Hallador energy signs exclusive commitment agreement with global data center developer

Terre haute, ind., jan. 07, 2025 (globe newswire) -- hallador energy company (nasdaq: hnrg) (“hallador” or the “company”), today announced that its wholly owned subsidiary, hallador power company, llc, executed a conversion transaction commitment agreement (the “agreement”) with a leading global data center developer, effective january 2, 2025. this agreement is in furtherance of the previously announced non-binding term sheet signed during the third quarter of 2024, reflecting an important milestone as both the company and the developer seek to finalize a definitive transaction agreement to support the delivery of energy and capacity (through a utility partner) to a potential data center development within the state of indiana.
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