Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

October 13, 2015 2:23 PM ET

Electric Utilities

Company Overview of Duke Energy Indiana, Inc.

Company Overview

Duke Energy Indiana, Inc. generates, transmits, distributes, and sells electricity in Indiana, the United States. The company generates electricity through coal, hydroelectric, natural gas, oil, and nuclear fuels. It supplies electric service to 810,000 residential, commercial, and industrial customers covering an area of 23,000 square miles. The company was formerly known as PSI Energy, Inc. Duke Energy Indiana, Inc. is based in Plainfield, Indiana. Duke Energy Indiana, Inc. is a subsidiary of Duke Energy Corporation.

1000 East Main Street

Plainfield, IN 46168

United States



Key Executives for Duke Energy Indiana, Inc.

Chief Executive Officer
Age: 55
President and Director
Age: 57
Chief Financial Officer and Executive Vice President
Age: 56
Chief Accounting Officer, Vice President and Controller
Age: 40
Chief Human Resources Officer and Executive Vice President
Age: 48
Compensation as of Fiscal Year 2015.

Duke Energy Indiana, Inc. Key Developments

Duke Energy to Begin Purchasing Up to 20 Megawatts of Solar Power for Indiana Customers

The Indiana Utility Regulatory Commission has approved Duke Energy's 20-year agreements with two solar developers to purchase up to 20 megawatts of solar power for its Indiana customers. The developers will build and operate four solar projects, each producing up to 5 megawatts of electric power. The projects include: Pastime Farm in Clay County, McDonald Solar in Vigo County and Sullivan Solar in Sullivan County, developed by Cypress Creek Renewables, and Kokomo Solar 1 in Howard County, developed by Inovateus Solar. The projects in Clay and Vigo counties are expected to provide energy by the end of 2015. The Sullivan and Howard county projects are expected to be operational before June of 2016. By adding solar generation to its Indiana's power resources, the company will gain experience in contracting and interconnecting with utility-scale solar facilities. The projects are part of a 2013 environmental settlement between Duke Energy Indiana and consumer groups to pursue more green energy sources. The company issued a request for proposals in February 2014 for developers interested in supplying the company with solar energy.

Duke Energy Corporation, Duke Energy Carolinas, LLC, Duke Energy Florida, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Ohio, Inc., and Duke Energy Progress, Inc., Enter into Amendment to the Credit Agreement

On January 30, 2015, Duke Energy Corporation and its wholly-owned subsidiaries, Duke Energy Carolinas, LLC, Duke Energy Florida, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Ohio, Inc., and Duke Energy Progress, Inc., entered into an amendment to the $6,000,000,000 Credit Agreement, dated as of November 18, 2011 and as amended on December 18, 2013, among the Corporation and each of such subsidiaries, as Borrowers, the lenders listed therein, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender. The credit facility was originally described and filed in the Corporation's Form 8-K dated November 25, 2011. The amendment was entered into primarily to increase the maximum aggregate borrowing amount available to the Borrowers to $7,500,000,000, and to extend the termination date of the facility from December 2018 to January 30, 2020.

Indiana Court Rules Regulators Must Examine Costs of Duke Energy Indiana's Edwardsport Plant

An Indiana appeals court on Sept. 8 ruled against Duke Energy Indiana Inc. and in favor of environmental groups that oppose Duke's Edwardsport integrated gasification combined-cycle plant, ruling that state regulators must reconsider whether certain costs for the multibillion-dollar project should be passed onto ratepayers. The decision will likely lead the Indiana Utility Regulatory Commission again to take on the question of whether it is fair for ratepayers to be charged for costs that allegedly came from delays in the startup of the plant. The environmental groups argued the delays should be blamed on Duke for trying to push an unproven technology before it was ready. The Edwardsport facility's technology converts coal into a synthesis gas from which pollutants are removed, and heat from the gasification process is used to generate electricity, allowing the coal plant to provide power but with highly reduced emissions. Implementing this technology at the Indiana plant has led to one of the most expensive projects ever pursued by Duke Energy Corp., but one the company says will pay off over the long run. Unexpected difficulties during testing the plant pushed the startup date back by several months, and the capital costs increased to $3.15 billion from a 2011 estimate of $2.72 billion.

Similar Private Companies By Industry

Company Name Region
Shaokatan Hills LLC United States
North America Power Partners LLC United States
Delta Power Services, LLC United States
El Segundo Power, LLC United States
Bluewater Wind Maryland LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Duke Energy Indiana, Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at