Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cipher Digital Inc. amended Second Amendment to the Lease Agreement with affiliate of Luminant ET Services Company LLC valued at Extended initial term of the lease until July 2027 (effective 2023-08-23).
- Action
- amendment
- Agreement
- lease
- Counterparty
- affiliate of Luminant ET Services Company LLC
- Value
- Extended initial term of the lease until July 2027
- Effective
- 2023-08-23
Exact text from the filing
in connection with the settlement of a legal proceeding with Luminant ET Services Company LLC (“Luminant”), on August 23, 2023, Cipher Mining Inc. (the “Company”), through Cipher Mining Technologies Inc. ("CMTI"), entered into (i) a Fourth Amendment to the Power Purchase Agreement (the “Amended PPA”) with Luminant, which amended the Power Purchase Agreement, dated June 23, 2021, which was subsequently amended on July 9, 2021, February 28, 2022, and August 26, 2022 (the “Original Agreement”), for the supply of electric power to the Company’s data center in Odessa, Texas (the “Odessa Facility”) and (ii) a Second Amendment to the Lease Agreement (the "Amended Lease") with an affiliate of Luminant, which amended the Lease Agreement dated June 29, 2021, which was subsequently amended on July 9, 2021, for a lease of the plot of land for the Odessa Facility.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Cipher Digital Inc. amended Fourth Amendment to the Power Purchase Agreement with Luminant ET Services Company LLC valued at Reduces notice requirements from two hours to at most ten minutes for changes in energy consumption (effective 2023-08-23).
- Action
- amendment
- Agreement
- supply
- Counterparty
- Luminant ET Services Company LLC
- Value
- Reduces notice requirements from two hours to at most ten minutes for changes in energy consumption
- Effective
- 2023-08-23
Exact text from the filing
in connection with the settlement of a legal proceeding with Luminant ET Services Company LLC (“Luminant”), on August 23, 2023, Cipher Mining Inc. (the “Company”), through Cipher Mining Technologies Inc. ("CMTI"), entered into (i) a Fourth Amendment to the Power Purchase Agreement (the “Amended PPA”) with Luminant, which amended the Power Purchase Agreement, dated June 23, 2021, which was subsequently amended on July 9, 2021, February 28, 2022, and August 26, 2022 (the “Original Agreement”), for the supply of electric power to the Company’s data center in Odessa, Texas (the “Odessa Facility”) and (ii) a Second Amendment to the Lease Agreement (the "Amended Lease") with an affiliate of Luminant, which amended the Lease Agreement dated June 29, 2021, which was subsequently amended on July 9, 2021, for a lease of the plot of land for the Odessa Facility.
View on SEC.gov