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April 21, 2015 10:23 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 two coal-fired stations; a coal, and natural gas and oil station; and gas-fired combustion turbine 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 company was incorporated in 1983 and is based in Indianapolis, Indiana. IPALCO Enterprises, Inc. is a subsidiary of AES U.S. Investments, Inc.

One Monument Circle

Indianapolis, IN 46204

United States

Founded in 1983

1,308 Employees

Phone:

317-261-8261

Key Executives for IPALCO Enterprises, Inc.

Chief Executive Officer, President and Director
Age: 55
Chief Financial Officer and Director
Age: 41
Principal Accounting Officer, Vice President and Controller
Age: 54
Vice President, General Counsel, Secretary, Vice President of Indianapolis Power & Light Company, General Counsel of Indianapolis Power & Light Company and Secretary of Indianapolis Power & Light Company
Age: 51
Senior Vice President of Financial Services
Compensation as of Fiscal Year 2014.

IPALCO Enterprises, Inc. Key Developments

IPALCO Enterprises, Inc. Announces Board Changes

IPALCO Enterprises, Inc. announced that on February 11, 2015, in connection with the initial closing under the Subscription Agreement and the terms and conditions of the Shareholders’ Agreement, Jennifer Schwartz resigned from her position as a director of the company, effective as of the initial closing under the Subscription Agreement.  In addition, on February 16, 2015, in connection with the appointment of the new Holdco Inc. nominees, William Henley, Brian Miller and Elizabeth Hackenson resigned as directors of the company. Pursuant to the Shareholders’ Agreement, the company agreed to appoint nine individuals nominated by Holdco Inc. and two individuals nominated by Investor to serve as members of the Board. On February 11, 2015, the IPALCO shareholders, through a unanimous written consent, appointed Olivier Renault and  Renaud Faucher, each nominees of Investor, and Thomas O’Flynn, a nominee of Holdco Inc., as members of the Board, effective February 11, 2015.  On February 16, 2015,  the IPALCO shareholders, through a unanimous written consent, appointed Margaret Tigre, Richard Sturges, Paul Freedman, Mike Mizell, Craig Jackson and Andy Horrocks, each nominees of Holdco Inc., as members of the Board, effective February 16, 2015. Kelly Huntington and Ken Zagzebski will continue as members of the Board.

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