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IPALCO should be bought by Citizens Energy Group to keep in local control and away from the Vulture investors that will suck its assets out load it with debt then dump it .
+1 Came here to suggest exactly the same thing.
I honestly can’t believe that the PE guys really want a regulated utility and a bunch of coal ash liability.
This is too cute….Republican officeholders actually questioning an investor-owned Indiana utility’s motives? lol
THIS is WHY!!!
Treasurer Daniel Elliott Releases a Statement on BlackRock, EQT, CalPERS, Qatari Investment Authority Acquisition of AES
“After learning the news yesterday of the reported deal between AES Corporation and the consortium consisting of BlackRock, EQT, the Qatari Investment Authority, and CalPERS. I have spent the last 24 hours gathering information and am increasingly worried by this potential deal and the impact it will have on Hoosiers in central Indiana,” said Treasurer Elliott.
“As Treasurer, I took actions to protect Hoosier public servants from BlackRock’s ESG decisions. I’m also extremely concerned by the presence of the CalPERS, the California Pension fund and the influence they’ll have over the lives of Hoosiers. Recently, CalPERS lost over 300 million dollars of retiree money and their mismanagement is now the subject of a Congressional probe. The Qatari Investment Authority has known ties to Hamas. This fundamentally misaligns with Hoosier values. Hoosiers deserve answers.”
“Hoosiers need to be guaranteed that they will not face harm at a time when affordability is one of the most important issues facing all of us. I hope that the federal regulators that are in charge of reviewing and approving this merger will complete a full review and give Hoosiers complete transparency on the terms of this deal. Otherwise and until then, I cannot support this deal.”
@93wibc
On Sept 16 2021, the IEDC created a “mobility” program with Palantir, under which the more demand they generate for AES, the more Palantir pays the IEDC politicians.
The IEDC Chief of Innovation is the COO of the fund.
The fund is called Project Energy Reimagined, and its sponsor is registered at the AES building.