3/16/16 N.Y. St. Reg. PSC-42-15-00011-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 2/23/16, the PSC adopted an order approving the transfer of ownership interests in Cayuga Operating Company, LLC (Cayuga) and Somerset Operating Company, LLC (Somerset).
Statutory authority:
Public Service Law, sections 2(13), 5(1)(b) and 70
Subject:
Transfer of ownership interests in Cayuga and Somerset.
Purpose:
To approve the transfer of ownership interests in Cayuga and Somerset.
Substance of final rule:
The Commission, on February 23, 2016, adopted an order approving a joint petition by Upstate New York Power Producers, Inc. (USNYPP), Cayuga Operating Company, LLC (Cayuga), Somerset Operating Company, LLC (Somerset) and Riesling Power, LLC (Riesling) to transfer all ownership interests in Cayuga and Somerset from USNYPP to Riesling and affirmed that the lightened regulatory regime previously adopted will continue to apply, 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:
John Pitucci, Public Service Commission, Three Empire State Plaza, Albany, New York, 12223, (518) 486-2655, email:
john.pitucci@dps.ny.gov 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.