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Indiana Regulators Reopen AES Indiana’s $71M Rate Hike

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Sig3.16Sen-0.86Env0.00Soc+0.78Gov-0.77

The Indiana Utility Regulatory Commission voted to reopen AES Indiana’s $71 million rate hike, citing concerns about an impending BlackRock-led acquisition and AES Indiana’s plans related to a Google data center. Regulators will revisit the rate case to assess whether the proposed higher charges remain justified in light of the transaction and expansion plans.

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