Foresight Energy

Foresight Energy is a prominent player in the energy industry with a focus on coal reserves. Founded in 2004, the company boasts an impressive reserve of over 2 billion tons of coal, positioning it as one of the largest holders of coal reserves in the United States, particularly in the IL Basin. Foresight Energy's reserves can sustain over 75 years of production at its current level. The company operates three mining complexes in the Illinois Basin, utilizing highly efficient longwall mining systems. This strategic approach, combined with favorable geology, has resulted in their mines being recognized as among the safest, most productive, and lowest-cost underground coal mines in the United States. While there is no publicly available information about the last investment or investors involved, Foresight Energy's vast reserves and efficient mining methods position it as a key player in the energy sector.