A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
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.
The Democrat and Republican running to replace Gov. Mitch Daniels spent most of their Tuesday morning talk with Indiana corn growers and ethanol producers outlining their similarities, starting with the fact that their campaign vehicles run on E85 ethanol blends.
The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.
The spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.
Indiana fruit growers whose trees were lured into blooming weeks ahead of normal by a March heat wave surveyed their orchards Tuesday following a night of freezing or near-freezing temperatures that threatened the trees' tender blossoms.
The purchased property will become the southern anchor for a conservation and recreation project aimed at permanently protecting more than 43,000 acres along the Wabash River and Sugar Creek.
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
Corn production in the United States, the world’s biggest shipper of the grain, will be “huge” as warm weather encourages farmers to plant early to avoid the risk of late-season frost damage, economist Dennis Gartman said.
Right-to-work, smoking ban were only two of a long list of actions taken.
An Indiana regulatory panel passed new rules Wednesday aimed at protecting the quality of the state's waterways. The new rules are aimed at lowering the levels of pollutants released into waterways by companies.
Purdue University researchers are working to increase the efficiency of a new solar cell that they say could become a significant player in energy production.
A Bloomington planning panel voted narrowly Friday to back off its opposition to a section of the Interstate 69 extension from Indianapolis to Evansville that would pass through Monroe County.
The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.
Honda Motor Co. wants to double sales of its Indiana-made Civic Natural Gas sedans, but doing so
requires more fuel stations. The car maker wants some of its dealers to install pumps to sell the fuel.
Charlottesville, Va.-based Apex plans to install the wind turbines in southern Wells County, about 100 miles northeast of Indianapolis.
Cost-savings tied to the purchase of the city’s water and sewer utilities are also expected to be realized sooner than predicted.
Both firms appeared a few years ago to be poised to hire thousands of workers. But they slid into a tailspin as anticipated funding failed to materialize and the market prospects for hybrid and electric engines dimmed.
Indianapolis is beginning to focus on environment, livability.
Supplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.
