|Over a month ago|
Eighteen new option listings on May 11th » 08:3005/1105/11/22
HNRG, BFRI, ENFN, HRT, BORR, PEAR, ARHS, MIRO, WULF, KLXE, TIME, INBK, USER, IWIN
New option listings for…
New option listings for May 11th include Hallador Energy (HNRG), BFIX ETF (BFIX), Biofrontera Inc (BFRI), Enfusion Inc (ENFN), HireRight Holdings Corp (HRT), Borr Drilling Limited (BORR), Pear Therapeutics Inc (PEAR), LETB ETF (LETB), Arhaus Inc (ARHS), MiroMatrix Medical Inc (MIRO), IKONICS Corporation (WULF), KLX Energy Services (KLXE), TIME ETF (TIME), FLTN ETF (FLTN), TRDF ETF (TRDF), First Internet Bancorp (INBK), User Testing Inc (USER), and IWIN ETF (IWIN).
|Over a quarter ago|
Hallador Energy, Hoosier Energy enter agreement to transfer ownership of Merom » 09:3402/1502/15/22
Hallador Energy Companym…
Hallador Energy Companym 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, is scheduled to close in mid-July 2022 upon obtaining required governmental and financial approvals. Per the agreement, Hoosier will purchase 100% of the plant's energy and capacity through May 2023, reducing purchases to 22% of energy output and 32% of its capacity beginning in June 2023 and through 2025. The companies' existing renewable PPA - signed in May 2021 and representing 150 MW of solar generation and 50 MW of battery storage - will be retained, with its start date delayed until Merom's eventual retirement. In January 2020, Hoosier Energy announced a new Long Range Resource Plan, which included the expected retirement of Merom in May 2023. Hoosier said at the time it would sell the plant if the right deal came to fruition. After entertaining interest from a number of different parties, the company found a unique partner in Hallador, which is able to operate the plant at a much lower cost given ownership and control of fuel supply. Hoosier will retain approximately 5,760 acres of land, which has potential for diverse economic redevelopment. Other benefits include elimination of millions of dollars in costs for plant decommissioning and long-term grounds maintenance. The new PPA provides additional capacity to Hoosier as well, another important element of the deal.