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644 MW Natural Gas operating in Morgan, IN
644 MW
Nameplate Capacity
3
Generators
units
Natural Gas Fired Combined Cycle
Technology
2018
Operating Since
Coordinates
39.4852, -86.4183
County
Morgan, IN
Nearby Plants
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| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | AES Indiana | AES Indiana | — |
| Owner(s) | AES Indiana | AES | — |
| Status | Operating | — | — |
Eagle Valley is a 644 MW natural gas-fired combined cycle power plant located in Morgan County, Indiana. The plant began operating in 2018 and consists of 3 generators. It is owned by AES and operated by AES Indiana. Eagle Valley ranks as the 6th largest power plant out of 20 in Indiana, and 365th out of 945 nationally. The plant operates within the Midcontinent Independent Transmission System Operator (MISO) balancing authority and the ReliabilityFirst Corporation (RFC) NERC region.
In its latest year of reported generation, Eagle Valley produced 5,560,122 MWh of electricity, achieving a capacity factor of 96.4%. Financial data indicates an installed cost of $984.33 per kW, according to FERC filings.
Generated from EIA, GEM, and public data sources
ISO/RTO
MISO
Market
ISO/RTO Member
NERC Region
RFC
Balancing Authority
Midcontinent Independent Transmission System Operator, Inc.. (MISO)
Grid Voltage
138.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility
Monthly net generation as reported to EIA-923 — useful for historical context. Confidence varies sharply by fuel type; the band above and the “About this data” button explain the caveats specific to this plant and how InfraSure’s in-house model handles them.
511.0K MWh
Latest Month
5.6M MWh
Annual Generation
96.4%
Capacity Factor
Forward-looking generation outlook with probabilistic ranges across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.
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CO₂ Intensity
774 lb/MWh
NOx
0.033 lb/MWh
SO₂
0.004 lb/MWh
CH₄
0.015 lb/MWh
N₂O
0.002 lb/MWh
Capacity Factor
93.6%
Annual Net Gen
5282 GWh
CO₂eq
775 lb/MWh
Subregion
RFC West
Combined cycle · Indianapolis Power & Light Company · Data from 2018–2024
$937/kW
Installed Cost
$-19/kW
Annual CapEx
$21.7/MWh
Operating Cost
Annual Capital & Operating Expenses
Cumulative Installed Cost
Per-Unit Cost Trends
Forward revenue, DSCR bands, and refinancing risk projected under price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.
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Market Position
ISO/RTO Market
MISO
LMP Node
IPL.16EVCT7
Pricing Hub
INDIANA.HUB
Location Type
Generation Node
Node Source
Curated node match
No wholesale contracts disclosed in FERC EQR for this plant.
FERC EQR captures bilateral wholesale energy + capacity contracts ≥$1M/yr filed quarterly by jurisdictional sellers — covers renewable PPAs, thermal energy sales agreements, capacity contracts, and tolling agreements alike. Many plants don't appear: regulated-utility output flows to ratepayers via cost-of-service rather than bilateral contracts; small projects fall below the filing threshold; tax-equity-financed renewables route offtake to investors not utilities; merchant plants sell into ISO clearing markets without bilateral contracts. News-extracted buyer facts (below) may surface contracts disclosed only through announcements.
Last updated 2026-05-31
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