Indianapolis Power & Light Company PFD 4.20%
IPWLO
Other OTC79.00
USD
- -
- -
Indianapolis Power & Light Company PFD 4.20%
IPWLO
(Other OTC)
Recent
price
79.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Indianapolis Power & Light Company, now operating as AES Indiana since its rebranding in 2021, generates, transmits, and distributes electric power to over 500,000 residential, commercial, and industrial customers across a 528-square-mile territory centered in Indianapolis and surrounding central Indiana communities; the utility, founded in 1926 through the merger of Indianapolis Light and Heat Company and Merchant's Heat and Light Company, is headquartered in the Electric Building on Monument Circle in downtown Indianapolis and functions as the largest subsidiary of The AES Corporation, which acquired it in 2001. AES Indiana owns and operates key generating facilities including the 1,760 MW coal-fired Petersburg Generating Station, the 1,196 MW Harding Street Station, the 341 MW Eagle Valley Generating Station, the 158 MW Georgetown Gas Turbine peaking plant, and the 106 MW Hoosier Wind Farm, supplemented by renewable energy options such as green power programs supporting solar, wind, and other clean sources, electric vehicle charging rates, outdoor lighting services, and energy efficiency initiatives for residential and commercial customers. In recent developments, AES Indiana completed its 200 MW Pike County Battery Energy Storage System in 2025, secured regulatory approval to acquire the 85 MW solar-plus-85 MW/4-hour storage Crossvine project from Lightsource bp for operation by mid-2027, announced $1.1 billion in Pike County investments from 2024-2026 encompassing the repowering of Petersburg Generating Station Units 3 and 4 from coal to natural gas by end-2026, Petersburg Energy Center solar additions, and battery storage expansions aimed at grid reliability and decarbonization per its 2022 Integrated Resource Plan, and reached a partial settlement in its 2025 regulatory rate review to halve proposed residential rate increases while deferring further hikes until 2030 amid stakeholder feedback.<><><><><><>