BlackRock-Backed Takeover Could Raise Indiana Electricity Costs

Indiana leaders and community advocates are racing against time to keep electricity rates affordable as a BlackRock-owned private equity firm prepares to acquire AES Indiana’s parent company.

Indiana leaders, local officials, and community advocates are determined to keep electricity rates from rising. But that goal could soon be beyond their control. A private equity firm owned by BlackRock is preparing to acquire the parent company of central Indiana’s utility monopoly, AES Indiana.

IndyStar columnist Jacob Stewart wrote an article about the situation, saying it’s crucial that Indiana and Indianapolis join forces to prevent this takeover.

He joins Kendall and Casey to discuss:

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