NTEC, Wyoming reach ‘sovereign immunity’ agreement

摘要

Navajo Transitional Energy Co. and the state of Wyoming have agreed to a limited waiver of sovereign immunity that ensures the state’s ability to regulate NTEC’s mining operations, the company announced Thursday. Thursday, NTEC stated that the agreement with Wyoming “was the result of a collaborative and agreed framework of negotiations that commenced after NTEC acquired the assets of Cloud Peak Energy. In a letter … Governor (Mark) Gordon directed ‘all agencies of the State of Wyoming to accept this Limited Waiver….’”.