East River Electric Cooperative Wins Summary Judgment on Wholesale Power Contract Buy-Out Dispute
Posted on Apr 14, 2022 in Litigation | Comments Off on East River Electric Cooperative Wins Summary Judgment on Wholesale Power Contract Buy-Out Dispute
U.S. District Judge Larry Piersol granted East River Electric Cooperative’s (East River) motion for summary judgment in a suit initiated by Dakota Energy Cooperative (Dakota Energy). Dakota Energy requested that it be able to terminate its wholesale power contract with East River and pay a buy-out fee. Judge Piersol ruled that the contract did not provide for early termination and that Dakota Energy must continue to meet its obligation to purchase all of its power from East River for the duration of the contract.
