Hoosier Energy, Hallador Energy Company finalize ownership transfer of Merom Generating Station, multiyear PPA

TERRE HAUTE & BLOOMINGTON, Ind. – 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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Hoosier Energy hires Manager of Project Management Office

Hoosier Energy has named Chad Cornelius Manager of the Project Management Office. Cornelius and his team are responsible for ensuring standards, practices and procedures are consistently applied across the company’s project work plan. His primary focus is to build, standardize and continuously improve departmental and interdepartmental project management processes.

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Hoosier Energy names Manager of Power Supply Portfolio

Hoosier Energy has named Cory Samm as Manager of Power Supply Portfolio. In this role, Samm will create and settle contracts with counterparties for portfolio purchasing, assist in decision-making and justification for new generation construction, conversion, sales, or partnerships, and assist in contract management of existing executed resources.

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Hoosier Energy names Manager of Portfolio Optimization

Hoosier Energy has named Josh Cisney as Manager of Portfolio Optimization. In the new role, Cisney will support and help manage the company’s active supply portfolio, including negotiation, procurement, and oversight of resources through various term-energy and capacity-product contracts. He will also identify and assess alternative commercial strategies and non-traditional power supply resources, analyzing portfolio impacts to optimize member value and manage risk.  

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Hallador Energy Company, Hoosier Energy announce agreement to transfer ownership of Merom Generating Station, multiyear PPA

Hallador Energy Company (NASDAQ – HNRG), through its new subsidiary Hallador Power Company, LLC, will acquire 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, which includes a 3.5-year power purchase agreement (PPA), is scheduled to close in mid-July 2022 upon obtaining required governmental and financial approvals. 

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