August 28, 2016 3:07 AM ET

Electric Utilities

Company Overview of IPALCO Enterprises, Inc.

Company Overview

IPALCO Enterprises, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy. 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. It serves approximately 480,000 retail customers in the city of Indianapolis and neighboring cities, towns and communities, and adjacent rural areas in Indiana, the United States. The company was incorporated in 1983 and is based in Indianapolis, Indiana. IPALCO Enterprises, Inc. operates as a subsidiary of AES US Investments, Inc.

One Monument Circle

Indianapolis, IN 46204

United States

Founded in 1983

1,307 Employees



Key Executives for IPALCO Enterprises, Inc.

Chief Executive Officer, President and Director
Age: 57
Chief Financial Officer and Director
Age: 43
Principal Accounting Officer, Vice President and Controller
Age: 56
Senior Vice President of Technology and Performance of IPL
Age: 57
General Counsel and Secretary
Compensation as of Fiscal Year 2016.

IPALCO Enterprises, Inc. Key Developments

James Valdez No Longer Serves as Vice President of Human Resources of IPALCO Enterprises, Inc

On June 1, 2016, Mr. James Valdez, a named executive officer of IPALCO Enterprises, Inc. has accepted a position in the human resources department of the company's parent company, The AES Corporation, and no longer serves as Vice President of Human Resources for the company and its affiliated businesses in the United States.

IPALCO Enterprises, Inc. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2015

IPALCO Enterprises, Inc. announced audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported utility operating revenues of $1,250,399,000 compared to $1,321,674,000 a year ago. Utility operating income was $144,711,000 compared to $160,913,000 a year ago.Net income applicable to common stock was $56,311,000 compared to $74,755,000 a year ago. Net cash provided by operating activities was $252,425,000 compared to $253,997,000 a year ago. Capital expenditures - utility was $672,849,000 compared to $381,626,000 a year ago.

IPALCO Enterprises, Inc. Completes Sale of 3.45% Senior Secured Notes Due 2020

IPALCO Enterprises, Inc. completed its previously announced sale of $405 million aggregate principal amount of 3.45% Senior Secured Notes due 2020 pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended. The Notes were issued pursuant to an Indenture dated June 25, 2015, by and between the company and U.S. Bank, National Association, as trustee.

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