Hallador Energy posts investor presentation on Merom power plant platform and natural gas expansion plan

Hallador Energy Co

Hallador Energy Co

HNRG

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  • Hallador outlined a shift toward a multi-fuel Merom platform, including a 460 MW natural gas expansion plan under MISO’s ERAS process.
  • Long-lead equipment secured via a USD 350 million purchase of 460 MW Siemens gas turbines, generators, a steam turbine, ancillary equipment.
  • Targeted in-service timing for the gas project set for late 2028 to mid-2029; about USD 100 million of transport, refurbishment, insurance, logistics expected.
  • New capacity PPAs highlighted, totaling about USD 1.1 billion of contracted capacity revenue through mid-2040; initial commitments begin in 2028.
  • Balance-sheet update showed no outstanding bank debt at March 31, 2026; total liquidity USD 97.5 million; USD 120 million senior secured credit facility.


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