Carmel electric power marketer to expand.

April 27, 2007

Alliance for Cooperative Energy Services announced today that it will add 25 jobs to the 113 employed at its Carmel headquarters and spend $4 million to update equipment.

Fifteen electric power cooperatives own the wholesale energy risk management and transaction executive firm, which was founded in 1999.

The state is giving ACES up to $188,000 in training grants, and Hamilton County granted a $45,000 property tax abatement.

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