5/6/15 N.Y. St. Reg. PSC-08-15-00008-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 4/16/15, the PSC adopted an order approving CCI Roseton LLC's petition to enter into a loan agreement, a review of ownership transfer and lightened regulation.
Statutory authority:
Public Service Law, sections 2(12), (13), 5(1)(b), 69 and 70
Subject:
Approval of a loan, an ownership transfer and continued lightened regulation.
Purpose:
To approve a loan, an ownership transfer and continued lightened regulation.
Substance of final rule:
The Commission, on April 16, 2015, adopted an order approving CCI Roseton LLC’s petition for authorization to enter into a loan agreement, up to a maximum of $350 million, and approved the transfer of ownership interests in CCI Roseton LLC, the owner of the Roseton Generating Station located in Newburgh, New York, from CCI U.S. Asset Holdings LLC to Roseton Holdings LLC, and confirmed that lightened regulation will continue after the transfer, 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:
Elaine Agresta, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2660, email:
elaine.agresta@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.
