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HomeMy WebLinkAbout20220810Amendment 1 to Second Amended PPA.pdf^/itttsra Avista Corp. l4l t East Mission, P.O. Box 3727 Spokane, Washington 99220-0500 Telephone 509-489-0500 Toll Free 800-727-9170 August I0,2022 (:) Jan Noriyuki, Secretary Idatro Public Utilities Commission 11331 W. ChindenBlvd Building 8, Suite 201-A Boise, D 83714 RE: AVU-E-22-07 - Amendment I to the Second Amended and Restated PPA between Ford Hydro and Avista Dear Ms. Noriyuki: Enclosed for filing with the Commission in Case No. AW-E-22-07 is an electonic copy of Amendment I to the Second Amended and Restated Power Purchase Agreement between Ford Hydro Limited Parfrrership and Avista Corporation. Please direct any questions regarding this report to Michael Andrea at (509) 495-2564 or myself at509-495-4584. Sincerely, /siPaul Kimball Paul Kimball Manager of Compliance & Discovery Avista Utilities 5094954584 paul.kimball @ avistacorp. com Enclosure AMENDMENT NO. 1 This AMENDMENT NO. 1 ("Amendment") to the Second Amended and Restated Power Purchase Agreement ("Agreement") between Avista Corporation ("Avista") and the Ford Hydro Limited Partnership ("Ford Hydro"), is entered into by the Parties and this Amendment shall be effective on August 10,2022, or such other date as set by the Commission. RECITALS WHEREAS, the Parties entered into the Agreement, under which Ford Hydro is to deliver and sell, and Avista will purchase, electric energy generated from Ford Hydro's Facility; WHEREAS, on August 8,2022, the ldaho Public Utilities Commission issued Order No. 34589, approving the agreement subject to the Parties amending Section 9.7 of the Agreement to reflect the significance of Commission approval; and WHEREAS, the Parties desire to amend the Agreement consistent with Order No. 34589. NOW THEREFORE, it is agreed as follows: AGREEMENT TO AMEND 1. The first sentence of Section 9.7 of the Agreement is deleted and replaced in its entirety with the following sentence: Any modifications to the Facility from the as-built description of the Facility in Exhibit D shall not be valid unless set forth in a written amendment to this Agreement signed by both Parties and subsequently approved by the Commission. 2. Except as expressly amended by the provisions set forth in this Amendment, all of the terms and conditions of the Agreement shall remain in full force and effect following execution of this Amendment and each Party confirms, ratifies and approves the Agreement as amended by this Amendment. All capitalized terms used herein and not otherwise defined shall have the respective meanings given to such terms in the Agreement. For the avoidance of doubt, this Amendment is hereby incorporated in the Agreement and, as of the effective date of this Amendment, all references to the Agreement shall be deemed to be references to the Agreement as amended by thisAmendment. 3. This Amendment may be executed in two (2) or more counterparts, each ofwhich shall be deemed as an original and together shall constitute one and the same document. Page - 1 AMENDMENT NO. I TO POWER PURCHASE AGREEMENT BETWEEN AVISTA CORPORATION AND FORD HYDRO LIMITED PARTNERSHIP IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their duly authorized representatives as ofthe dafe first set foth above. FORD IIYDRO LIMITED PARTNERSHP AVISTA CORPORATION By: - /'/Art/1.,.f,11,a,*,'--l/a? Christopher Drake Digitelly signod by Chri8topher Draks Dato:2022.08.10 08:29:42{700'By Printcd Name: Brenda Ford printed Name: Christopher Drake Title: President Ford Hydro, lnc.16". Wholesale Marketing Mgr Page - 2 AMENDMENT NO. I TO POWER PURCHASE AGREEMENT BETWEEN AVISTA CORPORATION AND FORD HYDRO LIMITED PARTNERSHIP