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MONTHYEARML13330B2451987-08-25025 August 1987 Advises That Util Has Begun Process of Implementing Corporate Restructuring Which Will Result in Creation of Holding Company.Description of Proposed Corporate & Responses to NRC Questions Encl Project stage: Other ML13331B0011987-11-0505 November 1987 Requests Fee for 870825 Application for Approval of Corporate Restructuring Which Will Result in Creation of Holding Company for Plant Project stage: Other IR 05000206/19870251987-11-0505 November 1987 Insp Repts 50-206/87-25,50-361/87-25 & 50-362/87-27 on 870914-18 & 1005-08.Violation Noted.Major Areas Inspected: Licensee Action on Items of Noncompliance,Unresolved & Open Items,Allegation Followup & Listed Insp Procedures Project stage: Request ML13333A5971987-12-0303 December 1987 Suppls 870825 Request for NRC Consent to Proposed Plan of Corporate Restructuring.Twofold Purpose of Restructuring Discussed Project stage: Request IR 05000361/19870291987-12-0303 December 1987 Insp Rept 50-361/87-29 on 871026-1113.No Violations Noted. Major Areas Inspected:Activities Re Containment Integrated Leak Rate Test & Followup on IE Info Notice,Including Review of Procedures & Witnessing Portions of Test Project stage: Request ML13333A6381987-12-0404 December 1987 Forwards Notice of Proposed Corporate Restructuring,Per Util 870825 & 1203 Ltrs Project stage: Other ML13333A6421987-12-0404 December 1987 Notice of Proposed Corporate Restructuring of Southern California Edison Co Project stage: Other ML13331B0061988-02-0505 February 1988 Forwards Application Fee for Approval of Util 870825 Corporate Restructuring Which Will Result in Creation of Holding Company for Plant,Per 10CFR170.12(c) & 170.21 Project stage: Other ML20196D1071988-02-0808 February 1988 Requests Fee for 870831 Application Submitting Revised Clam Control Program for Facility.Fee Should Be Provided within 15 Days of Ltr Receipt Project stage: Other ML20248F0361988-02-0808 February 1988 Requests That Application Fee for 870825 Application for Approval of Corporate Restructuring,Which Will Result in Creation of Holding Company,Be Remitted within 15 Days of Ltr Receipt Project stage: Other ML13331B0111988-02-23023 February 1988 Advises That Application Fee for Util Request to Have NRC Review Corporate Restructuring Provided to Document Control Desk by ,In Response to NRC Project stage: Other 1987-08-25
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Southern California Edison Company P. 0. BOX 800 2244 WALNUT GROVE AVENUE ROSEMEAD, CALIFORNIA 91770 M. 0.
MEDFORD TELEPHONE MANAGER OF NUCLEAR ENGINEERING (818) 302-1749 AND LICENSING December 3, 1987 U. S. Nuclear Regulatory Commission Attention:
Document Control Desk Washington, D.C. 20555 Gentlemen:
Subject:
Docket Nos. 50-206, 50-361, and 50-362 SCE Corporate Restructuring San Onofre Nuclear Generating Station Units 1, 2, and 3 The purpose of this letter is to provide supplemental information to that contained in SCE's August 25, 1987 request for NRC consent to a proposed plan of corporate restructuring. The details of the restructuring plan were described in the request for consent.
The purpose of the restructuring is twofold.
First, a holding company corporate structure will provide clear separation between the utility and non-utility lines of business currently conducted by SCE, thereby insulating utility ratepayers from any risks associated with unregulated ventures and facilitating state and federal regulatory review of utility operations. Second, the proposed reorganization will enhance the ability of management to respond to non-utility business opportunities as they arise.
This flexibility will improve the financial strength and stability of the overall corporation.
Very truly yours, M. 0. Medford Manager of Nuclear Engineering and Licensing cc:
R. F. Dudley, NRR Project Manager, San Onofre Unit 1 H. Rood, NRR Senior Project Manager, San Onofre Units 2 and 3
- 3. B. Martin, Regional Administrator, NRC Region V F. R. Huey, NRC Senior Resident Inspector, San Onofre Units 1, 2, and 8712070223 871203 PDR ADOCK 05000206 H
PDR