• Power plant problems lead AES to seek more cash from customers

    AES Indiana’s Eagle Valley natural gas power plant, located near Martinsville and capable of powering about a half-million houses, conked out in April, due to problems with breakers and relays. Six months later, it is still offline while technicians try to repair a wide range of damage to critical parts.

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Fishers tables $100M development

An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.

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