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Vedtren To Sell Coal Mines To Sunrise Coal

Sunrise Coal
Vectren
Sunrise Coal Vectren

One of Indiana's largest natural-gas utilities is selling its coal-mining subsidiary.

Evansville-based Vectren Corp. officials announced this week that they're selling Vectren Fuels to Terre Haute-based Sunrise Coal LLC for $296 million.

Vectren Fuels owns three coal mines in southwestern Indiana that employ nearly 850 coal miners.

It is not clear just how jobs at those mines will be affected.

 

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