Merom Generating Station Electric Capacity Sale
Sector: Natural Gas • Location: Terre Haute, Indiana, United States
Source: Inside INdiana Business
Hallador Energy Co. has announced an agreement to sell its remaining electric capacity from the Merom Generating Station, a two-unit coal-fired plant in Sullivan County, Indiana. The deal is expected to generate approximately $86 million in cumulative revenue over the next three years. Hallador Energy acquired the plant in 2022 and is also seeking to expand its electric generation capacity by 515
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Status
Original status | active |
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Description
Description | Hallador Energy Co. has announced an agreement to sell its remaining electric capacity from the Merom Generating Station, a two-unit coal-fired plant in Sullivan County, Indiana. The deal is expected to generate approximately $86 million in cumulative revenue over the next three years. Hallador Energy acquired the plant in 2022 and is also seeking to expand its electric generation capacity by 515 megawatts through a proposed natural gas-fired simple cycle project via the ERAS program. |
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Original Currency | USD |
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Data quality score | 100% |
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