04:51 PM EDT, 03/25/2026 (MT Newswires) -- Hallador Energy ( HNRG ) said late Wednesday it has signed a three-year agreement to sell substantially all of its remaining capacity to a utility customer for 2026 through the summer of 2028 at a "record" pricing for the company.

The capacity is priced at about 2x the capacity pricing levels embedded in its forward sales book and is expected to generate about $86 million of cumulative revenue over the term, it said.

"This transaction establishes a step change for higher capacity pricing at our Merom facility and reflects the strength of demand we are seeing in the market," said CEO Brent Bilsland.