Hallador Energy publishes investor presentation on Merom plant strategy, 515 MW gas expansion plan

Hallador Energy Co

Hallador Energy Co

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  • Hallador Energy outlined a plan to expand Merom Power Plant with up to 515 MW of natural gas generation, following MISO acceptance of its ERAS application, targeting an online date in 3Q 2029.
  • Commercial strategy centers on multi-year capacity PPAs, including a 3-year agreement signed in March 2026 for about USD 86 million of cumulative contracted revenue through spring 2029.
  • A 12-year capacity PPA signed in May 2026 is expected to generate about USD 1 billion of contracted revenue from 2028 through 2040, with contracted volumes rising to about two-thirds of accredited capacity from 2029-2040.
  • Forward contracted sales book totals about USD 1.2 billion as of March 31, 2026, excluding the 12-year agreement.
  • Balance sheet highlights include USD 97.5 million of total liquidity at March 31, 2026, zero outstanding bank debt, cash of USD 43.36 million, total assets of USD 448.63 million, total liabilities of USD 243.06 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hallador Energy Company published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.