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Utilities
Colleges could be banned from using tax funds for marketing
April 19, 2012
Bloomberg NewsFor-profit U.S. colleges, including Carmel-based ITT Educational Services Inc., would be barred from spending federal taxpayer
money on advertising, marketing and recruiting under a Senate bill targeting the education-based businesses.
MorePurchase of city water utility lifts Citizens Energy's profits
April 7, 2012
Chris O'MalleyThe $1.9 billion sale of the city’s water and sewer utilities was a profit gusher last year for buyer Citizens Energy
Group—at least on paper. Dwarfing the returns of its gas, thermal and other divisions, the newly renamed Citizens Water
turned a profit of $53.4 million.
MoreCitizens not ready to get behind historic designation for Central Canal
April 7, 2012
Chris O'MalleyPreservationists want protections for the historic waterway, but the utility that just bought it is afraid National Register
status will cause unintended consequences.
MoreCitizens 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.
MoreIndiana county OKs project for 80 wind turbines
March 2, 2012
Associated PressCharlottesville, Va.-based Apex plans to install the wind turbines in southern Wells County, about 100 miles northeast of
Indianapolis.
MoreCitizens Energy projects greater, faster savings from deal
February 28, 2012
IBJ StaffCitizens Energy Group says savings from combining the city’s water and sewer utilities will be 13 percent higher than
expected and come two years sooner than previously predicted.
MoreElectric-grid facility in Carmel suffers $11M in damages
February 16, 2012
Scott OlsonIn a filing earlier this month, the Midwest Independent Transmission System Operator Inc. told federal regulators that a mechanical
failure in September contaminated the data center.
MoreUtility exec: Coal-gas plant's 'time has passed'
February 14, 2012
Associated PressA utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's
shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."
MoreProLiance might go on block
January 14, 2012
Chris O'MalleyIndianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first
nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake
in the company.
MoreBill seeks elected utility consumer counselor
January 9, 2012
IBJ StaffA legislator is proposing that Indiana’s utility consumer counselor be elected rather than appointed by the governor.
MoreState unlikely to revive natural-gas grandeur
December 24, 2011
Sam StallIndiana was once the world’s capital for natural-gas production, but recent advances in drilling and resource-recovery
technology are not likely to revive those glory days anytime soon because of a combination of human-made and natural obstructions.
MoreEEOC alleges discrimination at Midwest ISO
December 23, 2011
Kathleen McLaughlinA Carmel-based power grid operator violated the Americans with Disabilities Act by firing a woman who suffered from post-partum
depression, the U.S. Equal Employment Opportunity Commission alleges in a lawsuit filed Friday.
MoreVectren locks out union workers in dispute
December 17, 2011
Associated PressVectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
MoreConsultant: IPL's downtown network needs closer eye
December 13, 2011
IBJ StaffAtlanta firm says IPL underground system "well designed and regularly maintained" but may need upgrades to avoid
more explosions.
MoreGrand jury indicts former state utilities chief Hardy
December 12, 2011
Chris O'MalleyDavid Lott Hardy, who was fired from his job as chairman of the Indiana Utility Regulatory Commission in 2010, is accused
of official misconduct.
MoreDowntown getting blast-resistant manhole covers
December 9, 2011
Associated PressUtility crews are installing about 100 new manhole covers in downtown Indianapolis that are designed to reduce the extent
of damage from underground explosions and fires.
MoreMidwest ISO announces $6.5B in electric grid improvements
December 8, 2011
The Carmel-based not-for-profit's long-term plan recommends 215 new transmission infrastructure projects to improve reliability
of its electric grid.
MoreJury awards $27M in damages over propane explosion
November 28, 2011
Associated PressA jury has held a utility liable for $27 million in damages over a propane explosion at a central Indiana horse farm that
killed a man and injured three family members.
MoreRegulators approve deal on $2.65B gasification plant
November 22, 2011
Associated PressIndiana regulators have approved plans for a $2.65 billion coal gasification plant at the Ohio River city of Rockport and
a state agency's 30-year contract to buy its synthetic natural gas.
MoreIndiana expands probe into Indy manhole blasts
November 21, 2011
Associated PressIndiana utility regulators are expanding a third-party review of Indianapolis manhole explosions to include the latest two
blasts.
MoreCitizens to convert downtown steam plant from coal to gas
November 16, 2011
IBJ StaffCitizens Energy Group plans to switch the primary power source for its Perry K Steam Plant in downtown Indianapolis from coal
to natural gas, the utility announced Wednesday. The conversion will cost about $9 million.
MoreU.S. high court takes Indianapolis sewer case
November 15, 2011
Michael W. Hoskins, IBJ StaffThe Supreme Court of the United States agreed Monday to review a case that questions whether the city of Indianapolis violated
the U.S. Constitution in how it handled refunds for residents who paid assessments on local sewer projects.
MoreSEC filing: Ex-IPL chief Murtlow qualified for large payout
November 12, 2011
Chris O'MalleyIndianapolis Power & Light chief Ann Murtlow left the utility this spring under terms of a separation agreement that would
have entitled her to at least $404,410, according to documents the utility filed Nov. 3 with the Securities and Exchange Commission.
MoreIndiana plant a drag on Duke Energy earnings
November 3, 2011
Associated PressDuke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling
at the same time that costs rose unexpectedly for a new plant in Indiana.
MoreZeroing in on net-zero energy in Indianapolis
October 22, 2011
Marc D. AllanThe Holy Grail of energy efficiency has yet to arrive, but pieces are falling into place.
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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.