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Hallador Energy buys $350M Siemens turbines to boost Merom gas project, aiming revenue by 2028-2029.

Company Fundamentals
01 Jun 2026
Hallador Energy Company
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Bullish
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Hallador Energy has acquired 460 MW of Siemens gas turbines and related equipment for $350 million to advance its Merom natural gas generation project. This purchase secures critical equipment amid supply constraints and reduces project timing risks. The Merom project is progressing through the MISO interconnection process, with revenue generation expected between late 2028 and mid-2029. Hallador plans to finalize financing and long-term power agreements as it moves toward a final investment decision in late 2026.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Hi-View Resources launches 2026 exploration program in British Columbia's Toodoggone Mining District

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USPTO launches AI-assisted image search for trademarks with Clarivate's technology

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AIB Data Centers seen as speculative buy with $3.50 target, hinging on securing key lease to unlock value.

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Experian reports 10% Q1 revenue growth, maintains full-year outlook for 2027

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