Kentucky Coop Reaches $19.5 Million Settlement with Coal Supplier
Big Rivers Electric Corporation (Big Rivers) and coal supplier Oxford Resource Partners (Oxford) have agreed to a $19.5 million settlement to resolve a breach of contract suit against Big Rivers that began two years ago. Even with the settlement payout, Big Rivers is positioned to save $41 million in fuel costs because it switched to a less expensive coal than that offered by Oxford. Click here to read more about this story.