Iberdrola's Adoption of a Code of Conduct and Standards Pertaining to Affiliates and the Pr...

NY-ADR

2/11/09 N.Y. St. Reg. PSC-06-09-00006-P
NEW YORK STATE REGISTER
VOLUME XXXI, ISSUE 6
February 11, 2009
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
 
I.D No. PSC-06-09-00006-P
Iberdrola's Adoption of a Code of Conduct and Standards Pertaining to Affiliates and the Provision of Information
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Public Service Commission is considering whether to accept the Joint Proposal containing the proposed Code of Conduct for Iberdrola, S.A. that the Commission requited as part of the conditions on Iberdrola's recent acquisition of Energy East Corp.
Statutory authority:
Public Service Law, sections 2, 5, 70, 110
Subject:
Iberdrola's adoption of a Code of Conduct and Standards Pertaining to Affiliates and the Provision of Information.
Purpose:
To satisfy merger conditions placed on Iberdrola, S.A. as part of Iberdrola's recent acquisition of Energy East Corporation.
Substance of proposed rule:
The Commission is considering whether to adopt, modify, or reject, in whole or in part a code of conduct and standards Pertaining to Affiliates and the Provision of Information proposed by Iberdrola, S.A. Iberdrola proposed the Code of Conduct to satisfy a Public Service Commission order. The Commission had directed Iberdrola, and interested parties, to submit the Code of Conduct as a condition on the Commission’s approval of Iberdrola acquisition of Energy East Corporation. Iberdrola then submitted the Code of Conduct via a Joint Proposal dated December 8, 2008. The Joint Proposal addresses all issues relating to affiliate transactions raised in the merger proceeding, 07-M-0906.
Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.state.ny.us/f96dir.htm. For questions, contact:
Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: [email protected]
Data, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: [email protected]
Public comment will be received until:
45 days after publication of this notice.
Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(07-M-0906SA3)
End of Document