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Hallador signs $700M power and capacity deals with Duke Energy for Merom Station
HNRGHallador Energy Co
Hallador Power Company, a subsidiary of Hallador Energy, executed six-year agreements with Duke Energy Indiana covering deliveries from the Merom Generating Station from June 2029 through May 2035. The transactions include a $271 million capacity agreement and an estimated $422 million energy contract, bringing total forward sales to approximately $700 million for this deal and lifting the company's overall contracted book to $3 billion. The agreements secure investment-grade revenue streams while leaving a majority of Merom’s production through 2040 contracted.