaffCitizens Energy should have completed the majority of its due diligence of the city’s water and sewer utilities, which
it plans to acquire, by the end of this month.
MoreDepartment of Waterworks chief to address canal concerns
March 27, 2010
IBJ StaffMatthew Klein has agreed to serve on a panel discussion concerning the canal: “Indy’s Central Canal—public
resource
or private pipeline?” during the Indiana University Law Environmental Symposium, April 1 at IUPUI’s Inlow Hall.
MoreOfficial: Promised rate reduction key in $1.9B city water, sewer deal
March 10, 2010
Chris O'MalleyCost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis'
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
MoreCitizens Energy to take over city's water, sewer utilities
March 10, 2010
IBJ StaffThe agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens
has agreed to assume $1.5 billion in debt associated with the utilities.
MoreCompanies reap rewards on irrigation investments
November 7, 2009
Brock BenefielMike’s Express Carwash uses a lot of water. There’s just no getting around it. So when automated systems engineer
Ryan Binkley looked for ways to conserve resources, he focused on the company’s irrigation systems.
MoreConsultant: Indianapolis water utility lax in overseeing Veolia
October 17, 2009
Chris O'MalleyThe city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.
MoreEDITORIAL: City water utility in over its head
October 17, 2009
As missteps by the city’s water utility threaten to drown local ratepayers with dramatically higher bills, Mayor
Greg Ballard’s administration is exploring a complete overhaul of the system. The mayor’s initiative can’t
produce results soon enough.
MoreCity receives host of sale, privatization ideas for water, sewer utilities
October 3, 2009
Chris O'MalleyOfficials grappling with a water utility deep in debt and a sewer infrastructure needing upwards of $2 billion in
upgrades were swamped with proposals about how to fix the mess.
MoreWaterworks proposes 35-percent rate hike
September 30, 2009
Chris O'MalleyThe Indianapolis Department of Waterworks today unveiled a capital-improvements proposal that would raise water rates for
the average residential customer by 35 percent, or $8 a month.
MoreToll road operator among water-utility suitors
September 29, 2009
Chris O'MalleyAmong 23 firms that have expressed interest in operating Indianapolis’ water and sewer systems is Macquarie, the Australian
firm that operates the Indiana Toll Road under a 75-year, $3.8 billion lease. In July, the city asked companies to express
interest in operating the systems.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.