Could Indianapolis buy AES Indiana? Experts say it’s unlikely.
A few City-County Council members say Indianapolis should consider keeping AES out of private equity’s hands by acquiring the utility.
Marek Mazurek
Articles
Braun satisfied with results of IEDC audit, says state will continue to implement fixes
Gov. Mike Braun on Tuesday said his administration is already making changes based on the findings of a monthslong audit of the Indiana Economic Development Corp.
For aspiring hairstylists, apprenticeships offer a new (old) way to begin
A new apprenticeship model is offering an alternative to the way Hoosier barbers and stylists are trained in advance of obtaining a license—and some salon owners say the approach will increase access to the profession.
Some Indiana Democrats call for further investigation into IEDC, affiliated entities
Rep. Ed Delaney, D-Indianapolis, called the 127-page forensic report “a good start.” But he said it left out important information.
Takeaways from the forensic audit of the IEDC, Elevate Ventures and other related entities
The report details findings related to the Indiana Economic Development Corp., the Indiana Economic Development Foundation, the LEAP District, Elevate Ventures and the Applied Research Institute.
State releases results of monthslong forensic audit of IEDC, affiliated agencies
The 127-page report comes just over a week after the IEDC board unanimously agreed to publicly share it—pending legal review—and roughly five months after it was announced.
As private equity pursues public utilities, reports say BlackRock subsidiary wants to buy AES
BlackRock’s interest in AES represents a growing trend of private equity firms investing in, or buying outright, public utility companies as artificial intelligence fuels increasing electricity demands.
Hoosiers could see few short-term impacts of government shutdown, officials say
That’s in part because Indiana “isn’t as dependent on federal government largess,” Gov. Mike Braun told reporters on Wednesday.
Hoosier farmers celebrate Taiwan’s pledge to buy $6B in U.S. corn and soybeans
With Indiana Gov. Mike Braun and Lt. Gov. Micah Beckwith on hand, leaders of Indiana’s corn and soybean lobbies signed letters of intent with officials from Taiwan on Thursday.
Braun calls for IURC board applicants, places energy bills front and center on policy agenda
Gov. Mike Braun’s call for Indiana Utility Regulatory Commission applicants comes as Indiana ratepayers have seen a steep rise in electric bills and large power users like data centers flock to the Hoosier State.
Braun says Trump administration has not threatened state’s federal funding over redistricting
Still, Trump administration officials have been pushing Indiana Republicans to call a special session focused on redistricting. Most notably, Vice President J.D. Vance traveled to Indianapolis to speak with Braun.
New bill seeks to restore millions in Medicaid funding to Indiana hospitals
Hospital leaders who spoke with Inside INdiana Business emphasized the bill wouldn’t increase funding, it would give hospitals access to funding that’s already been allocated.
Cost of IEDC consulting contract for data center study tops $1.2M
Boston Consulting Group was hired in April to prepare a report that seeks to answer “whether data centers provide sufficient return on investment for Indiana.”
Morgan County prepares for billion-dollar data center project from still-anonymous developer
Since the start of the year, Morgan County officials have rezoned nearly 400 acres of farmland for light industrial use and approved a series of tax abatements to make way for the project.
IEDC extends consulting contract for study of data center opportunities, pitfalls
Boston Consulting Group is researching the economics of data centers and is expected to produce a white paper report detailing the best way for the state to approach such proposals.
Purdue adds slew of ‘job-ready’ academic programs at Indianapolis campus
Over the next two years, Purdue will launch 15 new academic offerings spread between undergraduate and graduate degrees and a few certificate programs.
Indiana stood to get $130M for solar projects. The EPA canceled the program.
Nonprofit organizations in Indiana have spent two years preparing and were about to start putting up panels when EPA Administrator Lee Zeldin announced via social media that the program is being shut down.
Developer withdraws plans for massive Hancock County data center
Surge Development withdrew its rezoning request this week after significant public opposition to the plan, much of it voiced at a public information meeting earlier this month.
‘All roads point to nuclear’: Reactor incentive package moves forward in House
Supporters hold up nuclear power as more efficient and cleaner, but say the cost to get that power connected to Indiana’s grid is too great to be borne by utility companies alone.
IU trustees give university president Pamela Whitten 5-year contract extension, $200K raise
According to the Chronicle for Higher Education’s database from the summer of 2024, the raise brings Whitten to the fifth highest-paid university president in the Big Ten.