ML20203C060

Notice Considering Issuance of Order Approving,Under 10CFR50-80,application Re Proposed Corporate Restructuring of Boston Edison Co,Licensee for Pilgrim Nuclear Power Station

ML20203C060
Person / Time
Site:	Pilgrim
Issue date:	12/08/1997
From:	Wang A NRC (Affiliation Not Assigned)
To:
Shared Package
ML20203C045	List: ML20203C038 ML20203C060
References
NUDOCS 9712150215
Download: ML20203C060 (4)

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7590-01-P UNITED STATES NUCLEAR REGULATORY COMMISSION BOSTON EDIS0N COMPA!1Y DOCKET NO. 50-293 PILGRIM NUCLEAR POWER STATION Notice is hereby given that the U.S. Nuclear Regulatory Comission (the Commission) is considering tt* issuance of an Order approving, under 10 CFR 50.80, an application regarding the proposed corporate restructurir.g of Boston Edison Company, the licensee for the Pilgrim Nuclear Power Station (PNPS).

By application dated June 9, 1997, Boston Edison comoany informed the Comission that it is proposing to become a wholly owned subsidiary of a newly created holding company, BEC Energy. Boston Edison Company will remain the holder of its license to own and operate the PNPS. No direct transfer of the license will occur. Under the restructuring, the holders of Boston Edison Company comon stock will become the holders of comon stock of the holding company. After the restructuring, Boston Edison Company will continue to be a public utility providing the same utility services as it did imediately prior to the restructuring, and will continue to be an " electric utility" under Commiss 1.1 regulations. According to the application, there will be no effect on the management, or sources of funds for operation, maintenance, or decomissioning, of the PNPS as a result of the corporate restructuring.

Pursuant to 10 CFR 50.80, the Comission may approve the transfer of control of a license after notice to interested persons. Such approval is contingent upon the Comission's determination that the holder of the license following the transfer is qualified to hold the license and that the transfer 9712t50215 971200 3 PDR ADOCK 0500 P

is otherwise consistent with applicable provisions of law, regulations, and orders of the Comission.

For further details with respect to this proposed action, see the licensee's application dated June 9,1997. This document is available for public inspection at the Comission's Public Document Room, the Gelman Building, 2120 L Street, N.W., Washington, DC, and at the local public document room located at the Plymouth Public Libre.ry,11 Nortn Street, Plymouth, Massachusetts.

Dated at Rockville, Maryland this 8th day of December 1997.

FOR THE NUCLEAR REGULATORY COMMISSION h, NOMA /

AlanB. Wang,hojectManager Project Directorate I-3 Division of Reactor Projects - I/II Office of Nuclear Reactor Regulation g I

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Mr. Leon J. Olivier Boston Edison Company Pilgrim Nuclear Power Station CC:

Mr. Ron Ledgett Executive Vice President Mr. Jeffery Keene 800 Boyleston Street Licensing Division Manager Boston, MA 02199 Boston Edison Compny 600 Rocky Hill Road Resident inspector Plymouth, MA 02360-5599 U. S. Nuclear Regulatory Commission Pilgrim Nuclear Power Station Ms. Nancy Des a nd Post Office Box 867 Manager Reg. Affairs Dept.

Plymouth, MA 02360 rim Nuclear Power Station Pilg#1 RFD Rocky Hill Road Chairman. Board of Selectmen Plymouth, MA 02360 11 Lincoln Street Plymouth, MA 02360 Mr. David F. Tarantino luclear Information Manager Chairman. Duxbury Board of Selectmen rim Nuclear Power Station Town Hall Pilg#1, Rocky Hill Road RFD 878 Tremont Street Plymouth. MA 02360 Duxbury. MA 02332 Ms. Kathleen M. O'Toole Office of the Commissioner Secretary of Public Safety Massachusetts De)artment of Executive Office of Public Safety Environmental protection One Ashburton Place One Winter Street Boston. MA 02108 Boston, MA 02108 Mr. Peter LaPorte. Director Office of the Attorney General Attn; James Muckerheide

. One Ashburton Place Massachusetts Emergency Management 20th Floor Agency Boston, MA 02108 400 Worcester Road P.O. Box 1496 Mr. Robert M. Hallisey. Director Framingham, MA 01701-0317 Radiation Control Program Massachusetts Department of Chairman Citizens Urging Public Health Res)onsible Energy 305 South Street P.O. Box 2621 Boston, MA 02130 Duxbury. MA 02331 Regional Administrator. Region I Citizens at Risk U. S. Nuclear Regulatory Commission P.O. Box 3803 475 Allendale Road Plymouth, MA 02361 King of Prussia. PA 19406 W.S. Stowe. Esquire Ms. Jane Fleming Boston Edison Company 8 Oceanwood Drive 800 Boyleston St., 36th Floor Duxbury, MA 0233 Boston, MA 02199

cc: (cont.)

Chairman Nuclear Matters Committee Town Hall 11 Lincoln Street Plymouth. HA 02360 Mr. William D. Meinert Nuclear Engineer Massachusetts Municipal Wholesale Electric Company P.O. Box 426 Ludlow, MA 01056 042C l

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