Endeavor, Hendricks Power announce joint venture

Thursday, July 18, 2019

Hendricks Power Cooperative recently announced the formation of a joint venture agreement with Endeavor Communications in Cloverdale, supporting the expansion of internet and other telecommunication services throughout Hendricks, Putnam and Montgomery counties.

The collaboration will enable future infrastructure development to bring fiber optic internet technology to underserved rural areas. The venture has resulted in the formation of Hendricks Power’s HP Connect, a limited liability corporation.

Expansion sites identified by Hendricks Power Cooperative and Endeavor Communications include Heritage Lake, Pittsboro, Maplewood, Hazelwood, Danville, North Salem, New Maysville, Fillmore and Tilden. More than 5,000 homes will have access to high-speed internet upon project completion over a four-year span.

Recent construction between New Winchester and Danville has resulted in more than 250 new business and home service installations, with additional connections currently under way in the Tilden and Pittsboro areas. Other locations of service will be introduced in strategic phases, with strong consideration being given to service requests within Hendricks Power’s service area.

“Our members and community leaders greatly expressed the need for access to high-speed internet,” said Greg Ternet, CEO of Hendricks Power Cooperative. “Combining the resources of these two cooperative-based businesses will allow us to bring fiber-based technological services in a quicker and more efficient fashion. Joint investments by Hendricks Power and Endeavor Communications will help our community grow in terms of quality of life and economic development.”

Ternet also noted the collaboration with Endeavor Communications and its initiatives would not impact the electric rates of member-owners.

“Endeavor Communications is proud to have the support of Hendricks Power Cooperative and their newly formed LLC,” said Darin LaCoursiere, CEO of Endeavor Communications. “We are strongly committed to helping improve the lives of our neighbors. Students, business owners and others alike will now be able to access resources to ensure success. We couldn’t be more excited about being a part of this expansion.”

Endeavor Communications was recently named Fastest Fiber Provider and Fastest Internet Provider in Indiana by BroadbandNow. Endeavor was also listed within the top 10 fastest fiber providers and top internet speeds nationwide.

For more information about availability or upcoming services, visit join.weendeavor.com.

Endeavor Communications was founded in 1950 as a telephone provider to small towns and rural areas. Today, Endeavor provides landline phone, wireless and high speed internet, television, security systems and medical alert systems, along with managed systems including business IT, VoIP, dark fiber, colocation, data storage, data transport and IT services, to approximately 9,300 telephone customers, 9,500 internet customers, 3,000 television customers and over 500 security customers located in parts of Putnam, Owen, Hendricks, Morgan, Tipton, Hamilton, Parke and Clay counties. To learn more, visit www.weendeavor.com.

Hendricks Power Cooperative provides energy and other related services to over 33,000 residential, commercial and industrial customers in west-central Indiana. Formed in 1936, the cooperative is owned and controlled by members they serve. For more information regarding Hendricks Power Cooperative, visit www.hendrickspower.com.

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