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February 07, 2016 6:39 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. The company owns and operates two primarily coal-fired generating plants, one combination coal and gas-fired plant, and two combustion turbines with a net electric generation capacity of 3,241 megawatts (MW) in winter and 3,123 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. Indianapolis Power & Light Company ...

One Monument Circle

9th Floor

Indianapolis, IN 46204

United States

Founded in 1892

1,308 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 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.

Indianapolis Power & Light Company Appoints Lora Hoover as Director of Community Relations

Indianapolis Power & Light Company, or IPL has appointed Lora Hoover as director of community relations. As a member of IPL's Public Affairs team, she will be primarily responsible for the development, coordination and management of IPL's charitable contributions, sponsorships, volunteer activities and engagement with local not-for-profit organizations. Prior to her current position, she served as the Chief Development Officer for Big Brothers Big Sisters of Central Indiana.

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