Vectren Corp.

Published : July 15th, 2015

Gas pipeline upgrades to begin in Troy, Ohio

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Keywords :   Iron | K Street | Natural Gas |

Gas pipeline upgrades to begin in Troy, Ohio

July 15, 2015

FOR IMMEDIATE RELEASE

Media contact: Natalie Hedde, 812-491-5105 or [email protected]

News Release Vectren Corporation

One Vectren Square

Evansville, IN 47708

Gas pipeline upgrades to begin in Troy

Troy, Ohio - Contract crews working for Vectren Energy Delivery (Vectren) will begin replacing gas mains and service lines in Troy as part of the company's pipeline replacement program, which is a multi-year program to replace about 700 miles of bare steel and cast iron pipeline infrastructure throughout Ohio. In Troy, $2.4 million will go toward replacing four miles of gas main and more than 440 service lines in 2015. Since 2008, more than seven miles have been replaced within the city. Vectren intends to replace in total 31 miles in Troy over the next several years.
"To ensure the continued reliability of our natural gas pipeline systems and service, Vectren has undertaken a program to replace essentially all of our bare steel and cast iron pipeline infrastructure," said Colleen Ryan, Vectren Energy Delivery of Ohio president. "These infrastructure enhancements are vital to meeting federal requirements and ensuring the continued safety of our system for decades to come."
Streets affected during the first project will include: Mckaig Avenue, Summit Avenue, Race Street, Lake Street, Drury Lane and Wayne Street. Visit the Active Projects tab on vectren.com/pipelinereplacement to view maps of all areas in Troy where construction will take place in 2015.
In most cases, a polyethylene (plastic) system is being installed to replace the current bare steel and cast iron gas pipeline system. First, the gas main will be replaced within the right-of-way, and then the service lines running directly to homes and businesses will be replaced. Upon completion of the project, affected yards, sidewalks and streets will be restored.
"Construction for these pipeline projects may take several weeks to complete, and times may vary based on the size of the project, weather, ground surface/soil and other situations that may arise," said Ryan. "Please be assured that Vectren and its contractors will make every effort to complete each project as quickly as possible and minimize impact to customers and the community."
Prior to service replacement, a Vectren representative will contact customers to provide an overview of the required work. Vectren reminds Troy residents to please keep the following in mind:
Please exercise caution when driving through the construction zones.
We urge residents and their children to keep a safe distance away from any work zones.
Troy is one of more than 40 cities in Ohio undergoing this type of pipeline replacement. Since 2009, more than
200 miles of gas mains have been replaced in the Vectren Ohio territory, which has led to a 15 percent reduction in leak calls and a reduction in natural gas emissions from the distribution system. For more information about the program, visit Vectren.com/pipelinereplacement.

About Vectren

Vectren Corporation (NYSE: VVC) is an energy holding company headquartered in Evansville, Ind.
Vectren's energy delivery subsidiaries provide gas and/or electricity to more than 1 million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include infrastructure services and energy services. To learn more about Vectren, visit www.vectren.com.
- end -

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Vectren Corp.

CODE : VVC
ISIN : US92240G1013
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Vectren is a development stage company based in United states of america.

Vectren is listed in United States of America. Its market capitalisation is US$ 4.2 millions as of today (€ 3.9 millions).

Its stock quote reached its highest recent level on December 01, 1995 at US$ 9.94, and its lowest recent point on April 22, 2024 at US$ 0.05.

Vectren has 83 040 212 shares outstanding.

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