Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), was recognized by PA Consulting Group as the recipient of the 2015 ReliabilityOne™ Award for Outstanding Midsize Utility. To be eligible for this recognition, a utility must deliver a reliability performance ranked in the top 95th percentile.

“This recognition is an honor to the people of IPL because we make efforts year-round to maintain the safe and reliable electric service our customers depend upon, and we remain focused on future investments in innovative technologies which will allow IPL to meet the growing needs of its customers,” said Joe Bentley, IPL Vice President of Customer Operations. “We are proud of our track record and the fact that IPL consistently ranks in the top 10 percent nationally in reliability.”

All Midsized utilities operating electric delivery networks in North America are eligible for consideration for the Outstanding Midsize Utility award. The selection of provisional recipients is based primarily on system reliability statistics that measure the frequency and duration of customer outages. After provisional recipients are selected, each company undergoes an on-site certification process which provides an independent review and confirmation of the policies, processes and systems used to collect, analyze and report a company's reliability results.

“Now in its 15th year, the ReliabilityOne™ Awards have helped bring recognition to those utilities that have maintained the highest level of reliability, brought outstanding innovation to their operations and placed the highest value on their customers,” said Jeff Lewis, PA Consulting Group’s ReliabilityOne™ Program Director. “This year IPL truly embodies the best of this tradition by demonstrating exceptional leadership in customer engagement, reliability and innovation.”

More information of IPL’s efforts to ensure reliability can be found by going to IPLpower.com.

About Indianapolis Power & Light Company and AES.

Indianapolis Power & Light Company (IPL), an AES Company, provides retail electric service to more than 480,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County. During its long history, IPL has supplied its customers with some of the lowest-cost, most reliable power in the country. For more information about the company, please visit www.IPLpower.com or connect with us at www.twitter.com/IPLpower, www.facebook.com/IPLpower or www.linkedin.com/company/IPLpower.

The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 18 countries through a diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 18,500 people is committed to operational excellence and meeting the world’s changing power needs. AES’ 2014 revenues were $17 billion, and we own and manage $39 billion in total assets. To learn more, please visit www.aes.com. Follow AES on Twitter @TheAESCorp.

About PA Consulting Group

PA is an employee-owned firm of over 2,500 people, operating globally from offices across North America, Europe, the Nordics, the Gulf and Asia Pacific. Our specific expertise is in energy and utilities, financial services, health, life sciences, consumer and manufacturing, government, defense and security, transport and logistics.

Our deep industry knowledge together with skills in management consulting, technology and innovation allows us to challenge conventional thinking and deliver exceptional results with lasting impact. www.paconsulting.com

PA’s ReliabilityOne™ awards are presented to electric utilities providing their customers with the highest levels of reliability in the industry. PA’s ReliabilityOne™ study is based on standard industry reliability statistics that measure the frequency and duration of electric power outages and has been analyzing electric utility performance since 1987. For more information about PA Consulting Group, visit www.paconsulting.com/energy.