ML20199K383

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Informs of Merger & Formation of Firstenergy Corp Per Order Approving Application Re Merger Agreement Between Centerior Energy Corp & Ohio Edison Co, . Firstenergy Corp Formed as New Holding Company on 971108
ML20199K383
Person / Time
Site: Davis Besse Cleveland Electric icon.png
Issue date: 11/21/1997
From: Jeffery Wood
TOLEDO EDISON CO.
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
2501, NUDOCS 9712010099
Download: ML20199K383 (2)


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TOL EDO -

d %ms EDISON-A Centertor En*'Or Company Duv+Besse Nuclear Power fastum.

ssoi unin st i.nouie e Ook Harter. OH 43449-9760 -

Docket Nuinber 50-346 License N"mber NPF-3 Serial Number 2501

, November 21, 1997 United States Nuclear Regulatory Commission Document Control Desk Washington, D. C. 20555-0001

Subject:

Completion of the FirstEnergy Corporation Merger Ladies and Gentlemen:

Pursuant to NRC's " Order Approving Application Regarding Merger Agreement Between Centerior Energy Corporation and Ohio Edison Company"(" Order") dated June 19,1997, please be advised that the merger of Centerior Energy Corporation and Ohio Edison Company (OE),

resulting in the formation of a new holding company, FirstEnergy Corporation, after a closing on November 7,1997, became effective on November 8,1997. As reflected in the above Order, Toledo Edison Company (TE), The Cleveland Electric Illuminating Company (CEI), and Centerior Service Company (CSC) are the licensees of the Davis-Besse Nuclear Power Station, Unit 1, while TE and CSC (wholly owned subsidiaries of Centerior Energy Corporation) "are l

authorized to act as agents for CEI, and have exclusive responsibility and control over the

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physical construction, operation, and maintenance of the facility." Order at 1. This remains unchanged as a result of the merger. The Order further provides that, as a result of the merger, FirstEnergy Corporation would replace Centerior Energy Corporation, and "TE, CEI, CSC and OE will become wholly owned subsidiaries of FirstEnergy Corporation," Order at 2. As noted in bg the Order, "[t]he current licensees will continue to hold the license." Order at 2.

'In summary, the nierger and formation of FirstEnergy Corporation contemplated by the above

. Order has now been consummated and became effective in accordance with the terms of the NRC's Order.

f: : i.S l d 9712010099 971121 F

PDR ADOCK 05000346

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c-1 Docket Number 50-346

. License Number NPF-3 '.

Serial Number 2501

" Page 2_

- Should you have any questions or require additional information, please contact Mr. James L Freels, Manager - Regulatory Affairs, at (419) 321-8466, Very truly yours, bT-J. K. Wood

- Vice President - Nuclear MKIllaj cc:

A. B. Beach, Regional Administrator, NRC Region III S. J. Campbell, DB-1 NRC Senior Resident ins}<ctor A. O. Hansen, DB 1 NRC/NRR Project Manager Utility Radiological Safety Board i

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