Item 8.01 Other Events
Vidler Water Resources, Inc. ("Vidler") announced today an alternative energy company has exercised its option to purchase 53,750 Long Term Storage Credits ("LTSC") at the Company's recharge facility in theHarquahala Valley, Arizona for$400 per LTSC. The Company expects the sale to close in 2021 and to generate revenue of approximately$21.5 million . See Press Release ofVidler Water Resources, Inc. datedDecember 15, 2021 (Announcing Exercise of option by Alternative Energy Developer) attached as Exhibit Number 99.1 Exhibit Number Description 99.1 Press Release ofVidler Water Resources, Inc. datedDecember 15, 2021 (Announcing Exercise of option by Alternative Energy Developer).
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