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IPL Parent Company Moving Headquarters To Indianapolis

AES plans to hire 100 new workers at its new headquarters.

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Photo: Paul Sableman (flickr)

Indianapolis Power and Light's parent company says it chose Indiana because of the business climate.

The Fortune 500 parent company Indianapolis Power and Light is moving its U.S. headquarters to Indianapolis.

Virginia will still be AES’ global headquarters, but the company‘s 21 U.S. electric utilities and generation facilities, which until now have been largely autonomous, will now be run from Indy.

Hiring is already underway for what is expected to be 100 new jobs in Indianapolis, starting with finance positions.

IPL CEO Ken Zagzebski, whose title will now include president of AES’ U.S. business unit, says AES wants to create a single mindset for all its American operations.

“All the businesses were really autonomous in the past and we want to run as more of a single mindset where we can take advantage of one another’s knowledge and leverage that.

Zagzebski says AES picked Indy because of its central location and Indiana‘s business climate, and for what he says is a forward-thinking energy policy in the city and state, pointing to Indianapolis Mayor Greg Ballard‘s commitment to converting the city‘s vehicle fleet to electric cars and hybrids.

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