PSC-51-07-00006-A Approval of Credit Facilities and Light Regulations by Empire Generating Co, LLC  

  • 3/5/08 N.Y. St. Reg. PSC-51-07-00006-A
    NEW YORK STATE REGISTER
    VOLUME XXX, ISSUE 10
    March 05, 2008
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-51-07-00006-A
    Filing Date. Feb. 19, 2008
    Effective Date. Feb. 19, 2008
    Approval of Credit Facilities and Light Regulations by Empire Generating Co, LLC
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    The commission, on Feb. 13, 2008, adopted an order approving Empire Generating Co, LLC's (Empire) request for lightened regulation and approving financing for construction of a natural gas fired electric generation facility located in Rensselaer, New York.
    Statutory authority:
    Public Service Law, sections 2(13), 5(1)(b), 64, 65, 66, 67, 68, 69, 69-a, 70, 71, 72, 72-a, 75, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 114-a, 115, 117, 118, 119-b and 119-c
    Subject:
    Empire's request for financing and lightened regulation of an approximately 505 MW natural gas fired electric generation facility.
    Purpose:
    To approve Empire's request for financing and lightened regulation.
    Substance of final rule:
    The Public Service Commission adopted an order approving Empire Generating Co, LLC's request for lightened regulation and financing arrangements up to a maximum of $735 million for the construction of an approximately 505 MW natural gas fired electric generation facility to be located in Rensselaer, New York, subject to the terms and conditions set forth in the order.
    Final rule compared with proposed rule:
    No changes.
    Text of rule may be obtained from:
    Central Operations, Public Service Commission, Bldg. 3, 14th Fl., Empire State Plaza, Albany, NY 12223-1350, by fax to (518) 474-9842, by calling (518) 474-2500. 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.
    (07-E-1390SA1)

Document Information

Effective Date:
2/19/2008
Publish Date:
03/05/2008