---
schema_version: "secwatch.filing_event.v1"
accession: "0000728391-24-000029"
form_type: "8-K"
ticker: null
cik: "0000728391"
company_name: "IPALCO ENTERPRISES, INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:58:17.721384+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0000728391-24-000029
- form_type: 8-K
- cik: 0000728391
- company_name: IPALCO ENTERPRISES, INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/728391/000072839124000029/0000728391-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/728391/000072839124000029/cik0000728391-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000728391-24-000029
- JSON: https://secwatch.observer/filing/0000728391-24-000029.json
- Plain text: https://secwatch.observer/filing/0000728391-24-000029.txt

## Key facts
- Executive change
  Gustavo Garavaglia was elected as Director at IPALCO ENTERPRISES, INC..
  - Action: elected
  - Role: Director
  source text: Mr. Garavaglia also was elected on April 15, 2024 to the Board of Directors (the “Board”) of IPALCO
  evidence_url: https://www.sec.gov/Archives/edgar/data/728391/000072839124000029/0000728391-24-000029-index.htm
- Executive change
  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
  source text: appointed Gustavo Garavaglia as Vice President and Chief Financial Officer of IPALCO and AES Indiana and to the Board of Directors of AES Indiana.
  evidence_url: https://www.sec.gov/Archives/edgar/data/728391/000072839124000029/0000728391-24-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.