Utilities

Ballard mimics Major Moves infrastructure-improvement plan

April 3, 2010
Peter Schnitzler
So far, in discussing his plan to sell the city's water and sewer utilities, Mayor Greg Ballard has emphasized the impact on utility rates, the $1.5 billion in city debt Citizens would assume, and the chance to improve streets and sidewalks. But Ballard also has another key objective: business attraction and expansion.
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City utility deal treads in murky watersRestricted Content

April 3, 2010
Chris O'Malley
A $1.9 billion proposal to sell the city’s water and sewer utilities splashed into public view last month, but some financial details settling at the bottom line could make the deal harder to swallow.
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Department of Waterworks chief to address canal concerns

March 27, 2010
 IBJ Staff
Matthew 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.
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Citizens says buying water, sewer systems won't harm bond ratingRestricted Content

March 13, 2010
Chris O'Malley
Citizens Energy Group's plan to buy the city's water and sewer systems will require the utility to raise $262 million in new bond debt and inherit $1.5 billion in debt. Yet Citizens executives maintain the financial load should not impair the bond ratings of its principal utilities, Citizens Gas and Citizens Thermal.
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Official: Promised rate reduction key in $1.9B city water, sewer deal

March 10, 2010
Chris O'Malley
Cost 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.
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PANEL: Progress is being made on environmental issues in state

March 6, 2010
New Watch Video iconExperts say Indianapolis is moving forward on recycling, that environmental research is discovering promising technologies, and that manufacturers are finding new things to make. Local cognoscenti from the green community testify to these developments in five included videos.
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IPL retirees, union continue fight over plan funding

March 3, 2010
Chris O'Malley
Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could cost utility $100 million.
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Regulatory job prompts Mays to resign as Recorder publisher

February 24, 2010
Carolene Mays plans to leave the Indianapolis newspaper after being named to the Indiana Utility Regulatory Commission.
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Mays named to Indiana Utility Regulatory Commission

February 17, 2010
Associated Press
Gov. Mitch Daniels has appointed former Democratic state Rep. Carolene Mays of Indianapolis to the Indiana Utility Regulatory Commission.
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IPL sues engineering consultant over Eagle Valley discharge

February 6, 2010
 IBJ Staff
Indianapolis Power and Light Co. is suing its engineering consultant over an industrial accident that spilled 30 million gallons of polluted water into White River.
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IPL retirees lose appeal over retirement benefits

January 29, 2010
Chris O'Malley
Indiana Court of Appeals upholds utility commission ruling favorable to IPL. Although court does "not condone" IPL's action in the retirement benefits case, it gives deference to the commission.
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Bill would give CO2 pipeline firms right to take private land

January 25, 2010
Chris O'Malley
A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane plant proposed in Rockport.
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Duke Energy to trim Midwest work force, expenses

January 19, 2010
 IBJ Staff and Associated Press
Duke Energy is offering buyouts to employees as it moves some corporate functions performed in two Midwest offices, including its central Indiana office in Plainfield.
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With utilities under pressure, shareholders unite

January 16, 2010
 IBJ Staff
The Indiana Utility Shareholders Association aims to be the “collective voice” of investors in four of the big utilities operating in Indiana.
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IPL: Changing tree-trimming policy could cost utility $100M

January 13, 2010
Scott Olson
Indianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part of a hearing investigating complaints that the utility's tree-trimming policies are too aggressive.
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Bill could pave way for Indiana nuclear power plantsRestricted Content

January 9, 2010
Chris O'Malley
The word “nuclear” isn’t even mentioned, but Senate Bill 69 is a virtual launch code for reviving attempts at commercial nuclear power in Indiana.
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Renewable power focus of utility reform in 2010 LegislatureRestricted Content

January 2, 2010
Chris O'Malley
The Hoosier Environmental Council and Citizens Action Coalition see an expansion of the state’s “net metering” policy as achievable during the short legislative session that starts Jan. 5.
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Duke Energy seeks less for study related to Edwardsport plant

January 2, 2010
 IBJ Staff
The utility that asked state regulators permission to have customers pay $121 million for a geological study now seeks $42 million.
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Upgrade money for former coke plant goes to community projects

December 30, 2009
Staff Report
Citizens Energy Group is redirecting to community groups more than $413,000 that it was to spend on environmental upgrade projects at its former coke oven facility in Indianapolis, which closed in 2007.
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City tries to raise cash by privatizing operations

December 26, 2009
Peter Schnitzler
Indianapolis Mayor Greg Ballard pulled out his predecessor Steve Goldsmith's Republican playbook and began exploring a host of privatization proposals in an effort to save money.
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Hoosier Energy avoids financial brownoutRestricted Content

December 12, 2009
Chris O'Malley
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute that had threatened to plunge the utility into bankruptcy.
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Boone County shoots down $35M rezoning plan

December 8, 2009
 IBJ Staff
Carmel-based Midwest Independent Transmission System Operator said it would continue to scout for sites in the Indianapolis area.
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Miller Pipeline purchases Illinois-based contractor

December 7, 2009
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc., marking the company’s fifth acquisition in the past four years.
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Duke Energy wants ratepayers to fund carbon dioxide storage site studyRestricted Content

December 5, 2009
Chris O'Malley
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
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Carmel buying 12 acres for new well field

December 1, 2009
Cory Schouten
The city of Carmel has agreed to buy about 12 acres adjacent to the Mansion at Oak Hill for a new well field.
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