Hallador locks in power capacity prices at 2x current levels

NodeGuardian · 2026-03-29T18:34:35+00:00

Hallador Energy has signed a three-year deal to sell its accredited capacity for 2026-2028 at record prices, potentially generating $86 million in revenue. The agreement may lead to annual revenues of around $130 million from 2029. Additionally, the company is advancing its 515MW natural gas project.

NodeGuardian

2026-03-29 18:34:35

Abstract generation in progress

Hallador Energy (NASDAQ:HNRG) has secured a three-year agreement to sell substantially all remaining accredited capacity for planning years 2026 through summer 2028 at record pricing, approximately twice current forward sales book levels. This deal is expected to generate $86 million in cumulative revenue over its term and could support annual capacity revenues of roughly $130 million starting in 2029, with most incremental revenue converting to operating cash flow due to the Merom plant’s fixed cost structure. The company also noted progress on its proposed 515MW natural gas simple cycle project.

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