Articles

Veolia concessions worry regulators

Testimony filed in Indianapolis Water Co.’s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.

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Medical device startup FlowCo enlists Guidant alums

The upstart developer of a device to help doctors choose the right-sized stent to prop open clog-prone arteries has brought
aboard former Guidant Corp. executives, including Bill McConnell. Their regulatory and marketing expertise could help FlowCo Inc. bring its artery-measurement
product to market as soon as 2011.

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Carbon storage presents prickly trade-offs

Not only are utilities grappling with how to pull carbon from their coal-fired emissions, but they also crave certainty about
where to put the carbon. With minimal information available about Indiana’s deep subsurface , much remains to be done to determine
where and at what scale the practice could be deployed here.

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Airport shrugs off CEO probe over travel allegations

The Indianapolis Airport Authority board had heard the allegations that John Clark, their star candidate for airport CEO,
spent big on world travel while chief of the Jacksonville Aviation Authority. Now, the Florida state attorney is collecting
travel records there and information from Indianapolis about trips Clark made here for job interviews.

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City utility deal treads in murky waters

A $1.9 billion proposal to sell the city’s water and sewer utilities splashed into public view last month, but some
financial details settling at the bottom line could make the deal harder to swallow.

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