Hoosier Energy, Hallador Energy Company finalize ownership transfer of Merom Generating Station, multiyear PPA

Hoosier Energy has promoted Mark Thompson to Manager of Market-Based Rates and Special Contracts. Thompson previously served as a Key Accounts Manager at Hoosier and was responsible for implementation and assistance in developing programs focused on supporting large commercial and industrial (C&I) consumers for Member Systems.

Hoosier Energy has named Chad Cornelius Manager of the Project Management Office. Cornelius and his team are responsible for ensuring standards, practices and procedures are consistently applied across the company’s project work plan. His primary focus is to build, standardize and continuously improve departmental and interdepartmental project management processes.

Hoosier Energy has named Cory Samm as Manager of Power Supply Portfolio. In this role, Samm will create and settle contracts with counterparties for portfolio purchasing, assist in decision-making and justification for new generation construction, conversion, sales, or partnerships, and assist in contract management of existing executed resources.

Hoosier Energy and its 18 member distribution cooperatives throughout south-central Indiana and southeast Illinois announced today the official launch of Why Electrify, an informational website providing member-consumers with data and information on electricity usage, energy efficiency and beneficial electrification.

Hoosier Energy has named Josh Cisney as Manager of Portfolio Optimization. In the new role, Cisney will support and help manage the company’s active supply portfolio, including negotiation, procurement, and oversight of resources through various term-energy and capacity-product contracts. He will also identify and assess alternative commercial strategies and non-traditional power supply resources, analyzing portfolio impacts to optimize member value and manage risk.  

Hallador Energy Company (NASDAQ – HNRG), through its new subsidiary Hallador Power Company, LLC, will acquire Hoosier Energy’s 1-Gigawatt Merom Generating Station, located in Sullivan County, Indiana, in return for assuming certain decommissioning costs and environmental responsibilities. The transaction, which includes a 3.5-year power purchase agreement (PPA), is scheduled to close in mid-July 2022 upon obtaining required governmental and financial approvals. 

Marty Lasure, Vice President of Communications & Member Services at Bartholomew County Rural Electric Member Cooperative (BCREMC), was recently elected to the board of directors of Touchstone Energy. Lasure begins her first three-year term on March 4th at the board’s national organizational meeting in Nashville, IN.

Hoosier Energy has named Justin Swarens as Manager of Delivery Services. With more than two decades of experience in the electric industry, Swarens’ primary focus is to ensure the highest possible system reliability. His responsibilities include all construction, operation and maintenance of Hoosier Energy’s transmission and substation facilities.