Approval of the Transfer of Ownership and Operational Interests in the Danskammer Generation Fa...
NY-ADR
4/23/14 N.Y. St. Reg. PSC-16-14-00012-P
NEW YORK STATE REGISTER
VOLUME XXXVI, ISSUE 16
April 23, 2014
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-16-14-00012-P
Approval of the Transfer of Ownership and Operational Interests in the Danskammer Generation Facility
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering a petition from Helios Power Capital LLC (Helios) and others requesting approval of the transfer of ownership and operational interests in the Danskammer Generation Facility located in Newburgh.
Statutory authority:
Public Service Law, sections 5(1)(b) and 70
Subject:
Approval of the transfer of ownership and operational interests in the Danskammer Generation Facility.
Purpose:
Consideration of the transfer of ownership and operational interests the Danskammer Generation Facility.
Substance of proposed rule:
The Public Service Commission is considering a petition filed on April 1, 2014 by Helios Power Capital, LLC (Helios), Danskammer Energy, LLC (Danskammer Energy) and Mercuria Energy America, Inc. (Mercuria) requesting authorization and approval under Public Service Law § 70 regulation for a transaction whereby Helios, as owner of the Danskammer Generation Facility (Facility) located in the Town of Newburgh, will sell and ground lease the Facility to Danskammer Energy and Mercuria will acquire a majority of the ownership interests in Danskammer Energy, for the purpose of returning the Facility to operation in conformance with lightened ratemaking regulation. The Commission may adopt, reject or modify, in whole or in part, the relief proposed and may resolve related matters.
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.ny.gov/f96dir.htm. For questions, contact:
Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2659, email: [email protected]
Data, views or arguments may be submitted to:
Kathleen H. Burgess, 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.
(14-E-0117SP1)
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