Articles

NIPSCO to spend $5B for power-system upgrades

The Merrillville-based utility said it plans to spend $5 billion in the next 10 years on electrical system improvements, including almost $1 billion on environmental upgrades at its coal-fired plants.

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SEC filing: Ex-IPL chief Murtlow qualified for large payout

Indianapolis Power & Light chief Ann Murtlow left the utility this spring under terms of a separation agreement that would have entitled her to at least $404,410, according to documents the utility filed Nov. 3 with the Securities and Exchange Commission.

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Congress moves to create new farm subsidy

Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.

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Indiana plant a drag on Duke Energy earnings

Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.

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