ML20054C896

Submits Addl Antitrust Advice Re Transfer of Facilities Ownership Interest from New Bedford Gas & Edison Light Co to Canal Electric Co

ML20054C896
Person / Time
Site:	Seabrook
Issue date:	03/26/1982
From:	Baxter W JUSTICE, DEPT. OF
To:	Cunningham G NRC OFFICE OF THE EXECUTIVE LEGAL DIRECTOR (OELD)
Shared Package
ML20054C890	List: ML20054C896
References
ISSUANCES-A, NUDOCS 8204220075
Download: ML20054C896 (2)

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,4 d Antitrust Division Offier of the Assistant Atto,ney General lHesbeston, D.C 20H0 MAR 2 61982 Guy H. Cunningham, III, Esq.

Executive Legal Director Nuclear Regulatory Commission Washington, D.C. 20555 Re Seabrook Nuclear Power Station, Units 1 and 2 Public Service Company of New Hampshire NRC Docket'Nos. 50-443A and 50-444A

Dear Mr. Cunningham:

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

of the Atomic Energy Act, as amended, 42 U.S.C. I 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.

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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 subsidiaries 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 l 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 t

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-antitrust hearing is necessary with respect to the proposed ,

l transfer of ownership.

S cerely, I

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1111am . Baxter Assistant Attorney General Antitrust Division f

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