Hallador executes $700M sale, lifts forward sales to $3 billion
Hallador Energy says its wholly owned subsidiary Hallador Power Company executed six-year capacity and energy agreements with a utility in MISO Zone 6 and disclosed $700M sale proceeds and forward sales of $3 billion.
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Hallador signed six-year capacity and energy agreements for Merom with an investment-grade MISO Zone 6 utility, adding ~$271M in capacity revenue and estimating ~$422M in energy revenue. Forward sales at the segment level rise to $3B.Material DetailsContext by AI AnalystThis extends a trend of Hall…
Hallador Energy Company (NASDAQ:HNRG) said its wholly owned subsidiary, Hallador Power Company, LLC, has executed six-year capacity and energy agreements with an investment-grade MISO Zone 6 utility, covering deliveries from the Merom Gen…