AES Indiana

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Retrieved on: 
Thursday, May 2, 2024

ARLINGTON, Va., May 2, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2024.

Key Points: 
  • "With our first quarter results and our future outlook, I am pleased to reaffirm our full year 2024 guidance and long-term growth rates through 2027," said Stephen Coughlin, AES Executive Vice President and Chief Financial Officer.
  • First quarter 2024 Net Income was $278 million, an increase of $89 million compared to first quarter 2023.
  • Since the Company's fourth quarter 2023 earnings call in February 2024, the Company signed 1.2 GW of long-term contracts for new renewables.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of March 31, 2024.

NiSource Announces Leadership Changes in Ohio and Indiana Subsidiaries

Retrieved on: 
Thursday, March 28, 2024

NiSource (NYSE: NI) today announced that Robert Heidorn will replace Vince Parisi as president and chief operating officer of Columbia Gas of Ohio.

Key Points: 
  • NiSource (NYSE: NI) today announced that Robert Heidorn will replace Vince Parisi as president and chief operating officer of Columbia Gas of Ohio.
  • Heidorn, a seasoned energy attorney, previously served as vice president and deputy general counsel of Regulatory for NiSource.
  • He also has previous experience as general counsel and chief compliance officer at Vectren Corporation and oversaw regulatory matters in Indiana and Ohio for CenterPoint Energy.
  • “As Vince transitions his focus to Indiana, we’re thrilled Robert will be stepping in to lead Columbia Gas of Ohio,” said Melody Birmingham, NiSource executive vice president and group president, NiSource utilities.

Hooper to Depart NIPSCO After 13-Year Career

Retrieved on: 
Tuesday, March 12, 2024

NiSource (NYSE: NI) today announced that Mike Hooper, president of their Indiana-based subsidiary NIPSCO, is departing on March 15, following a successful 13-year career with the organization.

Key Points: 
  • NiSource (NYSE: NI) today announced that Mike Hooper, president of their Indiana-based subsidiary NIPSCO, is departing on March 15, following a successful 13-year career with the organization.
  • Hooper is leaving to accept an opportunity to lead another Midwest utility company.
  • NIPSCO, with headquarters in Merrillville, Indiana, has proudly served the energy needs of northern Indiana for more than 100 years.
  • As Indiana’s largest natural gas distribution company and the second-largest electric distribution company, NIPSCO serves approximately 859,000 natural gas and 483,000 electric customers across 32 counties.

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Retrieved on: 
Monday, February 26, 2024

ARLINGTON, Va., Feb. 26, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2023.

Key Points: 
  • "Overall, 2023 was AES' best year ever in terms of both execution and financial performance.
  • Full year 2023 Net Income (Loss) was ($182) million, including $1.1 billion of impairments in 2023 primarily related to the Company's continued exit from coal-fired generation.
  • During full year 2023, the Company realized Tax Attributes5 of $611 million, an increase of $344 million compared to full year 2022.
  • The Company's 2024 guidance is based on foreign currency and commodity forward curves as of December 31, 2023.

Pattern Energy Announces the Appointment of Kristina Lund as President

Retrieved on: 
Thursday, August 10, 2023

SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ -- Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, announced today Kristina Lund has been appointed as President, effective September 5th, 2023, reporting directly to the CEO, Hunter Armistead.

Key Points: 
  • SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ -- Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, announced today Kristina Lund has been appointed as President, effective September 5th, 2023, reporting directly to the CEO, Hunter Armistead.
  • Lund brings more than 20 years of leadership experience to Pattern Energy, including 17 years with AES Corporation.
  • Previously, Lund served as AES' chief product officer of carbon-free energy with responsibility for the development of renewable energy products.
  • "I am thrilled to be joining the world-class team at Pattern that has been breaking barriers to the deployment of renewable energy for almost 15 years," said Ms. Lund.

Introducing The Business of Impact Podcast: Inspiring Stories of Purpose-Driven Leadership by Wavestone 

Retrieved on: 
Tuesday, June 6, 2023

NEW YORK , June 6, 2023 /PRNewswire/ -- Today, Wavestone launches The Business of Impact podcast, an engaging and thought-provoking series exploring the journeys of purpose-driven leaders who are making a significant impact in their industries and communities.

Key Points: 
  • NEW YORK , June 6, 2023 /PRNewswire/ -- Today, Wavestone launches The Business of Impact podcast, an engaging and thought-provoking series exploring the journeys of purpose-driven leaders who are making a significant impact in their industries and communities.
  • Hosted by Cecilia Edwards, a partner at the firm, this podcast aims to inspire listeners to transform their businesses and careers by prioritizing social responsibility and sustainable growth.
  • Each episode of The Business of Impact podcast features in-depth interviews with prominent leaders from various sectors who share their experiences, insights, and lessons learned while creating positive change.
  • In the first episode, Cecilia Edwards interviews Don Williams, the former Chairman and CEO of Trammell Crow Company.

AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units

Retrieved on: 
Thursday, May 4, 2023

ARLINGTON, Va., May 4, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2023.

Key Points: 
  • "Our first quarter results put us on track to meet our 2023 guidance and longer-term growth rates," said Andrés Gluski, AES President and Chief Executive Officer.
  • I am also pleased to announce our four new Strategic Business Units, which better reflect the greatly simplified company that AES is today."
  • First quarter 2023 Net Income was $189 million, an increase of $18 million compared to first quarter 2022.
  • This increase is the result of favorable contributions from the Energy Infrastructure and New Energy Technology Strategic Business Units (SBU), partially offset by lower contributions from the Utilities and Renewables SBUs.

Indianapolis Community Celebration to Discuss Impact of School Choice in Black and Brown Communities

Retrieved on: 
Wednesday, January 18, 2023

INDIANAPOLIS, Jan. 18, 2023 /PRNewswire/ -- Hoosier families and national education reform leaders will learn from the past and look to the future as they mark School Choice Week 2023 with an in-depth discussion of school choice's impact in Black and Brown communities on Wednesday, Jan. 25 at the Indianapolis Artsgarden.

Key Points: 
  • INDIANAPOLIS, Jan. 18, 2023 /PRNewswire/ -- Hoosier families and national education reform leaders will learn from the past and look to the future as they mark School Choice Week 2023 with an in-depth discussion of school choice's impact in Black and Brown communities on Wednesday, Jan. 25 at the Indianapolis Artsgarden.
  • It's part of the annual National School Choice Week 2023, celebrated with events nationwide.
  • As part of the local festivities, the AES Indiana building in Indianapolis will light up red and yellow.
  • The Week is a project of the nonpartisan, nonpolitical National School Choice Awareness Foundation.

NEXT WEEK: School Choice Week in Indiana Brings Hope, and Support to Families

Retrieved on: 
Monday, January 16, 2023

INDIANAPOLIS, Jan. 16, 2023 /PRNewswire/ -- Schools, organizations, and individuals are planning 617 celebrations of educational opportunity this month as traditional public schools, public charter schools, public magnet schools, online learning options, private schools, and home educators highlight their unique choices.

Key Points: 
  • During School Choice Week 2023, parents can learn about school choice and attend local events as they consider their K-12 options for the next school year.
  • "School Choice Week seeks to help parents and kids navigate and celebrate learning," said Andrew Campanella, president and CEO of the National School Choice Awareness Foundation.
  • To download a guide to Indiana school choice, use the school finder tool to search schools in your area or see celebration photos visit schoolchoiceweek.com/indiana.
  • The Week is a project of the nonpartisan, nonpolitical National School Choice Awareness Foundation.

Uplight Launches EV Solution Suite to Enable EV Adoption Amid Energy Transition

Retrieved on: 
Thursday, September 22, 2022

By acting comprehensively today, utilities can better enable the coming EV boom by helping customers become an asset to the grid, reduce carbon and save money.

Key Points: 
  • By acting comprehensively today, utilities can better enable the coming EV boom by helping customers become an asset to the grid, reduce carbon and save money.
  • With our innovative EV Solution Suite, we have the tools to help utilities and their customers every step of the way.
  • Uplights EV Solution Suite is configurable and modular, making it easy and fast to implement the capabilities utilities need based on EV adoption in their territory.
  • Uplights EV Solution Suite is the only utility-grade offering available that has all the critical components for utilities to manage residential EV programs.