September 23, 1998
Securities and Exchange Commission
Operations Center
6432 General Green Way
Alexandria, VA 22312-2413
Gentlemen:
We are transmitting herewith Indiana Energy, Inc.'s
Current Report on Form 8-K.
Very truly yours,
/s/ Douglas S. Schmidt
Douglas S. Schmidt
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 23, 1998
INDIANA ENERGY,INC.
(Exact name of registrant as specified in its charter)
INDIANA 1-9091 35-1654378
(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification
Number)
1630 North Meridian Street, Indianapolis, Indiana 46202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (317) 926-3351
Item 5. Other Events
See the following press release dated September 23, 1998, announcing
the agreement of Reliant Services, LLC for the purchase of two
companies.
CINERGY - INDIANA ENERGY ACQUIRE UNDERGROUND LOCATING AND
CONSTRUCTION COMPANIES
INDIANAPOLIS - Reliant Services, LLC, a joint venture of Cinergy Corp.
and Indiana Energy, Inc., has signed an agreement to purchase two
Indianapolis area companies to enable it to enter the underground
facilities locating and construction market once certain regulatory
approvals are received.
Reliant is acquiring Utility Resources, Inc. and Midwest Marking,
Inc., which presently do work for major utilities and other customers
throughout the Midwest. Mike Drew, president of Utility Resources and
Midwest Marking, is expected to be named president of Reliant
Services.
Cinergy Supply Network and IGC Energy formed Reliant this summer to
focus initially on serving electric, gas, telephone, cable and water
companies in Indiana, Ohio and Kentucky. Reliant expects to
capitalize on the growth anticipated with the recent passage of
national "call before you dig" legislation which requires all states
to establish a centralized call-in number to identify underground
facilities which are vulnerable to damage during any type of
excavating. Currently, utility customers and construction companies
in Indiana, Ohio, and Kentucky can call a centralized number. The
call alerts utilities that have underground lines in the proximity of
the proposed dig site, and each utility then dispatches a line locator
to the proposed site.
"This acquisition should give Reliant a running start and our current
customers will benefit as well from the additional resources and
expertise Cinergy and Indiana Energy bring to this venture," said
Drew. "We will also be able to expand our business into a larger
geographical area rapidly and efficiently."
Cinergy Corp., headquartered in Cincinnati, is the parent company of
The Cincinnati Gas & Electric Co. and PSI Energy Inc., which serve 1.4
million electric customers and more than 455,000 gas customers in
Indiana, southwest Ohio, and Northern Kentucky.
Indiana Energy, with headquarters in Indianapolis, is the parent
company of Indiana Gas, a gas distribution company serving 486,000
customers in central and southern Indiana, and of IEI Investments, a
non-regulated ventures holding company focusing on energy related
investments.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
INDIANA ENERGY, INC.
Registrant
Dated September 23, 1998 /s/Niel C. Ellerbrook
Niel C. Ellerbrook
President and Chief Operating Officer
Dated September 23, 1998 /s/Jerome A. Benkert
Jerome A. Benkert
Vice President and Controller
