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AES Indiana invests $1.1 billion in Pike County for energy transition, including coal-to-gas conversion and solar projects.

AES Indiana, a utility company, is investing $1.1 billion in energy transition projects in Pike County, Indiana. The projects include converting its last coal-fired units to run on gas, completing a solar-plus-storage project by 2025, and installing a new 200-MW battery energy storage system. The company plans to convert the Petersburg Generating Station to burn natural gas instead of coal by 2026, making it the first utility in Indiana to exit coal-based power production. These investments are part of AES Indiana’s energy diversification plan for Pike County aligning with its 2022 Integrated Resource Plan and are expected to reduce carbon emissions and increase renewable energy generation in the region.

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