INDIANAPOLIS - The global power company AES -- the parent company of Indianapolis Power and Light -- announced it's moving its U.S. headquarters to Indianapolis, inside the IPL building on Monument Circle.
The move is expected to bring 100 high-paying jobs to the city.
Indiana Gov. Mike Pence credits Indiana's economic climate and says he expects more businesses to relocate to Indiana in the future because of it.
The Indiana Economic Development Corporation offered AES $2.7 million in tax incentives and $87,000 in training grants as long as the company hires Hoosiers.
Pence said the deal shows Indiana is open for business.
"Indiana is the fiscal envy of the country," he said. "We've promoted policies in our taxes and in our regulatory environment that make Indiana quite simply the best place in America to start a business, grow a business and get a job, and today's announcement by AES Corporation confirms that."
The first round of jobs is already available and posted on AES' website . Many pay more than $100,000 a year.