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Cartis diligence evidence schedule

Merom Generating Station Data Center Conversion

PRJ-1128 · Site · Merom, Indiana, United States

Record last updated Oct 28, 2026

Scope and capacity

Hallador is evaluating new gas generation at the operating Merom power site to serve utility and data-center demand; this is not yet a completed data-center conversion. The company acquired roughly 460 MW of Siemens equipment for $350 million and expects a final investment decision only after interconnection, offtake, financing and permitting work.

Headline: Not established in published records

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Location context · Merom Generating Station Data Center Conversion | Merom | Indiana | US

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 71834 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Merom Generating Station Data Center Conversion project source

    Hallador Energy · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-4110 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/our-businesses/Hallador-Power/Merom-Generating-Station-Overview/default.aspx

Lifecycle status · Preconstruction

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 71835 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Merom Generating Station Data Center Conversion project source

    Hallador Energy · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-4110 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/our-businesses/Hallador-Power/Merom-Generating-Station-Overview/default.aspx

Reported capacity · 1,080 MW

Design · Merom Generating Station Data Center Conversion (Project)

Claim 71836 · Recorded claim type: Design · Review: Approved · Claim date: Not stated

Headline treatment: Generation capacity; not IT capacity

  1. Merom Generating Station Data Center Conversion project source

    Hallador Energy · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-4110 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/our-businesses/Hallador-Power/Merom-Generating-Station-Overview/default.aspx

Capacity basis · 1,080 MW onsite generation; not measured operating IT load. The 1,080 MW value is the generating station rating and must not be presented as data center IT capacity.

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 71837 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Merom Generating Station Data Center Conversion project source

    Hallador Energy · Document date: Aug 28, 2026 · Primary

    Source reference: SRC-4110 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/our-businesses/Hallador-Power/Merom-Generating-Station-Overview/default.aspx

Equipment purchase · $350,000,000

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 77681 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Hallador acquires turbines for Merom project

    Hallador Energy · Document date: Jun 1, 2026 · Primary

    Source reference: SRC-4404 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/news-events/news/news-details/2026/Hallador-Energy-Acquires-460-MW-of-Siemens-Turbines-for-350-Million-Accelerating-Merom-Natural-Gas-Generation-Project/default.aspx

Final investment decision · Pending interconnection, offtake, financing and permits

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 77682 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Hallador acquires turbines for Merom project

    Hallador Energy · Document date: Jun 1, 2026 · Primary

    Source reference: SRC-4404 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/news-events/news/news-details/2026/Hallador-Energy-Acquires-460-MW-of-Siemens-Turbines-for-350-Million-Accelerating-Merom-Natural-Gas-Generation-Project/default.aspx

Data center status · Potential load/customer, not a completed conversion

Actual · Merom Generating Station Data Center Conversion (Project)

Claim 77683 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Hallador acquires turbines for Merom project

    Hallador Energy · Document date: Jun 1, 2026 · Primary

    Source reference: SRC-4404 · Company announcement · Recorded authority: Party primary

    Source URL

    https://halladorenergy.com/news-events/news/news-details/2026/Hallador-Energy-Acquires-460-MW-of-Siemens-Turbines-for-350-Million-Accelerating-Merom-Natural-Gas-Generation-Project/default.aspx

Counterparties and capital

Hallador Energy · Developer · CMP-1521

Investment commitment

$350,000,000 · Jun 1, 2026

Siemens turbine and generator equipment

Hallador Energy (Borrower)

Financing record 173; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.