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Hallador to buy Siemens turbines from EWC for $350m
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Hallador to buy Siemens turbines from EWC for $350m

Yahoo Finance · Jun 2, 2026, 1:47 PM

Key takeaways

  • Hallador to buy Siemens turbines from EWC for $350m Hallador expects to make an FID on the Merom project in September 2026.
  • The company will spend an additional $100m on transporting, refurbishing, insuring and delivering the equipment to Siemens USA and subsequently to the Merom site.
  • The total delivered cost of $450m constitutes more than half of the projected expenses for Hallador’s proposed Merom simple cycle, natural gas-fired combustion turbine project.

Hallador to buy Siemens turbines from EWC for $350m Hallador expects to make an FID on the Merom project in September 2026. Credit: tonton/Shutterstock.com. · Power Technology · tonton/Shutterstock.com. Shree Mishra Tue, June 2, 2026 at 8:47 PM GMT+7 2 min read HNRG NG=F EWC.AX SIE.DE Hallador Energy has signed an asset purchase agreement (APA) to acquire around 460MW of Siemens gas turbines, generators, a steam turbine and ancillary equipment from Energy World Corporation (EWC) for $350m, around $760/kW.

The company will spend an additional $100m on transporting, refurbishing, insuring and delivering the equipment to Siemens USA and subsequently to the Merom site.

The total delivered cost of $450m constitutes more than half of the projected expenses for Hallador’s proposed Merom simple cycle, natural gas-fired combustion turbine project.

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