Hallador Energy publishes investor deck outlining Merom power platform expansion plans, long-term contracted sales book
HNRG•Merom platform expansion plans
Hallador Energy outlined a shift toward a multi-fuel Merom platform, pairing its 1 GW coal plant with a proposed 460 MW natural gas build.
The natural gas plan targets late 2028 commercial operation, with an estimated total project budget below USD 800 million.
Contracted sales and key metrics
Two PPAs were highlighted totaling about USD 1.1 billion of contracted capacity revenue through mid-2040, with about 14 years sold forward.
Forward contracted sales book was shown at about USD 2.4 billion, with about USD 1.3 billion through 2029.
Key metrics cited included USD 452.5 million trailing revenue, USD 35.9 million trailing adjusted EBITDA, USD 748.6 million market cap, and shares at USD 15.88.
