Hallador Energy expects energy agreement to generate $422 million in revenue
HNRG•Hallador Energy expects an energy agreement to generate $422 million in revenue. Three multiyear power purchase agreements signed in 2026 added about $1.4 billion in contracted capacity revenue through mid-2040.
1. Revenue projections
Hallador Energy projects total accredited capacity and energy revenue of $73 per megawatt-hour by 2030, rising to $75 per megawatt-hour for 2031-2035.
2. Turtle Creek project
The approximately $800 million, 460-megawatt Turtle Creek natural gas project targets commercial operation in the second half of 2028. A final investment decision is targeted before year-end 2026, subject to board approval, and long-term offtake agreements are targeted for early 2027.
