FERC Issues Order to JPM Capital Corporation on Order Authorizing Disposition of Jurisdictional Facilities
Targeted News Service |
Docket No. EC13-90-000
ORDER AUTHORIZING DISPOSITION OF JURISDICTIONAL FACILITIES
On
Specifically,
As part of the Proposed Transaction,
Although
Elk River owns and operates a 150 megawatt (MW) wind-powered generating facility in
Elk River is a direct wholly-owned subsidiary of
Flat Rock owns and operates a 231 MW wind-powered generating facility in
Shiloh I owns and operates a 168 MW wind-powered generating facility in
Trimont owns and operates a 101 MW wind-powered generating facility in
Mountain View owns and operates an approximately 67 MW wind-powered generating facility in the San Gorgonio region of
Evergreen owns and operates a 42 MW wind-powered facility located in
According to
With regard to vertical market power,
With regard to rates,
With regard to regulation,
The filings were noticed on
Any opposed or untimely filed motion to intervene is governed by the provisions of Rule 214.
Information and/or systems connected to the bulk system involved in this transaction may be subject to reliability and cybersecurity standards approved by the Commission pursuant to FPA section 215. Compliance with these standards is mandatory and enforceable regardless of the physical location of the affiliates or investors, information database, and operating systems. If affiliates, personnel or investors are not authorized for access to such information and/or systems connected to the bulk power system, a public utility is obligated to take the appropriate measures to deny access to this information and/or the equipment/software connected to the bulk power system. The mechanisms that deny access to information, procedures, software, equipment, etc., must comply with all applicable reliability and cybersecurity standards. The Commission,
Order No. 652 requires that sellers with market-based rate authority timely report to the Commission any change in status that would reflect a departure from the characteristics the Commission relied upon in granting market-based rate authority. The foregoing authorization may result in a change in status. Accordingly,
After consideration, it is concluded that the Proposed Transaction is consistent with the public interest and is authorized, subject to the following conditions:
(1) The Proposed Transaction is authorized upon the terms and conditions and for the purposes set forth in the application;
(2) The foregoing authorization is without prejudice to the authority of the Commission or any other regulatory body with respect to rates, service, accounts, valuation, estimates or determinations of costs, or any other matter whatsoever now pending or which may come before the Commission;
(3) Nothing in this order shall be construed to imply acquiescence in any estimate or determination of cost or any valuation of property claimed or asserted;
(4) The Commission retains authority under sections 203(b) and 309 of the FPA to issue supplemental orders as appropriate;
(5) If the Proposed Transaction results in changes in the status or upstream ownership of
(6)
(7)
This action is taken pursuant to the authority delegated to the Director,
Director
TNS CT21CT-130514-4344110 61ChengTacorda
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