---
schema_version: "secwatch.filing_event.v1"
accession: "0001637880-24-000030"
form_type: "8-K"
ticker: null
cik: "0001637880"
company_name: "Tri-State Generation & Transmission Association, Inc."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:42:44.992540+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tri-State finalizes United Power withdrawal with $627M exit fee; NRPPD agreement filed

## Summary
- United Power exit fee of $627,194,617.56 to be paid into escrow by April 29, 2024; withdrawal effective May 1, 2024.
- NRPPD withdrawal agreement filed with FERC; exit fee amount to be calculated per Rate Schedule No. 281.
- Both agreements include true-up provisions for patronage capital credits and regulatory liabilities.
- Tri-State's prior withdrawal agreements with United Power and NRPPD are superseded by these new agreements.

## SEC filing metadata
- accession: 0001637880-24-000030
- form_type: 8-K
- cik: 0001637880
- company_name: Tri-State Generation & Transmission Association, Inc.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000030/0001637880-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000030/tris-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637880-24-000030
- JSON: https://secwatch.observer/filing/0001637880-24-000030.json
- Plain text: https://secwatch.observer/filing/0001637880-24-000030.txt

## Key facts
- Material Agreements
  Tri-State Generation & Transmission Association, Inc. entered into Membership Withdrawal Agreement with United Power, Inc. (effective 2024-04-11).
  - Action: entry
  - Counterparty: United Power, Inc.
  - Effective: 2024-04-11
  source text: On April 11, 2024, Tri-State and United Power executed an updated Membership Withdrawal Agreement ("UP Withdrawal Agreement") that was filed with FERC on April 12, 2024 in FERC Docket No. ER24-1145-000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637880/000163788024000030/0001637880-24-000030-index.htm

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