IPL’s parent company to move headquarters to Indy

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INDIANAPOLIS, Ind.—The parent company of Indianapolis Power & Light Company (IPL) announced their plans to move their headquarters to the Circle City, creating up to 100 high-wage jobs by the end of 2014.

AES Corporation will invest approximately $1.2 million in its Indianapolis operations, and they will be headquartered in IPL’s existing center at the Electric Building on Monument Circle.

“We are proud that a global company like AES has chosen Indiana as its hub for all U.S. operations,” said Gov. Mike Pence. “Indiana’s unmatched business climate, central location and strong workforce continue to set us apart and make our state the best place for companies to expand and more effectively run their business.”

AES, one of the world’s largest independent power producers, has 25,000 associates globally, including 3,600 employees in the U.S.  The company will begin filling new positions immediately and interested candidates should apply here.

“This decision demonstrates AES’ commitment to Indiana,” said Ken Zagzebski, the new president of AES’ U.S. strategic business unit and chief executive officer of IPL. “AES decided to expand here primarily due to the excellent business and regulatory climate we have in the state.”

The Indiana Economic Development Corporation offered AES Corporation up to $2,750,000 in conditional tax credits and up to $87,500 in training grants based on the company’s job creation plans.

“IPL has always been a valued partner in our community and we welcome its parent company’s expanded presence in Indianapolis,” said Indianapolis Mayor Greg Ballard. “Our community will benefit from AES’ commitment to bring high-wage job opportunities to our skilled workforce.”

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