---
schema_version: "secwatch.filing_event.v1"
accession: "0000720515-26-000022"
form_type: "8-K"
ticker: null
cik: "0000720515"
company_name: "BASIN ELECTRIC POWER COOPERATIVE"
filed_at: "2026-09-18T15:51:19+00:00"
generated_at: "2026-09-18T15:52:39.258355+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Basin Electric to record $400-600M impairment on Dakota Gas assets

## Summary
- Board approved 10-yr forecast on Sept 15, 2026; projects Dakota Gas may not operate to 2047.
- Pre-tax non-cash impairment charge estimated at $400-600M for Q3 ending Sept 30, 2026.
- Seeking Rural Utilities Service approval for regulatory recovery over up to 20 years.
- Company expects no material effect on operations, cash flows, liquidity, or debt covenants.

## SEC filing metadata
- accession: 0000720515-26-000022
- form_type: 8-K
- cik: 0000720515
- company_name: BASIN ELECTRIC POWER COOPERATIVE
- filed_at: 2026-09-18T15:51:19+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720515/000072051526000022/0000720515-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720515/000072051526000022/basin-20260915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720515-26-000022
- JSON: https://secwatch.observer/filing/0000720515-26-000022.json
- Plain text: https://secwatch.observer/filing/0000720515-26-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.