Smart Technology Adoption Hoosier Energy has demonstrated a strong focus on integrating innovative technology solutions, such as selecting OATI DERMS for managing smart home devices and modernizing their microwave transmission network with Aviat Networks, presenting opportunities for advanced energy management and communication technology solutions.
Substantial Asset Investments The company has invested over $675 million in acquiring 370 MW of power assets and contributed nearly $1 billion to facility projects in 2022, indicating a significant commitment to expanding and upgrading their energy infrastructure, which could benefit from tailored hardware, software, and maintenance services.
Community and Commercial Programs Through initiatives like the Cooperative Power Management Program supporting industrial and large commercial consumers, Hoosier Energy offers potential for companies providing load management, demand response, and energy efficiency solutions tailored to large-scale commercial clients.
Partnership Expansion Recent partnerships with organizations like Johnson County REMC and the signing of new clients highlight opportunities for sales in collaborative energy projects, joint ventures, and shared grid modernization efforts, emphasizing their active pursuit of strategic alliances.
Financial Growth Potential With revenues estimated between $500 million and $1 billion and ongoing infrastructure investments, Hoosier Energy presents a promising target for financial and consulting services aimed at supporting their growth, asset management, and technological modernization initiatives.