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Home » AES

AES

IBJ Podcast: New AES prez on goals, growing up in Indy and the system upgrades that led to billing mess

April 29, 2024
Mason KingMason King

Brandi Davis-Handy discusses the customer billing issues, the challenges of growing the business and the company’s final push to eliminate coal as a source of energy for creating electricity.

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AES Indiana reaches agreement to raise electricity rates 7.3%

November 26, 2023
John RussellJohn Russell

The utility’s initial proposal provoked widespread objections, including from more than 40 customers who attended two field hearings.

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‘Big five’ Indiana utilities defend rates in regulator questioning

March 25, 2026 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Indiana regulators on Tuesday spent hours questioning the state’s biggest energy providers on their rates, customer service and more amid rising frustration from ratepayers.

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AES Indiana cancels more public open houses over safety threats, host concerns

March 6, 2026 | Taylor Wooten

AES Indiana is postponing all of its scheduled open houses this month “out of an abundance of caution” as social media threats against the company continue, a spokesperson said Friday. The company has not released information regarding rescheduled dates.

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Indiana state treasurer raises questions about AES deal, calls for transparency

March 3, 2026 | Holly Hays

State Treasurer Daniel Elliott on Tuesday said he is “increasingly worried” about the impact of a recently announced deal that would see private equity firms acquire the parent of AES Indiana.

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AES Indiana cancels open house, citing social media threats

March 3, 2026 | Taylor Wooten

The Tuesday event, which was canceled an hour before it was set to begin, is one of several public open houses scheduled for this month.

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Consortium agrees to buy AES, take the power company private

March 2, 2026 | Lesley WeidenbenerLesley Weidenbener

A consortium led by a BlackRock subsidiary and EQT Infrastructure said AES Indiana and AES Ohio will remain “locally operated and managed regulated utilities.”

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Regulatory board to question Indiana utility providers on energy affordability

February 25, 2026 | Marek Mazurek

In public hearings next month, the Indiana Utility Regulatory Commission will question the state’s five largest investor-owned utility companies about billing transparency and solutions to rising energy costs.

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AES Indiana’s new solar energy center in Petersburg now online

February 12, 2026 | Abriana Herron, Inside INdiana Business

The project includes 250 megawatts of solar generation and 180 megawatt-hours of energy storage at the existing Petersburg Generating Station.

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IU Health prepares for huge increase in energy use with $4.3B hospital complex

November 28, 2025 | Daniel Lee

The health care system’s plan to meet its energy needs includes working closely with its electricity provider, AES Indiana, building additional backup power systems and operating its own natural gas utility plant for heating and cooling.

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Braun, Purdue lead nuclear summit to promote reactors for Indiana

November 5, 2025 | Daniel Lee

The Global Nuclear Energy Economic Summit at Purdue University got underway Wednesday with several hundred attendees from energy companies, utilities, academia, government and regulatory agencies.

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UPDATE: City reaches settlement with AES Indiana over proposed rate hike

October 16, 2025 | IBJ Staff

The Indiana Office of Utility Consumer Counselor, which acts on behalf of utility customers, did not join the settlement. Neither did ratepayer advocacy group Citizen’s Action Coalition.

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AES Indiana seeking two-phase electricity rate hike of 13.5%

June 3, 2025 | Daniel Lee

If the proposed increases are approved, customers will see a 7.2% hike in the second quarter of 2026 and then about a 6% increase in January 2027. Those are on top of a 6% increase for previously approved projects in 2026.

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City, outside entities start inquiring about buying land adjacent to proposed stadium site

May 31, 2024 | Taylor Wooten and Mickey ShueyMickey Shuey

AES Indiana, which owns a half-acre parking lot at 355 E. Pearl St., just east of Alabama Street, confirmed to IBJ that the company is “currently discussing its sale with a third party.”

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AES Indiana takes next step to stop using coal by 2026

March 14, 2024 | Casey Smith, Indiana Capital Chronicle

If approved by the Indiana Utility Regulatory Commission, AES Indiana would be on its way to becoming the first Hoosier investor-owned electric utility to stop burning coal, according to Indiana Utility Report.

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Zagzebski latest exec to take helm at utility AES Indiana

August 15, 2023 | IBJ Staff

Ken Zagzebski, a senior vice president at AES Corp., will be making a return engagement to the top spot at the Indianapolis utility formerly known as Indianapolis Power & Light.

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AES Indiana says state storm outage investigation not warranted

August 2, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”

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AES Indiana seeking permission to raise electricity rates by 13%

June 28, 2023 | John RussellJohn Russell

Consumer groups said they were shocked by the amount that AES Indiana is seeking, especially coming after the utility got approval for seven straight years of rate increases to pay for upgrades to its local energy grid.

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State letting AES Indiana discharge toxic water into White River, group says

April 19, 2023 | John RussellJohn Russell

An Indiana environmental group says the utility is pumping more than 1 million gallons of contaminated water a day into the river from coal ash ponds at its Eagle Valley Generating Station in violation of the federal Clean Water Act.

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Large Indiana cities and employers ask Duke, AES for more clean-energy options

December 15, 2022 | IBJ Staff

A trade group that promotes clean energy, Indianapolis, Bloomington, Walmart, Salesforce and Cummins were among those issuing a letter urging the utilities to offer more options to large energy customers to receive their electricity from renewable energy.

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Memory bank: Power building lights up for Christmas

November 25, 2022

In 1926, the Indianapolis Light and Heat Co. strung lights on its building, decorating it for Christmas.

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AES Indiana seeks to convert coal-fired units at Petersburg plant to natural gas

October 25, 2022 | John RussellJohn Russell

For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant. Now, it appears that the Indianapolis-based utility is getting ready to do just that.

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