Developer meets deadline on central Indiana wind farm
The company had faced a Dec. 31 deadline to have the turbines built in order to qualify for federal tax credits.
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Michael Browning was key player in N.C. corporate drama
Indianapolis real estate developer Michael Browning was one of two Duke Energy board members who led the surprise ouster of the company's CEO.
Mississippi power group to join Carmel MISO
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
Citizens Energy CEO Lykins enjoys big pay boost
Citizens Energy Group—a not-for-profit, public charitable trust—doubled its size last year with its $1.9 billion purchase of the city’s water and sewer utilities last year. It also doubled the pay of CEO Carey Lykins.
Duke Energy CEO apologizes to regulator over probe
The head of Duke Energy said he regrets that officials with the nation's largest electric company went too far in their criticism of North Carolina regulators responsible for setting rates in its top power market, according to a letter released Tuesday.
Indiana court hears Duke Energy ice storm case
An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
Citizens plans new unit to sell liquefied natural gas
Citizens Energy Group’s multistate transportation and industrial fueling subsidiary would market the gas as an alternative vehicle fuel.
Regulator approves Duke Energy probe settlement
Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.
Crews face deadline on central Indiana wind farm project
Construction crews are hustling to beat a Dec. 31 deadline to get 125 turbines in operation for a wind farm that is eventually planned to reach into four central Indiana counties.
Rogers to leave Duke under settlement with regulators
The settlement, which lays out a series of executive changes and employment and financial concessions, represents a rebuke to the company’s boardroom coup.
Authorities seek cause, assess damages of fatal explosion
Indianapolis Deputy Code Enforcement Director Adam Collins said 80 homes were damaged in the Richmond Hill neighborhood, including 31 houses that might need to be demolished. He estimated the damage at $3.6 million.
Out-of-the-way telecom company to branch into Indy
Smithville Telephone, headquartered in Ellettsville, near Bloomington, is the state’s largest independently owned phone company. Its Smithville Digital division, which provides fiber-optic communications to businesses, hospitals and schools in 17 Indiana counties, mostly in the south, has quietly been growing on the periphery of Indianapolis.
Duke Energy earnings hurt by mild weather
Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.
Westfield votes to approve $91M water utility sale
The Westfield City Council voted 6-1 Monday night to transfer its water and wastewater assets to Citizens Energy Group for $91 million.
Dry cleaners’ solvents taint Martinsville’s water
The U.S. Environmental Protection Agency recently proposed placing the city of Martinsville on its Superfund priority list, citing groundwater contamination traced to several former dry cleaning shops in the heart of town.
Backers of 30-year gas-purchase deal to press on
The Indiana Finance Authority and Indiana Gasification LLC plan to amend a 30-year contract that obligates the state to buy the company's synthetic natural gas. The move is in reaction to an appeals court ruling that reversed regulators' approval of the deal.
Communications firm Metronet plants flag in Indy area
The Evansville company plans to install more than 200 miles of fiber-optic lines in Franklin.
Chrysler drives off with $2.5M refund from Duke Energy
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
Citizens’ Westfield utility acquisition will help with broader system needs
The $91 million water and sewer deal is expected to improve water distribution between northeast and northwest suburbs.
Vectren: Coal-gas plant to cost Indiana consumers $1B
The Evansville-based utility estimates all residential gas customers would see their gas bills increase an average of $3.90 per month for eight years—for a total cost of $375 per consumer.