Hallador Energy Acquires Siemens Turbines from EWC for $350 Million
Hallador Energy has signed an agreement to acquire approximately 460MW of Siemens gas turbines and related equipment from Energy World Corporation (EWC) for $350 million. An additional $100 million will be spent on transportation, refurbishment, insurance, and delivery, bringing the total cost to $450 million—more than half of Hallador's projected expenses for its Merom natural gas-fired combustion turbine project.
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