Rafael Sanchez, who took over in June as CEO of Indianapolis Power & Light Co., is a decidedly nontraditional pick to lead a company facing big challenges and difficult choices.
IPL has filed petitions with the Indiana Utility Regulatory Commission to install $100 million worth of pollution controls at Petersburg, a move it says will allow it to meet strict environmental regulations.
The city plans to end a moratorium on new streetlights by installing 100 lights in areas with high accident and crime rates, and in growing neighborhoods, Mayor Joe Hogsett announced Thursday.
Rafael Sanchez, who joined IPL five months ago as senior vice president of strategic planning, has been promoted to the top job, the utility announced Wednesday.
Joe Hogsett said more streetlights, for safer streets, would be one of his first priorities as mayor. Nearly four months after taking office, the administration is still in discussions with Indianapolis Power & Light Co.
About 470,000 customers of Indianapolis Power & Light Co. can expect to see their monthly bills increase after state regulators approved an order allowing the utility to collect an additional $29.6 million in annual revenue.
As chairman of Senate Utilities Committee, Sen. James Merritt supported numerous bills favored by big utilities, the railroad’s biggest customer. Now he’s out of a job.
Kelly Huntington, president and CEO of Indianapolis Power & Light Co., has stepped down to become senior vice president of enterprise strategy at OneAmerica Financial Partners Inc., the companies announced Thursday.
The Battery Energy Storage System, or BESS. will be built at the Harding Street Station. The utility received approval for a 10-year tax abatement from the county that will save it more than $3 million on the project.
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
The utility company originally planned to inspect about 300 manholes, but decided to bring in out-of-state crews to conduct inspections on more than 1,200 manholes following a series of explosions.
Indianapolis Power & Light Co. said Thursday it has enlisted 50 technicians from Ohio and Illinois to help inspect about 1,300 manholes and vaults in the utility's downtown underground network.
Regulators are taking “extraordinary” steps to investigate the failure of Indianapolis Power & Light’s underground network, Indiana Utility Regulatory Commission Chairwoman Carol Stephan said at a special meeting Friday morning.
Explosions shot manhole covers into the air at a busy downtown Indianapolis intersection on Thursday, raising safety concerns as the city prepares to host the Final Four next month. IPL said the explosions caused “significant damage to the electrical infrastructure.”
Indianapolis Power & Light says an explosion that startled patrons Monday night in the downtown district occurred in a chamber where transformers became over-pressurized.
The Indiana Utility Regulatory Commission on Wednesday shot down the bulk of a plan by Indianapolis Power & Light to charge ratepayers $16 million for costs involving a proposed all-electric car-sharing service called BlueIndy.