ML13333A597

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Suppls 870825 Request for NRC Consent to Proposed Plan of Corporate Restructuring.Twofold Purpose of Restructuring Discussed
ML13333A597
Person / Time
Site: San Onofre  
Issue date: 12/03/1987
From: Medford M
SOUTHERN CALIFORNIA EDISON CO.
To:
NRC OFFICE OF ADMINISTRATION & RESOURCES MANAGEMENT (ARM)
References
TAC-66406, TAC-66407, TAC-66408, NUDOCS 8712070223
Download: ML13333A597 (1)


Text

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