Greenidge Generation Holdings Inc.
08/16/2024 | Press release | Distributed by Public on 08/16/2024 07:00
Material Event Form 8 K
Item 8.01 - Other Events.
On August 15, 2024, Greenidge Generation LLC, a wholly owned subsidiary of Greenidge Generation Holdings Inc. (collectively, the "Company"), filed a verified petition and complaint pursuant to Article 78 of the New York Civil Practice Law and Rules against the New York State Department of Environmental Conservation (the "Department") in New York Supreme Court, Yates County, seeking declaratory and injunctive relief relating to the Department's denial of the Company's Title V Air Permit renewal application (the "Renewal Application") for the Dresden, NY facility (the "Facility"), including, among other things, to (i) annul the Department's June 30, 2022 denial of the Renewal Application and the May 8, 2024 affirmation of such denial by the Department's Regional Director for Region 7; (ii) issue certain declaratory judgments with respect to the Department's interpretation of the New York Climate Leadership and Community Protection Act on which the denial of the Renewal Application was predicated; and (iii) enjoin the Department from taking any action to request that the Facility cease operations.
The Company intends to pursue its claims vigorously and will provide further updates on the status of this lawsuit as necessary and appropriate.