The $91 million water and sewer deal is expected to improve water distribution between northeast and northwest suburbs.
The proposed sale to Citizens Energy Group would include Westfield’s water and wastewater utilities. Citizens bought water utilities from the city of Indianapolis last year for $1.9 billion.
Citizens Water is considering changes in the way it bills customers to conserve water during future droughts. Among the changes could be periodic rate hikes to discourage heavy usage on peak days.
Citizens Water engineers are considering various methods, both short-term and long-term, to meet increasing demand on the water supply of Indiana’s largest metro area, which might need 50 million gallons more water per day as early as five years from now.
Indianapolis Mayor Greg Ballard is banning lawn watering in the city beginning Friday, and all smoking has been banned during a county fair in central Indiana because of the conditions caused by this summer's drought.
The $1.9 billion sale of the city’s water and sewer utilities was a profit gusher last year for buyer Citizens Energy Group—at least on paper. Dwarfing the returns of its gas, thermal and other divisions, the newly renamed Citizens Water turned a profit of $53.4 million.
Preservationists want protections for the historic waterway, but the utility that just bought it is afraid National Register status will cause unintended consequences.
Citizens Energy Group says savings from combining the city’s water and sewer utilities will be 13 percent higher than expected and come two years sooner than previously predicted.
Indianapolis and Beech Grove wrapped up their decade-old dispute prior to the city’s official transfer of its water and wastewater utilities to Citizens Energy Group.
Stock-market swoon contributes to favorable terms on purchase of city’s water, sewer systems.
Democratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale of the city’s water and sewer utilities to fund early education, crime prevention and job training.
State regulators on Wednesday approved a proposal to transfer control of Indianapolis’ water and sewer utilities to a local not-for-profit trust. The $1.9 billion sale will put management of the utilities into the hands of Citizens Energy Group.
City officials are seeking bidders for the first phase of Indianapolis’ largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.