other_material
confidence high
sentiment neutral
materiality 0.65
Tri-State enters withdrawal agreement with LPEA; estimated payment $160.3M
Tri-State Generation & Transmission Association, Inc.
- LPEA to withdraw from Tri-State membership effective April 1, 2026 upon payment of termination amount.
- Estimated final payment of $160,303,099.79 under FERC-accepted Rate Schedule 281 (August 2025 version).
- LPEA provided non-conditional two-year notice on March 25, 2024; withdrawal subject to FERC order.
- Wholesale Electric Service Contract and related agreements to terminate; patronage capital relinquished.
- Ancillary agreements for telecom, operations, and facility use to be negotiated and filed at FERC.
item 1.01item 1.02item 9.01