VECTREN CORPORATION (NYSE:VVC) Files An 8-K Other Events

On April 27, 2017, the Indiana Court of Appeals denied the
Company’s appeal of its March 2016 Order (Order) from the
Indiana Utility Regulatory Commission (IURC), specifically as it
related to the recovery of approximately $80 million of projects
as part of the Companys seven-year capital infrastructure
replacement and improvement plan (the Plan). The Plan was
originally approved in 2014 and in the Order, the IURC
re-approved approximately $890 million of the Companys gas
infrastructure modernization projects. While the vast majority of
the proposed capital spend has been approved as proposed,
approximately $80 million of projects were not approved for
recovery through the mechanisms to these filings. Specifically,
the largest project the Company proposed to add to the Plan
consisted of a 20-mile transmission line and other related
investments required to support industrial customer growth and
ongoing system reliability in the Lafayette, Indiana area, as
well as allows the Company to further diversify its gas supply
portfolio via access to shale gas in the Marcellus and Utica
reserves. The project, totaling approximately $65 million, was
excluded for recovery under the Plan in the Order. The IURC
stated because the project was not in the original plan filed in
2013, it does not qualify for cost recovery under Senate Bill
560. In the Order, the IURC did pre-approve the project for rate
base inclusion upon the filing of the next base rate case. The
Company is evaluating its options related to the Courts finding
concerning the Plan update issue, but as noted herein, the
project was previously approved by the IURC for recovery in the
Company’s next base rate case. Further, the Company does not
expect similar issues related to updating future plan filings as
the project inclusion process is now better understood by all
parties.

In connection with the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, Vectren Corporation
(the Company) is hereby furnishing cautionary statements
identifying important factors that could cause actual results of
the Company and its subsidiaries, including Vectren Utility
Holdings, Inc., to differ materially from those projected in
forward-looking statements of the Company and its subsidiaries
made by, or on behalf of, the Company and its subsidiaries. These
cautionary statements are attached as Exhibit 99.1.

Item 9.01. Exhibits.

(d) Exhibits