Indianapolis-based United States Infrastructure Corp. just changed hands for the third time in five years—but not because it’s a hot potato nobody wants. Quite the contrary, as the latest sale price—nearly $1 billion—demonstrates.
The company has filed a request with the Indiana Utility Regulatory Commission for annual rate increases of about 1 percent from 2015 through 2020 for the work.
Citizens Energy Group is leading the opposition to a gas station planned for 146th Street and River Road on the edge of Carmel, saying it is too close to a major source of central Indiana’s drinking water.
About 2,000 Bargersville Water Utility customers pay a $10-per-month fee for having an in-ground sprinkler system, generating $240,000 annually for the town, which enacted the fee in 1995.
A Carmel-based power-grid operator has agreed to pay $90,500 to settle a disability discrimination lawsuit involving an employee who allegedly suffered from postpartum depression.
Citizens Energy Group has enjoyed a certain amount of public good will over the last 125 years as a not-for-profit, charitable trust. But rising incentive pay to the trust’s top brass recently has conjured up images of an investor-owned utility—and the scrutiny of regulators.
An executive for the phone service company told regulators Wednesday that the firm's depth of experience—not fraudulent tactics—led to the creation of 30,000 federally subsidized accounts last year.
A consumer advocacy group says opponents of proposed central Indiana wind farms are spreading misinformation about the electricity-generating turbines.
The state’s utility consumer agency recommended Thursday that regulators significantly reduce Citizens Water's proposed rate hike for its 300,000 customers in Marion and surrounding counties.
Indianapolis-based ProLiance Energy, which has lost tens of millions of dollars in recent years amid falling natural gas prices, is being sold to Dallas-based Energy Transfer Partners.
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
AES Corp., the multinational parent of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
AES Corp., the multinational parent company of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
Duke Energy said that its $3.5 billion, high-tech 618-megawatt plant near Vincennes will produce 10 times as much power as a former plant but emit about 70 percent less pollution.
A vast majority of the 185 downtown-based steam-service customers of Citizens Energy Group would pay at least 12.9 percent to 23 percent more under a rate-increase proposal.
The state Supreme Court agreed Thursday to step into a legal fight between backers and opponents of a proposed $2.8 billion coal-gasification plant in southwestern Indiana.
The Deep Rock Tunnel is the largest public-works project in the city’s history, and Citizens customers are already paying for the first phase, which cost $444 million.
About 200 downtown business and industrial customers would pay an average of 12.9 percent more for steam services under a rate-increase proposal by Citizens Energy Group.
