Approving AGC's Petition for Financing Up to $2 Billion
NY-ADR
10/22/14 N.Y. St. Reg. PSC-30-14-00022-A
NEW YORK STATE REGISTER
VOLUME XXXVI, ISSUE 42
October 22, 2014
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
NOTICE OF ADOPTION
I.D No. PSC-30-14-00022-A
Filing Date. Oct. 02, 2014
Effective Date. Oct. 02, 2014
Approving AGC's Petition for Financing Up to $2 Billion
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 10/2/14, the PSC adopted an order approving the petition of Astoria Generating Company, L.P. (AGC), requesting financing for a maximum of $2 billion.
Statutory authority:
Public Service Law, section 69
Subject:
Approving AGC's petition for financing up to $2 billion.
Purpose:
To approve AGC's petition for financing up to $2 billion.
Substance of final rule:
The Commission, on October 2, 2014, adopted an order approving the petition of Astoria Generating Company, L.P. to increase financing from $1.38 billion to $2 billion; and to allow the flexibility to modify in the future the identity of the financing entities, payment terms and the amount financed up to the $2 billion limit, without additional Commission approval, 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:
Deborah Swatling, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2659, 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.
(14-E-0264SA1)
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