Favorable weather helps push up profit at IPL
Operating 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 […]