Common Contracts

PURCHASE AND SALE AGREEMENT

Purchase and Sale Agreement • December 1st, 2020 • Alaska

• Contract Type
  Purchase and Sale Agreement
• Filed
  December 1st, 2020
• Jurisdiction
  Alaska

THIS PURCHASE AND SALE AGREEMENT (“Agreement”) dated effective December 17, 2020 (“Effective Date”) is made between Alaska Electric and Energy Cooperative, Inc., an Alaska electric cooperative, 3977 Lake Street, Homer, Alaska 99603 (“AEEC” or “Seller”); Homer Electric Association, Inc. an Alaska electric cooperative, 3977 Lake Street, Homer, Alaska 99603 (“HEA”); and Alaska Energy Authority, an instrumentality of the State of Alaska, 813 West Northern Lights Blvd., Anchorage, Alaska 99503 (“AEA” or “Buyer”), and is made for the purpose of purchase and sale of the below described utility assets. AEEC, HEA, and AEA may collectively be referred to as the “Parties” and individually as a “Party.”