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Hallador Energy Strikes Six-Year PPA and $271 Million Capacity Sale With Duke Energy Indiana
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Hallador Energy announced two long-term agreements with Duke Energy Indiana tied to output and capacity from the Merom Generating Station for the period June 1, 2029 to May 31, 2035. The first is a six-year, unit-contingent PPA covering an average 200 MW, with pricing based on a Fuel Price Floor and seasonal Base Adder and provisions for certain excess fuel cost recovery. Separately, Hallador will sell an annual average of 225 Zonal Resource Credits per day, a capacity…
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