INDIANAPOLIS — Some consumer groups want federal regulators to take a closer look at BlackRock’s plan to buy AES, the parent company of AES Indiana.
FOX59 reports the Citizens Action Coalition and several other groups filed a complaint with the Federal Energy Regulatory Commission. They argue the deal could break federal law.
Citizens Action Coalition Executive Director Kerwin Olson says BlackRock’s goal is to make money, and that could lead to higher electric bills for the roughly 500,000 AES Indiana customers. He says federal regulators have not decided whether they will investigate the complaint…