Hallador Energy signs six-year power supply deal worth USD 700 million with MISO Zone 6 utility
Bitget2026/10/08 10:30Hallador Energy executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility for Merom deliveries from June 1, 2029. Capacity deal covers an annual average 225 MW, valued at about $271 million of capacity revenue over the term through May 31, 2035. Unit-contingent energy contract averages 200 MW; revenue estimated at about $422 million over the term based on current forward prices. Forward sales book increased to $3 billion at the segment level; about 95% of Merom accredited capacity is contracted through 2035. Hallador continues work on the 460-MW Turtle Creek natural gas project; an air permit application was submitted on Sept. 25. 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 via Business Wire (Ref. ID: 20261008816545) on October 08, 2026, and is solely responsible for the information contained therein.
- Hallador Energy executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility for Merom deliveries from June 1, 2029.
- Capacity deal covers an annual average 225 MW, valued at about $271 million of capacity revenue over the term through May 31, 2035.
- Unit-contingent energy contract averages 200 MW; revenue estimated at about $422 million over the term based on current forward prices.
- Forward sales book increased to $3 billion at the segment level; about 95% of Merom accredited capacity is contracted through 2035.
- Hallador continues work on the 460-MW Turtle Creek natural gas project; an air permit application was submitted on Sept. 25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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