Hallador Energy Company, Hoosier Energy finalize ownership transfer of Merom Generating Station, multiyear PPA

Oct 21, 2022

TERRE HAUTE & BLOOMINGTON, Ind., Oct. 21, 2022 (GLOBE NEWSWIRE) -- Hallador Energy Company (NASDAQ – HNRG), through its new subsidiary Hallador Power Company, LLC, has finalized its acquisition of Hoosier Energy’s 1-Gigawatt Merom Generating Station, located in Sullivan County, Indiana, in return for assuming certain decommissioning costs and environmental responsibilities. The transaction includes a 3.5-year power purchase agreement (PPA).

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