AES Corp. to locate U.S. operations HQ in Indianapolis
AES Corp., the multinational parent of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
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AES Corp. plans to locate U.S. operations HQ in Indianapolis
AES Corp., the multinational parent company of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
IPL parent eyes Indy for corporate services hub
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
Troubled Indiana gasification plant begins operation
Duke Energy said that its $3.5 billion, high-tech 618-megawatt plant near Vincennes will produce 10 times as much power as a former plant but emit about 70 percent less pollution.
Foes organizing against central Indiana wind farm plans
A Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres of agricultural areas northeast of Muncie.
IPL’s $631M power plant to start construction in 2014
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
Developers: Law will likely kill coal-gas plant
Indiana Gasification LLC project manager Mark Lubbers said developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.
Power producer to build new HQ in Bloomington
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.
Duke rolls out new Indiana economic development plan
The state's largest power company says it's revamping its Indiana economic development program to improve opportunities for communities to attract jobs and capital investment.
Developer plans solar farms on 286 acres in southern Marion County
A Minnesota firm with a 15-year contract with IPL wants to install solar panels and power stations on two different sites as part of a $50 million-plus project.
Indiana lawmaker: Coal-gas plant no longer feasible
An Indiana lawmaker who opposes a 30-year contract with the developers of a proposed $2.8 billion coal-gasification plant told a House committee Wednesday that the surge in U.S. shale gas production has driven down natural gas prices, leaving synthetic gas projects unfeasible.
Indiana House panel amends utility rate bill
Indiana manufacturers and consumer groups opposed to a bill that would make it easier for power companies to raise their rates won concessions Wednesday from House lawmakers.
IPL boosts renewables portfolio with more solar
Farm planned for northeast of Indianapolis Motor Speedway will add to sun/wind capabilities.
Two neighboring utilities united by fiber in Hancock County
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
IPL assessed $214,200 penalty in plant explosion
The Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL’s Harding Street generating station on the southwest side.
Indiana senator seeks gas plant contract review
A top Indiana senator is calling for a review of Indiana's plans to subsidize a proposed coal-gasification plant.
Indy utility plans $511 million in power plant upgrades
Indianapolis Power & Light said ratepayers could expect a 2-percent to 3-percent annual increase for a “number of years,” but said he did not know how long the increases would be in effect.
Indiana wind energy industry wants longer tax credit
Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
Court rules Duke must cover ice storm costs
The Indiana Court of Appeals has upheld state regulators’ rejection of Duke Energy’s bid to pass $11 million in costs it incurred during a 2009 ice storm onto its customers.
IURC caps ratepayers’ share of Edwardsport plant at $2.6B
Opponents call the deal too generous to Duke Energy and say it doesn’t protect ratepayers from rising financing costs.