Holland & Hart represented Hoosier Energy Rural Electric Cooperative, Inc., a generation and transmission electric cooperative providing wholesale power and services to member distribution cooperatives, in its agreement with Hallador Energy Company to develop up to 1000 megawatts (MW) of renewable power. Hallador, through its subsidiaries, engages in the production of steam coal in the Illinois basin for the electric power generation industry.
The new generation facility will be located near the Merom Coal Generation Station in Sullivan, IN which Hoosier Energy expects to retire in May 2023. The plan calls for Hallador to develop approximately 200MW of energy from solar and battery storage through power purchase agreements with Hoosier Energy in 2025.
For more information please see Hoosier Energy’s press release.
The Holland & Hart electric power industry team was led by Denver-based partner Ashley Wald, with assistance from Chris Boling. The electric power team leverages decades of power industry experience to help clients seize opportunities to produce, develop, generate, and move electric power in the renewable and conventional power industries.