- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Water
Mayoral foe: Utilities sale money should fund 'human capital'
July 22, 2011
Francesca JaroszDemocratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale
of the city's water and sewer utilities to fund early education, crime prevention and job training.
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.
MoreCity seeks bids for $300M sewage tunnel system
May 9, 2011
Cory SchoutenCity officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground
tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
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.
MoreCitizens Energy agrees to document utility savings
April 13, 2011
Associated PressA not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of
the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
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.
MoreTouted Build America Bonds may not be available for utility deal
December 4, 2010
Chris O'MalleyCitizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
MoreVeolia losing water contract, will get $29M termination fee
October 28, 2010
Chris O'MalleyPlaying a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says.
Citizens plans to make job offers to "substantially all" Veolia employees.
MoreCustomer-service jobs likely casualty in utility merger
October 4, 2010
Chris O'MalleyConsultant finds 23 or so customer-service jobs may be unneeded after Citizens Energy acquires city water and sewer utilities.
Administrative jobs may also be on bubble, though most savings are from capital-related expenses.
MoreSmooth utility deal carries potential bonus for city
August 21, 2010
Chris O'MalleyIf Citizens Energy can successfully manage and mitigate over the next two years the city's lingering legal and contractual
obligations involving the water and sewer utilities Citizens is negotiating to buy, the city can hang onto an extra $25 million
in the deal.
MoreCity lands $13.8M more than expected from water deal
August 19, 2010
Chris O'MalleyThe city's AAA bond rating boosts proceeds to $153.8 million. It originally expected $140 million for street, bridge and
sidewalk projects.
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.
MoreGroup forms to protect Pleasant Run watershed
June 12, 2010
IBJ StaffLed by Sky Schelle, east-side residents have formed The Friends of Pleasant Run.
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.
MorePrivate water, sewer utilities propose sale to Cumberland
May 15, 2010
IBJ StaffGem Utilities Inc. and Gem Water Inc. have offered their sewer and water operations to the town of Cumberland for $6 million.
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 flush with energy-saving ideas for building
April 20, 2010
Chris O'MalleyCity-County Building energy-efficiency upgrades are set to be unveiled Tuesday afternoon. The nearly 50-year old landmark
is the centerpiece of the city's greener-building initiative.
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.
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.