Coal Age

OCT-NOV 2017

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8 www.coalage.com October/November 2017 news continued As part of the retirement process, Luminant filed a notice with the Electric Reliability Council of Texas (ERCOT), which will trigger a reliability review. If ERCOT determines the units are not needed for reliability following this 60-day review, Luminant ex- pects to stop plant operations on January 4. The company said it will take the necessary steps to respon- sibly decommission the facility in accordance with all federal and state regulations. In addition, it will continue the ongoing recla- mation work at the plant's mines, which ceased active operations in spring 2016. Process of Transferring Ownership Continues for Navajo Station Peabody Energy confirmed that a number of highly qualified potential investors have expressed interest in pursuing an ownership position in the Navajo Generating Station for oper- ation beyond 2019, meeting a major milestone for identifying a new ownership structure. The ownership transition pro- cess, led by Lazard Fréres & Co. LLC, remains on track with the transition timeframe outlined by plant majority owner and operating agent Salt River Project, which has agreed to help facilitate an ownership transition subject to negotiation of de- finitive agreements. "The Navajo Nation is committed to engaging in negotiations as this important process continues," said Navajo Nation Presi- dent Russell Begaye. "The nation is encouraged by the expressed interest of potential owners as the process moves forward." "We are pleased with the robust response to the plant's own- ership transition process to date," said George Bilicic, Lazard vice chairman and global head of power, energy and infrastructure, who is leading the process. "In the next phase, we will continue an intense focus to develop a new ownership structure, working toward a final selection of investors and negotiating definitive agreements by the end of the first quarter of 2018." "Lazard believes the Navajo Generating Station is a critical re- source in the region for power generation and resource diversity, and from a total regional economic impact perspective. Lazard took on this project because we believe there will be an optimal path forward that solves the needs of the many stakeholders in- volved, including the Navajo, Hopi and ratepayers in Arizona," Bilicic said. Development of the Navajo Generating Station was authorized by Congress and serves as a stable, affordable power source to move water across the state for the Central Arizona Project. The plant was sited on tribal lands, using Navajo and Hopi energy resources to cre- Larry Evans has been appointed vice president of business development and strategy at Corsa Coal Corp. Previously, he owned SouthernApp Technical Services, a consulting company offering mining, civil and environmental engineering services in the coal mining sector. Prior to that, he was senior director of exploration and technical support for Walter Energy. Sunrise Coal promoted Lawrence D. Martin to presi- dent. Martin joined Sunrise in 2007 as CFO. In 2016, he was named CFO of Hallador Energy Co. Heather L. Tryon was promoted to CFO. Previously, she served as Sunrise's controller, a position she has held since joining Sunrise in August 2014. Brent Bilsland will remain Hallador Energy's president, chief executive officer, and director. Black Hills Energy named Nick Gardner to the position of vice president of the company's operations in South Dakota, northeastern Wyoming and southeastern Montana. Gardner joined Black Hills in 2000 as an engi- neering intern and progressed to positions of increasing responsibility with the company's natural gas operations in various states. NACCO Industries announced that upon its completion of the proposed spinoff of Hamilton Beach Brands Holding Co., Alfred M. Rankin Jr., will retire as president and CEO of NACCO while continuing to serve as non-ex- ecutive chairman of the board of directors of NACCO. In addition, Rankin will become executive chairman of Hamilton Beach Brands Holding Co. following the spinoff. Rankin has provided more than 45 years of service to NACCO and its subsidiary companies. Butler will become president and CEO of NACCO and will join the NACCO Board of Directors upon Rankin's retirement. Butler will also continue to serve in his capacity as the pres- ident and CEO of North American Coal. Butler has served as senior vice president – finance, treasurer and CAO of NACCO since September 2012. Wallace Taylor is now manager marketing and logistics for Bowie Re- source Partners. Myron Jones is now vice president of purchasing and maintenance at Cutlass Collieries LLC. President Donald Trump nominated Steven Gardner to be the director of the Office of Surface Mining, Reclamation and Enforcement (OSM) at the U.S. Department of the Interior. Gardner is currently serving as the president and CEO of ECSI LLC. Dan Alexander started a new position as an adjunct faculty member at West Virginia University. Bobby Lewis is now mine manager at Pine Mountain Coal. He was previously an engineer with Bledsoe Coal. Daniel Elliott, former chairman of the surface transportation board, is now a partner at Conner & Winters. Superior Industries Inc. hired Terry O'Hearn as its new conveyor components territory manager for the southcentral United States. O'Hearn will work with distributors in the region to market and sell conveyor components in Kansas, Missouri, Oklahoma, Arkansas and Tex- as. Motion Industries announced that Jim Williams, vice president of corporate purchasing and supplier rela- tions, was elected 2018 Power Transmission Distribu- tors Association president. United Central Industrial Supply hired Daron Stein- mann to the position of Western regional manager. Larry Evans m p e o p l e i n t h e n e w s Steven Gardner Dan Alexander Myron Jones Jim Williams

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