On the Record · Ipalco Enterprises

Ipalco Enterprises acquisitions, on the record

The businesses Ipalco Enterprises bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Hardy Hills Solar Energy LLC Word for word“In December 2021, AES Indiana, through a wholly-owned subsidiary, completed the acquisition of Hardy Hills Solar Energy LLC, including the development of a 195 MW solar project (the "Hardy Hills Solar Project").” 10-K for 2023	acquisition	In December 2021	—
Petersburg Energy Center, LLC Word for word“In August 2023, AES Indiana, through a wholly-owned subsidiary, completed the acquisition of Petersburg Energy Center, LLC, including the development of a 250 MW solar and 45 MW ( 180 MWh) energy storage facility (the "Petersburg Energy Center Project").” 10-K for 2023	acquisition	In August 2023	—
Hoosier Wind Project Word for word“The Company executed the Purchase Agreement on July 28, 2023.” 10-K for 2023	agreed acquisition	The Company executed the Purchase Agreement on July 28, 2023	—
Hardy Hills Solar Project Word for word“The transaction closed in December 2021 and was accounted for as an asset acquisition of a variable interest entity that did not meet the definition of a business; therefore, the individual assets and liabilities were recorded at their fair values.” 10-K for 2023	acquisition	The transaction closed in December 2021	—
Petersburg Energy Center Project Word for word“On August 31, 2023, AES Indiana closed on the agreement for the acquisition and construction of the Petersburg Energy Center Project.” 10-K for 2023	acquisition	On August 31, 2023	—
Crossvine Project Word for word“On August 1, 2024, AES Indiana executed an agreement for the acquisition of a development stage solar and BESS project to be developed in Dubois County, Indiana.” 10-K for 2024	agreed acquisition	On August 1, 2024	—
Crossvine Solar 1, LLC Word for word“On May 16, 2025, AES Indiana completed the acquisition of Crossvine Solar 1, LLC (“Crossvine”), including the development of 85 MW of solar and 85 MW (340 MWh) of energy storage which is expected to be placed in service in mid-2027.” 10-K for 2025	acquisition	May 16, 2025	—
Hoosier Wind, LLC Word for word“Of the total consideration transferred of $ 92.6 million, including transaction costs, approximately $ 48.8 million was allocated to the identifiable assets acquired on a relative fair value basis, primarily consisting of tangible wind farm assets and typical working capital items.” 10-K for 2025	acquisition	—	$ 92.6 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)
2022-12-31	$0
2023-12-31	$0
2024-12-31	−$48.4 million
2025-12-31	−$77.6 million

Deal filings since 2016

2025-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-03-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Ipalco Enterprises’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.