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AES Indiana, formerly known as Indianapolis Power & Light Company (also known as IPL or IPALCO), is an American utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation , which acquired it in 2001.
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The company was founded on January 28, 1981, as Applied Energy Services [5] by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991.
Through Wabash Valley Power's dist. In May 2009, Wabash Valley's Renewable Energy Certificate was certified by Green-e Energy. [1] Wabash Valley Power Association was founded in Peru, Indiana in 1963 by five distribution cooperatives. Their membership grew over the years and the headquarters were relocated to Indianapolis in 1976.
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The plant is located on the south side of downtown Indianapolis, at the intersection of Kentucky Avenue and West Street. Its coal-fired units were among the oldest operating power plants in the United States at the time, [1] and were converted to natural gas in 2016. [2] Perry K. is owned by Citizens Thermal, a division of Citizens Energy Group.
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