Approval of Financing and Transfer of Ownership Interests in Two 79.9MW Generation Facilities
NY-ADR
12/2/09 N.Y. St. Reg. PSC-35-09-00012-A
NEW YORK STATE REGISTER
VOLUME XXXI, ISSUE 48
December 02, 2009
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-35-09-00012-A
Filing Date. Nov. 16, 2009
Effective Date. Nov. 16, 2009
Approval of Financing and Transfer of Ownership Interests in Two 79.9MW Generation Facilities
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 11/12/09, the PSC adopted an order approving the joint petition of PPL Generation LLC and J-POWER USA Generation, L.P. for the transfer of ownership interests in two 79.9 MW generation facilities located on Long Island, New York.
Statutory authority:
Public Service Law, sections 69 and 70
Subject:
Approval of financing and transfer of ownership interests in two 79.9MW generation facilities.
Purpose:
To approve the financing and transfer of ownership interests in two 79.9MW generation facilities.
Substance of final rule:
The Commission, on November 12, 2009, adopted an order approving the joint petition of PPL Generation LLC (PPL) and J-POWER USA Generation, L.P. (J-Power) for the transfer of ownership interests in two 79.9 MW generation facilities located on Long Island, New York from PPL to J-POWER and approving the financing supporting the purchase of the facilities, subject to the terms and conditions set forth in the order.
Final rule as compared with last published rule:
No changes.
Text of rule may be obtained from:
Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: [email protected] An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
Assessment of Public Comment
An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(09-E-0539SA1)
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