---
schema_version: "secwatch.filing_event.v1"
accession: "0001637880-24-000021"
form_type: "8-K"
ticker: null
cik: "0001637880"
company_name: "Tri-State Generation & Transmission Association, Inc."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:41:15.766906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Tri-State enters $195.6M EPC contract for 145 MW solar project in Colorado

## Summary
- Turnkey EPC contract with JSI Construction Group for 145 MW AC solar facility in Moffat County, Colorado.
- Total contract price of $195,611,863, payable via milestone schedule; first payment due upon notice to proceed.
- Project expected to achieve commercial delivery by December 31, 2025; liquidated damages for delay.
- Notice to proceed to be issued by June 1, 2024; EPC contractor responsible for full construction except transformer.
- Tri-State separately acquiring project assets from Axial Basin Solar LLC via Asset Purchase Agreement dated same day.

## SEC filing metadata
- accession: 0001637880-24-000021
- form_type: 8-K
- cik: 0001637880
- company_name: Tri-State Generation & Transmission Association, Inc.
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000021/0001637880-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000021/tris-20240315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637880-24-000021
- JSON: https://secwatch.observer/filing/0001637880-24-000021.json
- Plain text: https://secwatch.observer/filing/0001637880-24-000021.txt

## Key facts
- Material Agreements
  Tri-State Generation & Transmission Association, Inc. entered into Turnkey Engineering, Procurement and Construction Contract (Axial Basin Solar Project) with JSI Construction Group LLC valued at $195,611,863.00 (effective 2024-03-15).
  - Action: entry
  - Agreement: supply
  - Counterparty: JSI Construction Group LLC
  - Value: $195,611,863.00
  - Effective: 2024-03-15
  source text: On March 15, 2024, Tri-State Generation and Transmission Association, Inc. (“Tri-State”) and JSI Construction Group LLC (“EPC Contractor”) entered into a Turnkey Engineering, Procurement and Construction Contract (Axial Basin Solar Project) (“Axial EPC”) for the construction of a 145 MW AC solar energy generation system to be located in Moffat County, Colorado (“Project”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000021/0001637880-24-000021-index.htm

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