IPALCO subsidiary AES Indiana gets $71M rate increase approval; appoints new CFO

IPALCO ENTERPRISES, INC.

IURC approved $71M revenue increase for AES Indiana base rates, effective May 2024.
Rate order authorizes 9.9% ROE and 4.90% cost of long-term debt on ~$3.5B rate base.
Gustavo Garavaglia appointed VP and CFO of IPALCO and AES Indiana effective April 15, 2024.
Mr. Garavaglia returns from Vale Base Metals; previously served as IPALCO CFO (2018-2022).

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Gustavo Garavaglia

Director

IPALCO ENTERPRISES, INC.

Effective: 2024-04-15
Filed: April 18, 2024, 7:59 PM ET

Mr. Garavaglia also was elected on April 15, 2024 to the Board of Directors (the “Board”) of IPALCO

Appointed

Gustavo Garavaglia

Vice President and Chief Financial Officer of IPALCO and AES Indiana

IPALCO ENTERPRISES, INC.

Effective: 2024-04-15
Filed: April 18, 2024, 7:59 PM ET

appointed Gustavo Garavaglia as Vice President and Chief Financial Officer of IPALCO and AES Indiana and to the Board of Directors of AES Indiana.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Gustavo Garavaglia was elected as Director at IPALCO ENTERPRISES, INC..

Action: elected
Role: Director

Exact text from the filing

Mr. Garavaglia also was elected on April 15, 2024 to the Board of Directors (the “Board”) of IPALCO

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gustavo Garavaglia was appointed as Vice President and Chief Financial Officer of IPALCO and AES Indiana at IPALCO ENTERPRISES, INC..

Action: appointed
Role: Vice President and Chief Financial Officer of IPALCO and AES Indiana

Exact text from the filing

appointed Gustavo Garavaglia as Vice President and Chief Financial Officer of IPALCO and AES Indiana and to the Board of Directors of AES Indiana.

View on SEC.gov

Source: SEC EDGAR

accession 0000728391-24-000029

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