AES Indiana, along with Pike County officials and community leaders, announced plans for a $1.1 billion investment in the county’s energy future from 2024 to 2026. The investment includes repowering the Petersburg Generating Station’s Units 3 and 4 from coal to natural gas, pending approval from the Indiana Utility Regulatory Commission (IURC), as well as the addition of new solar and battery storage projects. These initiatives are expected to create around 300 construction jobs and generate approximately $40 million in taxes and benefits for Pike County over the next 20 years.
