PLA-8067, Notification of Completion of Emergence from Bankruptcy (PLA-8067)

Notification of Completion of Emergence from Bankruptcy (PLA-8067)

ML23137A314
Person / Time
Site:	Susquehanna
Issue date:	05/17/2023
From:	Berryman B Susquehanna, Talen Energy
To:	Office of Nuclear Reactor Regulation, Document Control Desk
References
PLA-8067
Download: ML23137A314 (1)

Text

Brad Berryman Susquehanna Nuclear, LLC President and 769 Salem Boulevard Chief Nuclear Officer Berwick, PA 18603 TALEN~

Tel. 570.542.2904 Fax 570.542.1504 Brad.Berryman@TalenEnergy.com ENERGY

May 17, 2023

Attn: Document Control Desk 10 CFR 50.80 U. S. Nuclear Regulatory Commission 10 CFR 50.90 Washington, DC 20555-0001 10 CFR 72.50

SUSQUEHANNA STEAM ELECTRIC STATION NOTIFICATION OF COMPLETION OF Docket No. 50-387 EMERGENCE FROM BANKRUPTCY 50-388 PLA-8067 and 72-28

References:

1) Susquehanna letter to NRC: Application for Order Approving Indirect Transfer of Control of Licenses and Approving Conforming License Amendments (PLA-8015), dated September 29, 2022 (ADAMS Accession No. ML22272A604)

2) Order, Susquehanna Nuclear, LLC (Susquehanna Steam Electric Station, Units 1 and 2 and associated independent spent fuel st orage installation), Order Approving Indirect Trans fer of Licenses and Draft Conforming License Amendments, dated March 30, 2023 (ADAMS Accession No. ML23073A071)

3) Susquehanna letter to NRC: Notification of Planned Closing Date and Information Identified in March 30, 2023 Order (PLA-806 6), dated May 8, 2023 (ADAMS Accession No. ML23128A317)

In Reference 1, Susquehanna Nuclear, LLC (Su squehanna Nuclear), acting on behalf of itself and certain Unsecured Creditors (as defined in Reference 1) of Talen Energy Supply, LLC (Talen Energy Supply) (collectively, the Applicants), submitted a request pursuant to Section 184 of the Atomic Energ y Act of 1954, as amended, 10 CFR 50.80, and 10 CFR 72.50 for U.S. Nuclear Regulatory Commission (NRC) consent to the indirect transfer of control of Susquehanna Nuclears interests in Facility Operating License Nos. NPF-14 and NPF-22 for the Susquehanna Steam Electric Station (SSES) Units 1 and 2, as well as the general license for the SSES Independent Spent Fuel Storage Installation (ISFSI) (the Application).1 In addition, Applicants requested conforming administrative license amendments to reflect a

1 As noted in the Application, Allegheny Electric Cooperative owns a 10% share of SSES. There are no proposed changes to Allegheny Electric Cooperatives ownership share of SSES in this request.

Document Control Desk PLA-8067

change in the entity responsible for providing a financial support agreement to Susquehanna Nuclear.

As detailed in the Application, commencing on May 9, 2022, Talen Energy Supply and certain of its subsidiaries each filed a voluntary case under Chapter 11 of Title 11 of United States Code in the United States Bankruptcy Court for the Southern District of Texas (Chapter 11 Cases).

The need for NRC consent was based upon the comprehensive restructuring of Talen Energy Supply under the Chapter 11 Cases. On December 15, 2022, the United States Bankruptcy Court for the Southern District of Texas confirmed a Joint Plan of Reorganization to resolve the Chapter 11 Cases.

In Reference 2, the NRC granted its consent to the requested indirect transfer of control. The NRC also approved the requested conforming administrative license amendments, to be issued and made effective when the proposed indirect transfer was completed. In Reference 3, in fulfillment of the conditions of Reference 2, Susquehanna Nuclear provided the NRC with certain required information, including specifying that the parties expected to complete the proposed transactions contemplated under the Joint Plan of Reorganization on May 17, 2023.

Susquehanna Nuclear hereby notifies the NRC that, consistent with Reference 3, the transactions contemplated under the Joint Plan of Reorganization were completed earlier today, May 17, 2023. Susquehanna Nuclear respectfully requests that the NRC issue conforming administrative license amendments.

There are no new or revised regulatory commitments contained in this submittal.

Should you have any questions regarding this submittal, please contact Ms. Melisa Krick, Manager - Nuclear Regulatory Affairs, at (570) 542-1818.

I declare under penalty of perjury that the information in this Application pertaining to Susquehanna Nuclear and Talen Energy Supply is true and correct to the best of my knowledge and belief.

Executed on May 17, 2023.

B. Berryman

Document Control Desk PLA-8067

Copy: Director, Office of Nuclear Reactor Regulation NRC Region I Mr. C. Highley, NRC Senior Resident Inspector Ms. A. Klett, NRC Project Manager Mr. M. Shields, PA DEP/BRP