Peabody Signs Long-Term Coal Deal With Missouri Cooperative AECI

Peabody Signs Long-Term Coal Deal With Missouri Cooperative AECI

Peabody Energy, one of the largest producers of thermal coal in the U.S., has signed a major supply agreement with electric cooperative Associated Electric Cooperative Inc. (AECI), committing to deliver […] The post Peabody Signs Long-Term Coal Deal With Missouri Cooperative AECI appeared first on POWER Magazine.

Peabody Signs Multi-Year Contract with Associated Electric

Peabody has signed a contract to provide 7-8 million tons per year of coal to Associated Electric Cooperative Inc. for at least the next seven years. “This substantial agreement demonstrates the ongoing importance of Peabody’s coal in providing reliable, affordable baseload electricity for years to come,” said Peabody President and CEO Jim Grech. “American demand for electricity is growing for the first time in many years given increased power n…