ML20244D792
| ML20244D792 | |
| Person / Time | |
|---|---|
| Site: | Waterford  |
| Issue date: | 05/26/1989 |
| From: | Thomas C Office of Nuclear Reactor Regulation |
| To: | |
| Shared Package | |
| ML20244D782 | List: |
| References | |
| NUDOCS 8906190261 | |
| Download: ML20244D792 (2) | |
Text
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a 7590-01 i
.j LOUISIANA POWER & LIGHT COMPANY DOCKET NO. 50-382A ]q
.WATERFORD STEAM ELECTRIC STATION', UNIT 3. .i REQUEST FOR AMENDMENT TO AUTHORIZE SALE AND LEASEBACK' TIME FOR FILINGi COMMENTS ON ANTITRUST MATTERS ;
On May 1, 1989, the Louisiana Power and Light Company (LP&L)-' submitted an j application to amend its operating license for the Waterford Steam Electric l' .
1
-Station, Unit 3 (Waterford 3) located in St. Charles Parish, . Louisiana. LP&L I
is presently the sole owner of this facility. The amendment request seeks .1 1
approval of one or more sale and leaseback transactions by LP&L with respect to any portion of its 100% ownership interest in Waterford 3 to one or more equity investors (to be named later) and at the same time to lease back from I i
said equity investors such interests sold in Waterford 3'and receive from said equity investors the right to use and enjoy the benefits of the undivided owner-I ship interests sold in Waterford 3. ihe proposed terms of the leases will be j for 27 years subject to rights of renewal. Following the proposed sale,and l
1easeback, LP&L will continue in its present capacity with authority for manage- ,
J l ment' operations,2 service, maintenance, decommissioning, fuel procurement and
, l disposal, repair and modification of Waterford 3. 2 l
Any anticipated sale and leaseback will be subject to the condition that-the equity investors and anyone else who may acquire an interest by way of the I
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i 2There is an application pending before the NRC that would transfer the 1 operation of Waterford 3 from LP&L to its sister company, System Energy l Resources, Inc. (SERI) -- both LP&L and SERI are subsidiaries of. Middle l South Utilities, Inc.
"E906190261 PDR 890526 M ADOCK 05000382 i PDC
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i propose'd sale and leaseback are prohibited.from exercising directly or indirectly ;
l any control over, 1) Waterford.3. 2) power.or energy produced by Waterford 3 -!
l or 3) the licensee of.Waterford 3. Moreover, LP&L will be required to notify 'j i
the NRC of. any action by a. lessor or other successor in interest. to LP&L.that may have an effect on the operation of the' facility. !
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Any person who wishes to express: views pursuant to the antitrust issuesL raised in this amendment request should submit said views within_30 days of the initial publication of this notice in'the Federal Register to the U.S. Nuclear Regulatory Commission, Washington, D.C. 20555, Attention: Chief, Policy.
Development and Technical Support Branch, Office of Nuclear Reactor Regulation.
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Dated at Rockville, Maryland this 26thday of May 1989.
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-l FOR THE NUCLEAR REGULATORY COMMISSION j
- Picinal named gi i Cecil 0. Thomas, Chief Policy ~ Development and-Technical {
Support Branch Program Management, Policy Development !
and Analysis Staff i Office of Nuclear Reactor Regulation j Distribution ,
Docket File (50-382A) NRC/ Local PDRs PTSB Rdg
[WATERFORD STEAM ELEC STATION] !
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