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Hallador Energy Signs Exclusive Commitment Agreement with Global Data Center Developer
Jan 07, 2025•over 1 year ago
Contract Type
agreement
Terre Haute
Description
Hallador Energy Company has announced the execution of a Conversion Transaction Commitment Agreement with a leading global data center developer. This Agreement provides exclusivity in negotiations to the counterparty for a period of 105 Business Days and involves cumulative payments of up to $5 million to Hallador Power Company, LLC.
Company Information
Company
Hallador
Location
Terre Haute, Indiana, United States
About
Hallador Energy Company has been leading exploration in energy sourcing since 1951. The name Hallador, is Spanish for “one who leads the way”; this has been the company mantra for strategic positioning for long-term opportunities.
With its roots in oil and gas exploration, Hallador has evolved to concentrate on coal development and transportation delivery. Sunrise Coal, LLC., Halladors’ primary business unit has the capacity to produce 10 million tons of coal annually and has customers in the midwest and southeastern United States. We are listed on the NASDAQ under the ticker symbol "HNRG".
Terre Haute