Big Sky Industrial presents plan for first helium sales in spring 2027
BSIN•Big Sky Industrial targets first helium sales and Phase 1 revenue in spring 2027, with $15 million in capital spending remaining after $42.5 million deployed. A five-year offtake agreement sets a $285-per-Mcf base price and requires 100% take-or-pay.
1. Phase 1 targets
Big Sky Industrial targets first helium sales and Phase 1 revenue in spring 2027. It has deployed $42.5 million and estimates $15 million in remaining Phase 1 capital spending. Liquidity was $14.4 million as of September 30, 2026, and discussions on a larger senior secured credit facility are ongoing.
2. Offtake and tax credits
A five-year helium offtake agreement carries a 100% take-or-pay obligation at a base price of $285 per Mcf. Phase 1 is expected to generate approximately $130 million in federal sequestration tax credits over its first 12 operating years.
