Vectren

CenterPoint Energy could begin construction of two new natural gas-fired units to serve electricity customers in Indiana as soon as next year, if state regulators approve the utility’s plan that includes the closure of two units of a coal-fired power plant at a site along the Ohio River. CenterPoint’s $323-million proposal to the Indiana Utility […]

Vectren Corp., the electric utility that serves much of southern Indiana, has announced a plan to shutter its remaining coal-fired power plants and transition to renewable energy. The utility also said it would add gas-fired generation to back up those renewable resources. Vectren’s June 15 announcement comes about two years after Northern Indiana Public Service […]

Indianapolis Power & Light (IPL) on Dec. 9 announced it will close two of the four coal-fired units at its Petersburg Generating Station in southern Indiana, as the utility continues to move away from coal generation. IPL has been pressured by state political leaders and environmentalists to close the 1,700-MW Petersburg facility, the largest power […]

SOMERSET, NJ (August 15, 2019) – BEUMER Group, an industry leader in the design and manufacture of conveying and loading systems, announced today that it has been selected to provide design/build services for a new recycled ash pipe conveyor system at the A.B. Brown Generating Station located near Mount Vernon, Indiana, owned by Vectren, a CenterPoint […]

The Indiana Utility Regulatory Commission (IURC) on April 24 rejected Vectren’s proposal to build an 850-MW natural gas-fired power plant to replace two coal-burning units at its A.B. Brown Generating Station, along with another coal unit at a nearby plant. The commission said it based its decision on the potential financial risk to ratepayers who they said […]

A myriad of issues come into play when parties execute power industry mergers and acquisitions. Part 2 of this two-part series looks at the issues involved with acquisition agreements, and some of the more

An Indiana consumer protection agency has told state regulators they should reject Vectren Corp.’s plan to build a new natural gas-fired power plant in the state. Vectren wants the plant to replace four of the utility’s retiring coal-fired units. Indiana’s Office of Utility Consumer Counselor (OUCC) on August 13 said it completed a five-month legal […]

CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]

An Indiana utility has confirmed it will close three coal-fired power units, replacing that generation with a proposed natural gas-fired facility along with additional solar power. Evansville, Indiana-based Vectren Corp., a holding company whose assets include Vectren Energy Delivery of Indiana-South, on February 20 released its Smart Energy Future strategic plan, designed to reduce Vectren’s […]