IPL exec promoted to CEO
After about a month as interim CEO, Indianapolis Power & Light Co. executive Ken Zagzebski has won the job for good.
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City seeks bids for $300M sewage tunnel system
City officials are seeking bidders for the first phase of Indianapolis’ largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
Duke Energy quarterly profit rises almost 15 percent
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
Watchdog: State agency heads colluded on gas deal
Former Indiana Utility Regulatory Commission chief David Hardy and the state's then-finance director, Jennifer Alvey, improperly discussed the merits of a $6.9 billion contract the Indiana Finance Authority ultimately struck with operators of the Indiana Gasification plant proposed for Rockport, plant opponents alleged Monday.
Controversial utility bill heads to governor
Opponents say the legislation shifts clean-energy risks to ratepayers and protects utility shareholders. Utilities say they need the legislation to help them comply with federal pollution mandates.
Industrial support for utility sale to cost $1.5 million
The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
Citizens Energy Group pipelines pass internal review mandated by feds
Citizens has more than 120 miles of transmission pipe and hundreds of miles of gas service lines.
Think hopes to boost sales through Indiana rebate
Electric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
Citizens CEO making more than peers at bigger utilities
Citizens Energy Group CEO Carey Lykins’ 2010 pay package, salary and bonus, totaled $1.6 million, more than his counterparts at the three largest municipal gas utilities in the country.
Settlement caps Citizens Energy customers’ deal fees
Ratepayers would pay no more than $14 million to cover charges associated with Citizens’ purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
AES buying DPL in $3.5 billion utility deal
AES, which owns Indianapolis Power & Light, is just the latest energy company attempting to bulk up with rising costs from new environmental regulations on the horizon.
Indiana lawmakers push voluntary renewable standards
Senate Bill 251, which passed the Indiana House Utilities and Energy committee Friday, calls for a voluntary goal of producing 10 percent of the state's electricity from renewable energy resources by 2025.
Storms drafted ethics memo on own case at IURC
Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
Indianapolis Power & Light announces environmental grants
Projects involving youth received the biggest chunk of money this year from the Golden Eagle Environmental Grants program.
Citizens Energy agrees to document utility savings
A not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
Gas distributors oppose $2.7B Rockport gasification plant
Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.
IPL chief Murtlow leaving electric utility April 1
Indianapolis Power & Light Co. CEO Ann D. Murtlow will leave her position April 1, the electric utility announced Monday afternoon.
Duke proposes new cap on coal-gasification plant
Duke Energy Corp. is asking state regulators to approve the company's newly drafted plan to cap at $2.72 billion the price of an Indiana coal-gasification plant it's building that's been plagued by cost overruns.
Feds call Indianapolis Power & Light coal-ash ponds ‘high hazard’
The Environmental Protection Agency and the local utility are at odds over the condition of the ponds and the extent of remediation that is necessary.
Banks OK with ‘clean energy financing districts’
Industry feared original bill would have put mortgage lenders at added risk.