FEIGENBAUM: ‘There is no money’ takes on new meaning
Tight tax revenue will force hard choices on the General Assembly.
Energy & Environment
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Abound Solar completes financing for Tipton plant
Company closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
Solar panel maker plans up to 240 jobs in Columbus
A Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will make high-efficiency solar panels that are in growing demand around the world.
IURC clears ex-judge in Duke Energy ethics scandal
The Indiana Utility Regulatory Commission’s internal probe found no irregularities regarding former administrative law judge Scott Storms’ handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.
Duke Energy exec resigns over IURC e-mails
A top executive of Duke Energy has resigned after details of his social relationship with the former chairman of the Indiana Utility Regulatory Commission became public.
Touted Build America Bonds may not be available for utility deal
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
City looking for consultants to ramp up green programs
The Office of Sustainability in November put out two requests for consultants or teams to implement environmentally friendly initiatives.
Electric car maker starts production at Elkhart plant
Think North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones to be finished in the coming days.
Ethanol’s future clouded by potential loss of tax breaks
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
PRINCE: Why iPad could save investment firms money
The device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
PCBs a concern at bankrupt ESI Environmental plant
The EPA says 300,000 gallons of sludge at the firm’s northwest-side site are suspected of containing carcinogenic PCBs. A recent court ruling could expedite clean-up efforts.
Indiana farmers expected to enjoy near-record income
Many Indiana farmers who had been worrying about a late summer drought are now looking forward to some extra spending money thanks to high grain prices.
Spurned bidder: IURC program may cost consumers $65M
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
Hulman family plans oil drilling near Terre Haute
The Vigo County planning commission on Wednesday approved zoning changes to allow drilling on about six acres owned by the Grace Hulman Real Estate Trust and Anton Hulman Jr. Real Estate Trust.
No ‘inappropriate communications,’ Duke Energy CEO says
Duke Energy Corp.’s top exec told the Indiana Utility Regulatory Commission that he’s confident the IURC’s former top attorney had no influence on decisions regarding the utility’s Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.
Hancock County utilities set to proceed with merger
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
Scandal fallout plagues Duke Energy’s Edwardsport project
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
Veolia losing water contract, will get $29M termination fee
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
U.S. attorney to ask for review of IURC ethics dispute
U.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.
Purdue developing oil spill website
Purdue University is developing a website with more than 30,000 hours of underwater video from the BP oil spill. More than 400 videos shot by 14 remotely operated underwater vehicles are on the site so far.