Hallador Energy Signs Exclusive Commitment Agreement with Global Data Center Developer

TERRE HAUTE, Ind., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”), today announced that its wholly owned subsidiary, Hallador Power Company, LLC, executed a Conversion Transaction Commitment Agreement (the “Agreement”) with a leading global data center developer, effective January 2, 2025. This Agreement is in furtherance of the previously announced non-binding term sheet signed during the third quarter of 2024, reflecting an important milestone as both the Company and the developer seek to finalize a definitive transaction agreement to support the delivery of energy and capacity (through a utility partner) to a potential data center development within the State of Indiana.

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