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Hoosier Energy says it hopes for construction to be completed in late 2013.
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updated: 4/30/2012 12:29:25 PM
Power Company Planning Major Project
Shaw says the Hoosier Energy project is the cornerstone of the county's long-term economic plan.
Bloomington-based Hoosier Energy says it wants to build a power facility in Owen County. The company intends to invest up to $30 million on the operation, which would house more than 60 employees. Owen County Economic Development Executive Director Denise Shaw says the organization has done "five years of work in five months" to get the infrastructure in place for the development. The company is still seeking local approval for the plant.
April 30, 2012
News Release
Hoosier Energy is seeking local approvals needed to locate a power delivery and operations facility at a 95-acre site in Owen County. Investment at the proposed location is expected to be in the $25-million to $30-million range.
The site is located on State Road 43 near the intersection with State Road 46. Hoosier Energy, the power supplier for 18 electric cooperatives in central and southern Indiana and southeastern Illinois, is considering construction of offices, warehouses, maintenance and vehicle service and storage facilities, a communications tower and other operations facilities at the site.
More than 60 employees would be based at the new location.
Following a yearlong site evaluation process in a multi-county area, the Owen County property was selected for the proposed facility due to proximity to transmission and substation assets, good transportation
access, space for future growth, and support from community leaders.
The proposed operations facility is part of a long-range plan recently adopted by the power supply cooperative’s board of directors.
Negotiations continue on a few remaining issues. Hoosier Energy hopes to resolve those issues soon and break ground on the project later in 2012. Current plans call for construction to be completed in late 2013.
Two Hoosier Energy member cooperatives serve consumers in Owen County including Martinsville-based South Central Indiana REMC and Bloomfield-based Utilities District of Western Indiana REMC.
About Hoosier Energy
Hoosier Energy is a generation and transmission cooperative (G&T) with headquarters in Bloomington, Indiana. The G&T provides electric power and other services to 18 electric distribution cooperatives, which collectively meet the electricity needs of more than 750,000 residents, businesses, industries and farms. Hoosier Energy, Indiana’s first power supply cooperative, operates five power plants, two renewable energy plants and a transmission network that includes 1,700 miles of high-voltage lines, 21 primary substations and more than 350 delivery points. For more information, visit www.hepn.com.
In addition, Hoosier Energy provides training, key accounts, marketing, communications and technical services to its member cooperatives. Hoosier Energy and its members are cooperative businesses that provide reliable, affordable electric power and carry on a long-standing commitment to improve the quality of life in local communities.
Source: Hoosier Energy
