ML20234E539

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Forwards Pnc Financial Corp Annual Rept 1986 & Pnc Financial Corp Rept to Shareholders,Second Quarter 1987, Per Application for License Amend & Approval Re Sale & Leaseback Transactions by Utils
ML20234E539
Person / Time
Site: Beaver Valley
Issue date: 09/18/1987
From: Doris Lewis
COMMONWEALTH EDISON CO., DUQUESNE LIGHT CO., SHAW, PITTMAN, POTTS & TROWBRIDGE
To:
NRC OFFICE OF ADMINISTRATION & RESOURCES MANAGEMENT (ARM)
Shared Package
ML20234E542 List:
References
NUDOCS 8709220427
Download: ML20234E539 (2)


Text

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SHAW, PITTMAN,iPoTTs & TROWBRIDGE .

A PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS l 2300 N STREET, N. W.

TELEX /CASLE WASHINGTON, O. C. 2003 7 viRolNIA OrriCE

$9-7693 (SMAWLAW WSH) 1501 FARM CREOff DRivt mEIo~E ""'c^nt"f.',".L'"

(zoa) ee3-e474 (zoa) 22I37eo k 223 37ei September 18, 1987 zAR7 ail DAVID R LEWIS (202)775-0338 U.S. Nuclear Regulatory Commission ATTENTION: Document Control Desk 7920 Norfolk Avenue Bethesda, Maryland 20814 In the Matter of  !

Duquesne Light Company, et al. i (Beaver Valley Power Station, U2 t 2) '

Docket No. 50-412 Ref: (1) Application for License Amendment and Approval in Connection with Sale and Leaseback-Transactions by The Cleveland Electric Illuminating Company and The Toledo Edison Company (July 31, 1987)

(2) Letter from D. Lewis to U.S. NRC, Document Control Desk (September 14,-1987)

(3) Telcon between D. Lewis and J. Stolz ,

l (September 18, 1987)

Dear Sir:

On July 31, 1987, Duquesne Light Company filed, on behalf of The Cleveland Electric Illuminating Company (CEI) and The Toledo Edison Company (TED), an Application for License Amendment and Approval in Connection with Sale and Leaseback Transactions by l

CEI and TED; and by letter dated September 14, 1987, potentia]

equity investors in the CEI/TED sale and leaseback transactions  ;

were identified. One additional potential equity investor has since been identified, as was discussed in reference.(3). PNC Financial Corporation may invest up to $100 million in the CEI/TED transactions. _( PNC Corporation has been previously identified as a potential equity-investor with regard to the separate sale and leaseback transactions by Duquesne Light Company). Copies of PNC's most recent annual and quarterly financial report are. attached.

l Sincerely, J2-David R.. Lewis Counsel For-Licensee h K 2 1

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SH AW, PITTM AN, PoTTs & TROWBRIDGE l umru w. mccumo n. orcs.o~u co. corous .

U.S. Nuclear Regulatory Commission September 18, 1987 Page 2 DRLimjm cc: Regional Administrator U.S. NRC Region I i ATTN: Mr. Lowell Tripp 631 Park Avenue King of Prussia, PA '19406 Mr. Jim Beall NRC Senior Resident Inspector  !

Beaver Valley Power Station, Unit 2 l P.O. Box 181  ;

Shippingport, PA 15077  !

Mr. John Stolz Director, Project Directorate I-4 Division of Reactor Projects l U.S. Nuclear Regulatory Commission 7920 Norfolk Avenue Bethesda, Maryland 20814 l George E. Johnson, Esq. >

Office of the General Counsel U.S. Nuclear Regulatory Commission Maryland National Bank Building 7735 Old Georgetown Road Bethesda, Maryland 20814 l

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