The coal industry likes to say that it “keeps the lights on” — and Peabody Energy will be doing so at its world headquarters in downtown St. Louis at least through 2023, after announcing an extension on its lease Wednesday.

The announcement extends the current lease on the company’s 701 Market Street offices by two years.

The internal conversation about Peabody’s lease renewal has coincided with broader questions about the company’s future, as it prepares to file a plan of reorganization charting its course out of Chapter 11 bankruptcy.

“We took quite a bit of time thinking about our future in a number of ways,” said Vic Svec, a spokesperson for the company. “One is where we want to call home and we’re pleased to call downtown the home of our global headquarters.”

Svec said the extension not only demonstrates the company’s commitment to downtown St. Louis but also billed it as “a testament to the sustainability of Peabody,” as it emerges from bankruptcy.