Withdrawal Agreement will establish needed procedures, create certainty for departing and remaining members, and Tri-State.

Tri-State undertook extensive modeling to identify a preferred portfolio of new generation for its cooperative members.

Tri-State’s ratings remain classified as investment grade, and Tri-State maintains its strong financial position.

Approval of settlement would clear path for flexible contract options for Tri-State's utility members.

Tri-State to work with Mountain Parks Electric through the contract termination process to support an orderly withdrawal.

Tri-State announced its REP in January 2020, identifying ambitious but actionable commitments to lead the cooperative’s clean energy transition.

Flexible partial requirements membership settlement support by majority of Tri-State members to move to FERC hearing process.

Board approves return of $10 million in patronage capital refunds for 2022 and the cooperative’s 2023 capital and operating budgets.

Judge supports rate-neutral calculation for remaining members; endorses FERC trial staff approach with significant Tri-State adjustments.