Tri-State files withdrawal agreement with NRPPD; exit May 1, 2024 amid Basin litigation

Tri-State Generation & Transmission Association, Inc.

NRPPD to withdraw May 1, 2024; must pay Exit Fee by April 29, 2024 per FERC Rate Schedule No. 281.
Tri-State conveys radial transmission facilities to NRPPD for $141,067 as part of Exit Fee.
Basin Electric filed lawsuit seeking injunction to block early termination; Tri-State did not oppose limited injunction.
Withdrawal contingent on no court order enjoining exit and NRPPD payment.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Tri-State Generation & Transmission Association, Inc. entered into Membership Withdrawal Agreement with Northwest Rural Public Power District.

Action: entry
Counterparty: Northwest Rural Public Power District

Exact text from the filing

On February 27, 2 024, Tri-State filed with FERC an unexecuted version of a Membership Withdrawal Agreement (“Withdrawal Agreement”), between Tri-State and NRPPD, in FERC Docket No. ER24-1341-000.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Tri-State Generation & Transmission Association, Inc. terminated Wholesale Electric Service Contract with Northwest Rural Public Power District (effective 2024-05-01).

Action: termination
Counterparty: Northwest Rural Public Power District
Effective: 2024-05-01

Exact text from the filing

certain specified contracts between Tri‐State and NRPPD, including the Wholesale Electric Service Contract, dated July 1, 2007, (“WESC”) will terminate

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754 material agreements filed in the last 30 days. Browse all material agreements →

Source: SEC EDGAR

accession 0001637880-24-000010

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