secwatch.observer — SEC 8-K summary
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Issuer:     Tri-State Generation & Transmission Association, Inc. (—)
CIK:        0001637880
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001637880-24-000030
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tri-State finalizes United Power withdrawal with $627M exit fee; NRPPD agreement filed
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- 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- Tri-State's prior withdrawal agreements with United Power and NRPPD are superseded by these new agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637880/000163788024000030/0001637880-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637880/000163788024000030/tris-20240411.htm
  HTML page:      https://secwatch.observer/filing/0001637880-24-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer