April 30, 2016 7:20 AM ET

Electric Utilities

Company Overview of Indianapolis Power & Light Company

Company Overview

Indianapolis Power & Light Company primarily engages in generating, transmitting, distributing, and selling electric energy in the United States. The company owns and operates four generating stations, including coal-fired stations; a natural gas and fuel oil station; and a natural gas-fired station with a net electric generation capacity of 3,259 megawatts (MW) in winter and 3,141 MW in summer. It provides retail electric service to approximately 480,000 residential, commercial, and industrial customers in the city of Indianapolis and neighboring cities, towns and communities, and adjacent rural areas within Indiana. The company was founded in 1892 and is based in Indianapolis, Indiana. Ind...

One Monument Circle

PO Box 1595

Indianapolis, IN 46206

United States

Founded in 1892

1,307 Employees

Key Executives for Indianapolis Power & Light Company

Interim Chief Executive Officer and Interim President
Age: 56
Principal Accounting Officer and Controller of IPALCO Enterprises Inc
Age: 66
Vice President, Secretary and General Counsel
Age: 52
Senior Vice President of Customer Operations
Age: 58
Senior Vice President of Generation
Compensation as of Fiscal Year 2015.

Indianapolis Power & Light Company Key Developments

Indianapolis Power & Light Announces Management Changes

IPL also hired Tanya Sovinski as director of community relations to oversee its charitable contributions, s Indianapolis Power & Light Co. on Feb. 24 announced management additions and promotions. Rafael Sanchez joined the AES Corp. subsidiary as senior vice president of strategic planning having previously worked with the Fineline Printing Group. IPL also hired Tanya Sovinski as director of community relations to oversee its charitable contributions, sponsorships, volunteer activities and engagement with non-profit organizations. Meanwhile, Brad Riley was promoted to director of strategic accounts and customer programs to manage schemes for commercial and industrial customers of the company.

Indianapolis Power & Light Company Appoints Kenneth J. Zagzebski as Interim President and Chief Executive Officer

On July 1, 2015, Kenneth J. Zagzebski, President and Chief Executive Officer and a director of IPALCO Enterprises Inc. was appointed as interim President and Chief Executive Officer of Indianapolis Power & Light Company. Mr. Zagzebski succeeds Kelly M. Huntington whose resignation from IPL was effective on June 30, 2015. Also on July 1, 2015, Michael S. Mizell, a member of the Board of Directors of the Company, was appointed to the Board of Directors of IPL to fill the vacancy created by Ms. Huntington's resignation from the Board of Directors of IPL.

Kelly M. Huntington to Resign as President and Chief Executive Officer and Director of Indianapolis Power & Light Company, Effective on or About June 29, 2015

On June 25, 2015, Kelly M. Huntington, President and Chief Executive Officer and director of Indianapolis Power & Light Company (IPL) announced her intention to resign her positions at the company. Ms. Huntington’s resignation is expected to be effective on or about June 29, 2015.

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