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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowOperating income climbed 16 percent for the first nine months of the year at IPALCO Enterprises, the holding company for Indianapolis Power & Light Co.
IPALCO had operating income in the period of $155.9 million, compared with $133.8 million a year ago.
Revenue was $1.1 billion, up 8 percent.
The company attributed the increase to higher retail margins due to favorable weather, and higher wholesale margins due to the launch of gas-fired operations at a generating station in Martinsville.•
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