ML20155B548
| ML20155B548 | |
| Person / Time | |
|---|---|
| Site: | Seabrook  |
| Issue date: | 10/27/1998 |
| From: | Thomas C NRC (Affiliation Not Assigned) |
| To: | Drawbridge B NORTH ATLANTIC ENERGY SERVICE CORP. (NAESCO) |
| References | |
| TAC-MA1588, NUDOCS 9810300179 | |
| Download: ML20155B548 (3) | |
Text
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October 27, 1998 Mr. Bruce L. Drawbridga i
Dirtetor of S;rvices North Atlantic Energy Service Corporation P.O. Box 300 Seabrook, NH 03874 l
SUBJECT:
PROPOSED CORPORATE RESTRUCTURING OF MONTAUP ELECTRIC COMPANY, SEABROOK STATION, UNIT NO.1 (TAC NO. MA1588) l
Dear Mr. Drawbridge:
In a letter of April 14,1998, you informed the NRC staff that North Atlantic Energy Service l
Corporation (North Atlantic), both for itself and as agent for the Joint Owners of Seabrook l
Station, Unit No.1 (Seabrook 1), requested NRC consent to the indirect transfer of control of the interest of one of these Joint Owners, Montaup Electric Company (Montaup), in Operating i
License No. NPF-86 as that transfer may relate to a proposed corporate restructuring involving Montaup. The proposed restructuring would rearrange ownership relationships within Eastem Utilities Associates (EUA), which currently owns Montaup as an indirect subsidiary, such that EUA would own Montaup directly through transfer of legal ownership of the capital stock of Montaup to EUA from Eastem Edison Company, a direct subsidiary of EUA and the current i
owner of Montaup. The staff reviewed your letter and its attachments.
l The staff performed a threshold review in consideration of 10 CFR 50.80 and concluded that the i
proposed restructuring of Montaup through its ownership being placed directly under EUA does not involve a transfer, direct or indirect, of Montaup's operating license for Seabrook 1, because the direct owner of Montaup is being eliminated as Montaup's owner, and the ultimate ownership and control of Montaup will still remain with EUA as before the restructuring. Therefore, no NRC consent is needed.
Furthermore, the staff concluded that the proposed restructuring: (1) will not adversely affect Montaup's ability to own Seabrook 1; (2) will not affect Montaup's qualifications as a licensee; and (3) appears to be otherwise consistent with applicable provisions of law, regulations, and orders issued by the Commission. Accordingly, the staff has no basis to object to the proposed restructuring.
j This completes our effort on your submittal.
Sincerely, Original signed by 9810300179 981027 Cecil O. Thomas, Director PDR ADOCK 05000443 Project Directorate 1-3 P
PDR Division of Reactor Projects - 1/11 Office of Nuclear Reactor Regulation hrC/
Docket No. 50-443 C
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Docket File C. Cowgill J. Harrison A. McKeigney T. Essig PUBLIC OGC T. Clark R. Wood C. Hehl, R1 Seabrook r/f ACRS J. Zwolinski R. Architzel DOCUMENT NAME: G:\\ HARRISON \\MONTAUP2.WPD
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DATE 10/15/98 9/28/98 9/25/98 10/15/98 OFFICE PDI-3/PM l
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I North Ati:ntic Enirgy Szrvice Corporation Stabrook Strtion, Unit No.1 cc:
Lillian M. Cuoco, Esq.
Mr. Dan McElhinney Senior Nuclear Counsel Federal Emergency Management Agency Northeast Utues Service Company Region 1
- P.O. Box 270 J.W. McCormack P.O. &
Hartford, CT 06141-0270 Courthouse Building, Room 401 Boston, MA 02109 Mr. Peter Brann Assistant Attomey General Mr. Peter LaPorte, Director State House, Station #6 ATTN: James Muckerheide Augusta, ME 04333 Massachusetts Emergency Management Agency Resident inspector 400 Worcester Road U.S. Nuclear Regulatory Commission P.O. Box 1496 Seabrook Nuclear Power Station Framingham, MA 01701-0317 P.O. Box 1149 Seabrook, NH 03874 Jeffrey Howard, Attomey General G. Dana Bisbee, Deputy Attomey Jane Spector General Federal Energy Regulatory Commission 33 Capitol Street 825 North Capital Street, N.E.
Concord, NH 03301 Room 8105 Washington, DC 20426 Mr. Woodbury Fogg, Director New Hampshire Office of Emergency Town of Exeter Management 10 Front Street State Office Park South Exeter, NH 03823 107 Pleasant Street Concord, NH 03301 Mr. George L. Iverson, Director New Hampshire Office of Emergency Mr. Roy E. Hickok Management Nuclear Training Manager
- State Office Park South Seabrook Station 107 Pleasant Street North Atlantic Energy Service Corp.
Concord, NH 03301 P.O. Box 300 Seabrook, NH 03874 Regional Administrator, Region I U.S. Nuclear Regulatory Commission Mr. Terry L. Harpster 475 Allendale Road Director of Licensing Services King of Prussia, PA 19406 Seabrook Station North Atlantic Energy Service Corp.
Office of the Attomey General P.O. Box 300 One Ashburton Place Seabrook, NH 03874 20th Floor Boston, MA 02108 Mr. D. M. Goebel Vice President-Nuclear Oversight Board of Selectmen Northeast Utilities Service Company Town of Amesbury P.O. Box 270 Town Hall Hartford, CT 06141-0270 Amesbury, MA 01913
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t 2-Mr. W. A. DiProfio Station Director Seabrook Station North Atlantic Energy Service Corporation P.O. Box 300 Seabrook, NH 03874 Mr. Frank W. Getman, Jr.
Great Bay Power Corporation Cocheco Falls Millworks 100 Main Street, Suite 201 Dover, NH 03820 Mr. B. D. Kenyon President - Nuclear Group Northeast Utilities Service Group P.O. Box 128 Waterford, CT 06385 Mr. Ted C. Feigenbaum Executive Vice President and Chief Nuclear Officer Seabrook Station North Atlantic Energy Service Corporation c/o Terry L. Harpster P.O. Box 300 Seabrook, NH 03874 Mr. David E. Carriere Director, Production Services
' Canal Electric Company 2421 Cranberry Highway Wareham, MA 02571 I
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