Strategic Asset Investment Hoosier Energy has recently invested over $675 million in acquiring 370 MW of assets, indicating their ongoing commitment to expanding and modernizing their generation capacity. This opens opportunities for suppliers of energy infrastructure, advanced technologies, and asset management solutions.
Focus on Smart Technology The company's recent selection of OATI DERMS to manage smart home devices demonstrates a focus on integrating smart grid and distributed energy resources. Suppliers offering smart grid technology, IoT solutions, and digital management platforms can find a receptive market partner here.
Infrastructure Modernization Hoosier Energy is actively upgrading its microwave transmission network with Aviat Networks. This indicates potential sales opportunities in wireless infrastructure, telecommunication upgrades, and network modernization services tailored for utility companies.
Community and Commercial Engagement The launch of the Cooperative Power Management Program and partnerships with large commercial and industrial members showcase their efforts to enhance load flexibility and community involvement. This presents opportunities for energy management solutions, demand response technologies, and commercial energy efficiency services.
Collaborative Growth Hoosier Energy’s recent board appointments and strategic partnerships with regional utilities like Johnson County REMC highlight a willingness to form alliances and expand operational capacity. Engagement with consultancies or joint ventures in utility modernization and regional energy projects could be mutually beneficial.