Politics· States Newsroom

Electric utility makes case to keep profit margin despite state’s rate increase rethink

States Newsroom · November 10, 2026

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Political maneuverings by Indiana leaders could raise costs for AES Indiana and the electricity customers they seek to aid, the utility’s representatives are warning in testimony to state regulators. They maintain that neither a BlackRock-backed buyout of parent company AES nor a Google data center planned for central…

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