secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0001437749-22-024532
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hallador completes acquisition of 1-GW Merom Generating Station from Hoosier Energy
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- Assumed decommissioning & environmental liabilities with estimated cost of $20M.
- Will purchase ~$17M in coal inventory; initial payment of $5.4M plus periodic payments.
- 3.5-year PPA: Hoosier buys 100% of output through May 2023, then 22% energy/32% capacity through 2025.
- Existing renewable PPA (150 MW solar, 50 MW battery) retained, start delayed until Merom retirement.
- Acquisition preserves 100+ jobs; CEO calls it a diversified earnings platform.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000143774922024532/0001437749-22-024532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000143774922024532/hnrg20221017_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024532

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