ML20054C027

Advises That No Antitrust Hearing Is Necessary Re Proposed Transfer of Ownership from New Bedford Gas & Edison Light Co to Canal Electric Co

ML20054C027
Person / Time
Site:	Seabrook
Issue date:	03/26/1982
From:	Baxter W JUSTICE, DEPT. OF, ATTORNEY GENERAL, OFFICE OF
To:	Cunningham G NRC OFFICE OF THE EXECUTIVE LEGAL DIRECTOR (OELD)
Shared Package
ML20054C021	List: ML20054C027
References
ISSUANCES-A, NUDOCS 8204190397
Download: ML20054C027 (2)

Text

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o Mb Antitrust Division M,sMngton, AC. 20330 Offfee of the Assistent Attorney Generel MAR 2 61982 Guy H. Cunningham, III, Esq.

Executive Legal Director Nuclear Regulatory Commission Washington, D.C. 20555

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Re: Seabrook Nuclear Power Station, Units l and 2 Public Service Company of New Hampshire NRC Docket Nos. 50-443A and 50-444A

Dear Mr. Cunningham:

i You have requested our advice pursuant to Section 105(c),

of the Atomic Energy Act, as amended, 42 U.S.C. $ 2135(c),in regard to a transfer of ownership interest in the above-referenced units from the New Bedford Gas and Edison Light Company ("New Bedford") to the Canal Electric Company.

Under the proposed transfer, Canal Electric Company would receive New Bedford's 1.34927 percent interest in the Seabrook units, representing approximately 31 megawatts, as well as its executory rights to an additional 2.1739 percent interest in the Seabrook units, representing approximately 50 megawatts.

Both New Bedford and Canal Electric Company are wholly-owned subcidiaries of the New England Gas and Electric Association.

The Department advised the Nuclear Regulatory Commission on '

December 4, 1973, that New Bedford's participation in the Seabrook units, along with that of a number of other small utilities in the New England area, would not create or maintain a situation inconsistent with the antitrust laws, our review of the information submitted in connection with the current request, as well as other relevant information, has disclosed that the proposed transfer of ownership interest from New Bedford to its sister company does not appear to present any antitrust problems that would warrant a change in our prior advice. Accordingly, it is the Department's view that no 8204190377 820412 PDR ADOCK 05000443 M PDR

I antitrust hearing is necessary with respect to the proposed transfer of ownership.

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1111am P. Baxter Assistant Attorney General Antitrust Division t

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