Indianapolis Power & Light Company Review & Valuation IPWLK
About Indianapolis Power & Light Company PFD 4.80% CDT
Indianapolis Power & Light Company primarily engages in generating, transmitting, distributing, and selling electric energy in the United States. The company owns and operates four generating stations, including coal-fired, natural gas and fuel oil, and natural gas-fired stations, as well as a battery energy storage unit with a net electric generation capacity of 2,996 megawatts (MW) in winter and 2,881 MW in summer. It provides retail electric service to approximately 490,000 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 is a subsidiary of IPALCO Enterprises, Inc.
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