HNRG news

Hallador Energy executed a $700M sale of Merom capacity, boosting its book to $3B, and posted record pricing as data center demand aids pricing power.

Hallador Energy secured a $600 million senior secured term loan facility to fund the majority of the $800 million Turtle Creek Gas project, transforming the company into a multi-fuel independent power producer and de-risking a major capital construction initiative.

Hallador Energy entered into a second amendment to its credit agreement to modify total leverage requirements to a range of 2.50-to-1.0 to 4.25-to-1.0. These changes to debt covenants indicate an improvement in the company's financial flexibility and credit profile.

Hallador Energy entered into a severance agreement with Matthew B. White providing 12 months of total compensation if terminated without cause or for good reason after one year of employment. The agreement is part of a 2026 executive officer retention plan designed to provide enhanced financial secu…

Hallador Energy's subsidiary was selected by the U.S. Department of Energy to begin negotiations for up to $27.2 million in federal funding to modernize the Merom Generating Station's water management systems, with total project cost estimated at $56.9 million. The company notes the funding is not e…