Hallador energy company, hoosier energy finalize ownership transfer of merom generating station, multiyear ppa

Terre haute & bloomington, ind., oct. 21, 2022 (globe newswire) -- hallador energy company (nasdaq – hnrg), through its new subsidiary hallador power company, llc, has finalized its acquisition of hoosier energy's 1-gigawatt merom generating station, located in sullivan county, indiana, in return for assuming certain decommissioning costs and environmental responsibilities. the transaction includes a 3.5-year power purchase agreement (ppa).
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