PSC-20-15-00009-A Financing, Review of Ownership Transfer and Restructuring Transactions for an Electric Transmission Facility  

  • 9/2/15 N.Y. St. Reg. PSC-20-15-00009-A
    NEW YORK STATE REGISTER
    VOLUME XXXVII, ISSUE 35
    September 02, 2015
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-20-15-00009-A
    Filing Date. Aug. 17, 2015
    Effective Date. Aug. 17, 2015
    Financing, Review of Ownership Transfer and Restructuring Transactions for an Electric Transmission Facility
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 8/13/15, the PSC adopted an order approving Cross-Sound Cable Company, LLC's (Cross-Sound) petition on electric transmission facility financings and a review of ownership transfer and restructuring transactions.
    Statutory authority:
    Public Service Law, sections 5(2), 65(1), (2), (3), 66(1), (2), (3), (5), 69 and 70
    Subject:
    Financing, review of ownership transfer and restructuring transactions for an electric transmission facility.
    Purpose:
    To approve Cross-Sound's petition on financing and a review of ownership transfer and restructuring transactions.
    Substance of final rule:
    The Commission, on August 13, 2015, adopted an order approving Cross-Sound Cable Company, LLC's (Cross-Sound) petition on electric transmission facility financings and a review of ownership transfer and restructuring transactions, 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.
    (15-E-0243SA1)

Document Information

Effective Date:
8/17/2015
Publish Date:
09/02/2015