Morgan Lewis Advises Hallador Energy Company on $120M Senior Secured Credit Facility
March 16, 2026LOS ANGELES and PHILADELPHIA, March 16, 2026: Morgan Lewis advised Hallador Energy Company (Nasdaq: HNRG) on the closing of a $120 million senior secured credit facility agented by Texas Capital Bank, consisting of a $75 million revolving credit facility and a $45 million delayed draw term loan facility.
Hallador is a vertically integrated Independent Power Producer with two core businesses: Hallador Power Company, LLC, which produces energy and provides accredited capacity at its 1 gigawatt Merom Generating Station, and Sunrise Coal, LLC, which produces and supplies fuel to the Merom Generating Station and other companies.
Morgan Lewis partner David Chang and associates Benjamin Stango, Jessica Smith, Caroline Hackley, and Tara McBride represented Hallador.