Paul Patterson: So all my questions have been answered except for — and congratulations. But just on Comanche. I saw that — can you hear me? The Comanche litigation just was wondering with the jury, ward and everything where we stand with that? Is that pretty much over? And just if you could elaborate a little bit more on that?
Brian Van Abel: Yeah. I mean it’s — we will appeal. We feel that we have a strong legal challenge against — there’s two items and the ward is related to lost power. I mean, the majority upon no liability in all the other allegations including no award for diminution of plant value. So as Paul mentioned in the opening comments, we view it as a onetime chart and we have a strong legal basis for challenging that $26 million of award.
Paul Patterson: Okay. So that was what — that charge — that jury award was what was reflected in the third quarter results. Is that right?
Bob Frenzel: That’s correct. Yeah, yeah.
Paul Patterson: Okay, okay. Thanks so much.
Operator: Thank you, Mr. Patterson. We’ll now go to Ryan Levine calling from Citi. Please go ahead.
Ryan Levine: Good morning. Thank you for taking my question. Just a quick one, what’s your current thought on PPAs buy-ins in light of some of the tax tenability dynamics and some of the developments that you’re having?
Brian Van Abel: Ryan, it’s something we have nothing in our capital plans for PPA buy-ins or PPA buyouts as we think about it. It’s something that can come through the RFP processes. As we think about it and we work closely with our developers to see if there’s an opportunity. The way I think about the opportunities may come in if you can buy out a wind farm and re-power it that’s where we’ve been successful with our PPA buyouts. But we think it has an incremental very opportunistic — call it opportunistic, hard-to-predict opportunities and that’s why we don’t put anything in our capital plans. But we do work closely with our developers to see if there’s opportunities from time to time.
Ryan Levine: Okay. And then regarding the — it looks like $100 million DOE grant or wildfire mitigation that’s been rewarded more recently. As you go into a lot of wildfire mitigation plan and look at more spending, is there opportunities to receive digital brands? Are you pursuing any federal capital to automate your plan?
Bob Frenzel: Yeah. Hey, Ryan, it’s Bob. I don’t know if there’s more dollars in the DOE bucket in the grid resiliency program. Obviously we’re going to take these dollars and continue to do additional work. Those were discrete projects that were approved with the DOE and are earmarked across our various states. Some of which is for wildfire. Some of it is in technology development. So we’re excited about partnering with the DOE. It’s about 60/40 split in terms of their funding versus our capital and our piece is embedded within our forecast. So it’s not going to be a big upside in terms of capital investment opportunities. But as we look to the long-term on wildfire mitigation plan, we’re going to work with all of our stakeholders in our various states.
But the wildfire mitigation plan in Colorado should get filed late this year or early next and look to be very proactive in how we handle system hardening, new technology to bring to bear to minimize the risk of ignition for our customers in the state, obviously, protecting their assets and their help is our priority.
Brian Van Abel: Yeah. And I was in just taking a step back. We’re proud of the four grants that we’ve received really focusing on how can we help lower the cost of our customers others for new technology around and specifically on the form long-duration battery. And not only do we get $70 million in deal refunding for that, but we also got $20 million from Breakthrough Energy Ventures. So $90 million for those two pilots. So really a great story. And looking forward to working with our commissions on all the DOE funding that we received so far, and certainly we’ll look for other opportunities out there.
Ryan Levine: Appreciate it. Thank you.
Operator: Thank you, Mr. Levine. As we have no further audio questions, I turn for closing remarks to call back over to CFO, Brian Van Abel.
Brian Van Abel: Thank you all for participating in our earnings call this morning. Please contact our investor relations team with any follow-up questions.
Operator: Thanks very much, sir. Ladies and gentlemen, that concludes today’s conference. We wish you a very good day and you may now disconnect.
