secwatch.observer — SEC 8-K summary
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Issuer:     Otter Tail Corp (OTTR)
CIK:        0001466593
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001466593-24-000121
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MPUC approves Otter Tail IRP; orders 200-300MW solar by 2027, coal phase-out by 2031
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- MPUC directed Otter Tail Power to procure 200-300MW solar by Nov 2027, 150-200MW wind by Dec 2029, and 20-75MW battery storage by Dec 2029.
- Approved on-site LNG storage at Astoria Station by 2027, subject to North Dakota approval.
- Designate Minnesota share of Coyote Station coal plant as AME resource from June 2026 to no later than Dec 2031; if not feasible, stop after 2028.
- Otter Tail must cease serving Minnesota customers with Coyote Station capacity or energy by December 31, 2031.
- Next IRP due May 2026; will include analysis of Big Stone Plant continued operation with AME.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466593/000146659324000121/0001466593-24-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466593/000146659324000121/ottr-20240530.htm
  HTML page:      https://secwatch.observer/filing/0001466593-24-000121

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