Eversheds Sutherland Coop Law Blog
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Hoosier and EDPR Partner on Solar Project

Hoosier Energy Rural Electric Cooperative, Inc. (Hoosier) and EDP Renewables (EDPR) have executed a power purchase agreement in connection with the 200 MW Riverstart Solar Park, which is expected to be operational in 2022. Riverstart Solar Park will be the largest solar array in Indiana, producing enough clean electricity to power approximately 37,000...

Wabash Valley and Hoosier Energy Sign Wind PPA

Wabash Valley Power Association (Wabash Valley) and Hoosier Energy Rural Electric Cooperative, Inc. (Hoosier Energy) have signed a two-year power purchase agreement (PPA) with EDP Renewables to purchase 100 percent of the wind capacity from Meadow Lake V located in northwestern Indiana. The PPA will provide 25 MW of energy in 2018 and an additional 50 MW in 2020 for Hoosier Energy, and...

Indiana Coop and CFC “Amend & Extend” Line of Credit

Hoosier Energy Rural Electric Cooperative (Hoosier), based in Indiana, and the National Rural Utilities Cooperative Finance Corporation (CFC) have finalized a deal to “amend and extend” a $400 million line of credit.  The line of credit, which has an original maturity date of August 11, 2016, will now remain in place through April 30, 2018.  Hoosier’s plans for the credit line include...