Vectren : continues electric network upgrades to support downtown Evansville revitalization

News Release

Vectren Corporation

P.O. Box 209

Evansville, IN 47702-0209

FOR IMMEDIATE RELEASE

June 06, 2018

Contact: Natalie Hedde, 812-491-5105 [e-mail]

Vectren continues electric network upgrades to support downtown Evansville revitalization

Evansville, Ind. - As revitalization efforts continue in Evansville's downtown, Vectren Energy Delivery of Indiana - South (Vectren) is committed to supporting those efforts by increasing the reliability of its downtown electric network. Several projects are currently in progress to ensure Vectren's infrastructure can support Evansville's growing downtown.

This year, crews will complete five grid modernization and expansion projects in downtown Evansville. Two of the projects consist of underground cable replacement, which will include replacing aging infrastructure and retrofitting existing manholes lids for added safety. Another two projects are to replace network transformers serving several downtown-area buildings.

Finally, Vectren is currently constructing a new underground circuit on Second Street that will provide service to the Post House, a $40 million mixed-use development that will be located next to Bru Burger. The new circuit will eventually continue down Second Street to tie into another circuit and support upgrades being completed by Evansville Water and Sewer.

"This is an exciting time for our community as businesses locate and/or expand in the heart of downtown Evansville," said Brad Ellsworth, president of Vectren Energy Delivery of Indiana-South. "This modernization work is part of our Smart Energy Future strategy and will ensure Evansville's network is capable of meeting local energy demands as the City's comprehensive downtown Master Plan continues to unfold."

Generally, customers will notice projects beginning when crews have placed signage in the area. These projects and others in Vectren's southwestern territory are part of the company's Smart Energy Future Strategy. Customers can learn more about Vectren's grid modernization plan and its customer benefits atwww.vectren.com/smartenergyfuture.

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 about 20 percent of Ohio, primarily in the west central area. 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, visitwww.vectren.com.

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