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Welcome to Indy. Geoff Gailey VP, Human Resources Indianapolis Power & Light Company CEWD Summit October 8, 2009. IPL Overview. Founded in 1927 Acquired by AES in March 2001 Currently serves 470,000 residential, commercial and industrial customers More than 1,400 employees
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Welcome to Indy Geoff Gailey VP, Human Resources Indianapolis Power & Light Company CEWD Summit October 8, 2009
IPL Overview • Founded in 1927 • Acquired by AES in March 2001 • Currently serves 470,000 residential, commercial and industrial customers • More than 1,400 employees • 1,360 km2 service territory • Owns and operates 3,492 MW of generating capacity • Transmission and Distribution Reliability – Best in Indiana • Over $1 billion gross revenue • Residential rates the lowest among large U.S. cities served by investor owned utilities • Strong profitability
AES today… • Industry Leadership • Over 25 years of development, construction & operations experience • Operations in 29 countries on 5 continents managing $33B in assets • Global workforce of 28,000 talented people • Diversified portfolio • 44 GW generation plants largely contracted under long-term contracts • 15 utilities, including IPL • Alternative energy business • Over 1000 MW of wind projects in operation • Production of greenhouse gas emissions credits • Strong Development Pipeline • More than 25,000 MW of core power projects and 4,000 MW of wind projects in the works
Our Shared Core Values… • Put safety first • Act with integrity • Honor commitments • Strive for excellence • Have fun through work
Community Leadership Customer Service Safety Employee Engagement Reliability Environment Financial Our operatingphilosophy…
Human Resources Mission • Recruit, retain & train • Celebrate what is right • Serve our customers • Be the Best
Talent Management & Retention Plan • Aging Workforce • Beat the Baby Boomer Exodus • Knowledge transfer • Recruit & retain exceptional employees • Intern/Co-op program • Ivy Tech partnership • Total Rewards • Employment Brand
Renewable Energy at IPL • Alternatively Fueled Vehicles • Green Power Option • Hoosier Wind Project • RFP For Up To 200 MW of Additional Renewables