PLA-7617, Notification of Restructuring: Difference between revisions
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{{#Wiki_filter:Brad Berryman | {{#Wiki_filter:dlfl 0 5 2017 Brad Berryman Site Vice President U.S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC* 20555-0001 Susquehanna Nuclear, LLC 769 Salem Boulevard Berwick, PA 18603 Tel. 570.542.2904 Fax 570.542.1504 Brad.Berryman@TalenEnergy.com SUSQUEHANNA STEAM ELECTRIC STATION NOTIFICATION OF RESTRUCTURING PLA-7617 TALEN~ | ||
Brad.Berryman@TalenEnergy.com | ENERGY 10 CFR 50.80 Docket Nos. 50-387 50-388 and 72-28 The purpose of this letter is to notify the U.S. Nuclear Regulatory Commission ("NRC") | ||
of the planned elimination of one of the intermediate parent companies from the chain of ownership of Susquehanna Nuclear, LLC, which is the licensed operator and an owner of the Susquehanna Steam Electric Station ("SSES"). Currently, Susquehanna Nuclear is a direct, wholly-owned subsidiary of Tal en Generation, LLC, which in turn is a direct, wholly-owned subsidiary ofTalen Energy Supply, LLC. Talen Energy Supply, LLC is a direct, wholly-owned subsidiary of Tal en Energy Holdings, Inc., which is a direct, wholly-owned subsidiary ofTalen Energy Corporation, the stock of which is held by portfolio companies ofRiverstone Holdings, LLC. On or about June 30, 2017, Talen Generation will distribute its membership interests in Susquehanna Nuclear to Talen Energy Supply, making Susquehanna Nuclear a direct, wholly-owned subsidiary ofTalen Energy Supply. There are no other planned changes to Susquehanna Nuclear's chain of ownership involved in this restructuring, as shown in the attached figures. | |||
of the planned elimination of one of the intermediate parent companies from the chain of ownership of Susquehanna Nuclear, LLC, which is the licensed operator and an owner of the Susquehanna Steam Electric Station ("SSES"). Currently, Susquehanna Nuclear is a direct, wholly-owned subsidiary of Tal en Generation, LLC, which in turn is a direct, wholly-owned subsidiary ofTalen Energy Supply, LLC. Talen Energy Supply, LLC is a direct, wholly-owned subsidiary of Tal en Energy Holdings, Inc., which is a direct, wholly-owned subsidiary ofTalen Energy Corporation, the stock of which is held by portfolio companies ofRiverstone Holdings, LLC. On or about June 30, 2017, Talen Generation will distribute its membership interests in Susquehanna Nuclear to Talen Energy Supply, making Susquehanna Nuclear a direct, wholly-owned subsidiary ofTalen Energy Supply. There are no other planned changes to Susquehanna Nuclear' s chain of ownership involved in this restructuring, as shown in the attached figures. | |||
This elimination of an intermediate parent does not involve any direct or indirect transfer of control of the SSES licenses that would require NRC consent pursuant to 10 C.F.R. § 50.80. The NRC has on prior occasions determined that "the removal of intermediary companies has not been considered a transfer, direct or indirect, under 10 CFR 50.80 on the grounds that the indirect control exercised by the parent company is not affected." | This elimination of an intermediate parent does not involve any direct or indirect transfer of control of the SSES licenses that would require NRC consent pursuant to 10 C.F.R. § 50.80. The NRC has on prior occasions determined that "the removal of intermediary companies has not been considered a transfer, direct or indirect, under 10 CFR 50.80 on the grounds that the indirect control exercised by the parent company is not affected." | ||
See, e.g. , Safety Evaluation by the Office of Nuclear Reactor Regulation, Corporate Restructuring, Conversion of Companies and Stock Split-Off By Entergy Nuclear Operations, Inc. and Subsidiaries (Oct. 29, 2009) (ADAMS Accession No. ML092870647). | See, e.g., Safety Evaluation by the Office of Nuclear Reactor Regulation, Corporate Restructuring, Conversion of Companies and Stock Split-Off By Entergy Nuclear Operations, Inc. and Subsidiaries (Oct. 29, 2009) (ADAMS Accession No. ML092870647). | ||
This corporate change does not require any change to the terms and conditions of the SSES licenses, and will have no effect on the management, technical qualifications, or financial qualifications of Susquehanna Nuclear. The change will not alter Susquehanna Nuclear's organization, staff, officers, or managers, or any of Susquehanna Nuclear's programs, procedures, or conduct of operations. The corporate change does not involve any changes to the nuclear plant operations or equipment at SSES, and does not affect SSES's costs, revenues, or the Parent Support Agreement currently in place between | This corporate change does not require any change to the terms and conditions of the SSES licenses, and will have no effect on the management, technical qualifications, or financial qualifications of Susquehanna Nuclear. The change will not alter Susquehanna Nuclear's organization, staff, officers, or managers, or any of Susquehanna Nuclear's programs, procedures, or conduct of operations. The corporate change does not involve any changes to the nuclear plant operations or equipment at SSES, and does not affect SSES's costs, revenues, or the Parent Support Agreement currently in place between Document Control Desk PLA-7617 Susquehanna Nuclear and Talen Energy Corporation, which will remain effect in accordance with license conditions in Appendix C of the SSES licenses. | ||
Should you have any questions regarding this notification, please contact Mr. Jason Jennings, Manager-Nuclear Regulatory Affairs at (570) 542-3155. | |||
Document Control Desk PLA-7617 Susquehanna Nuclear and Talen Energy Corporation, which will remain effect in accordance with license conditions in Appendix C of the SSES licenses. | |||
Should you have any questions regarding this notification, please contact Mr. Jason Jennings, Manager- Nuclear Regulatory Affairs at (570) 542-3155. | |||
This letter contains no new regulatory commitments. | This letter contains no new regulatory commitments. | ||
Sine~~------ | Sine~~------ | ||
B. Berryman Attachments: | B. Berryman Attachments: | ||
Figure 1: Simplified Organization Chati - Current Figure 2: Simplified Organization Chart- After Restructuring cc: | Figure 1: Simplified Organization Chati - Current Figure 2: Simplified Organization Chart-After Restructuring cc: | ||
NRC Region I Ms. T. Hood, NRC Project Manager Ms. L. Micewski, NRC Sr. Resident Inspector Mr. M. Shields, PA DEP/BRP | |||
) | ) | ||
Attachment to PLA-7617 Figure 1 and 2 Figure 1 Simplified Organization Chart - Current Riverstone Shareholders (DE LLCs) 100% | |||
Figure 1 Simplified Organization Chart - Current Riverstone Shareholders (DE LLCs) 100% | |||
Talen Energy Corporation (DE Corp) | Talen Energy Corporation (DE Corp) | ||
Talen Energy Holdings, Inc. | Talen Energy Holdings, Inc. | ||
| Line 41: | Line 37: | ||
Talen Generation, LLC (DELLC) | Talen Generation, LLC (DELLC) | ||
Susquehanna Nuclear, LLC (DELLC) | Susquehanna Nuclear, LLC (DELLC) | ||
Figure 2 Simplified Organization Chart-After Restructuring Riverstone Shareholders (DE LLCs) 100% | |||
Figure 2 Simplified Organization Chart- After Restructuring Riverstone Shareholders (DE LLCs) 100% | |||
Talen Energy Corporation (DE Corp) | Talen Energy Corporation (DE Corp) | ||
Talen Energy Holdings, Inc. | Talen Energy Holdings, Inc. | ||
Latest revision as of 18:25, 8 January 2025
| ML17186A002 | |
| Person / Time | |
|---|---|
| Site: | Susquehanna |
| Issue date: | 07/05/2017 |
| From: | Berryman B Susquehanna, Talen Energy |
| To: | Document Control Desk, Office of Nuclear Material Safety and Safeguards, Office of Nuclear Reactor Regulation |
| References | |
| PLA-7617 | |
| Download: ML17186A002 (5) | |
Text
dlfl 0 5 2017 Brad Berryman Site Vice President U.S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC* 20555-0001 Susquehanna Nuclear, LLC 769 Salem Boulevard Berwick, PA 18603 Tel. 570.542.2904 Fax 570.542.1504 Brad.Berryman@TalenEnergy.com SUSQUEHANNA STEAM ELECTRIC STATION NOTIFICATION OF RESTRUCTURING PLA-7617 TALEN~
ENERGY 10 CFR 50.80 Docket Nos. 50-387 50-388 and 72-28 The purpose of this letter is to notify the U.S. Nuclear Regulatory Commission ("NRC")
of the planned elimination of one of the intermediate parent companies from the chain of ownership of Susquehanna Nuclear, LLC, which is the licensed operator and an owner of the Susquehanna Steam Electric Station ("SSES"). Currently, Susquehanna Nuclear is a direct, wholly-owned subsidiary of Tal en Generation, LLC, which in turn is a direct, wholly-owned subsidiary ofTalen Energy Supply, LLC. Talen Energy Supply, LLC is a direct, wholly-owned subsidiary of Tal en Energy Holdings, Inc., which is a direct, wholly-owned subsidiary ofTalen Energy Corporation, the stock of which is held by portfolio companies ofRiverstone Holdings, LLC. On or about June 30, 2017, Talen Generation will distribute its membership interests in Susquehanna Nuclear to Talen Energy Supply, making Susquehanna Nuclear a direct, wholly-owned subsidiary ofTalen Energy Supply. There are no other planned changes to Susquehanna Nuclear's chain of ownership involved in this restructuring, as shown in the attached figures.
This elimination of an intermediate parent does not involve any direct or indirect transfer of control of the SSES licenses that would require NRC consent pursuant to 10 C.F.R. § 50.80. The NRC has on prior occasions determined that "the removal of intermediary companies has not been considered a transfer, direct or indirect, under 10 CFR 50.80 on the grounds that the indirect control exercised by the parent company is not affected."
See, e.g., Safety Evaluation by the Office of Nuclear Reactor Regulation, Corporate Restructuring, Conversion of Companies and Stock Split-Off By Entergy Nuclear Operations, Inc. and Subsidiaries (Oct. 29, 2009) (ADAMS Accession No. ML092870647).
This corporate change does not require any change to the terms and conditions of the SSES licenses, and will have no effect on the management, technical qualifications, or financial qualifications of Susquehanna Nuclear. The change will not alter Susquehanna Nuclear's organization, staff, officers, or managers, or any of Susquehanna Nuclear's programs, procedures, or conduct of operations. The corporate change does not involve any changes to the nuclear plant operations or equipment at SSES, and does not affect SSES's costs, revenues, or the Parent Support Agreement currently in place between Document Control Desk PLA-7617 Susquehanna Nuclear and Talen Energy Corporation, which will remain effect in accordance with license conditions in Appendix C of the SSES licenses.
Should you have any questions regarding this notification, please contact Mr. Jason Jennings, Manager-Nuclear Regulatory Affairs at (570) 542-3155.
This letter contains no new regulatory commitments.
Sine~~------
B. Berryman Attachments:
Figure 1: Simplified Organization Chati - Current Figure 2: Simplified Organization Chart-After Restructuring cc:
NRC Region I Ms. T. Hood, NRC Project Manager Ms. L. Micewski, NRC Sr. Resident Inspector Mr. M. Shields, PA DEP/BRP
)
Attachment to PLA-7617 Figure 1 and 2 Figure 1 Simplified Organization Chart - Current Riverstone Shareholders (DE LLCs) 100%
Talen Energy Corporation (DE Corp)
Talen Energy Holdings, Inc.
(DE Corp)
Talen Energy Supply, LLC (DELLC)
Talen Generation, LLC (DELLC)
Susquehanna Nuclear, LLC (DELLC)
Figure 2 Simplified Organization Chart-After Restructuring Riverstone Shareholders (DE LLCs) 100%
Talen Energy Corporation (DE Corp)
Talen Energy Holdings, Inc.
(DE Corp)
Talen Energy Supply, LLC (DELLC)
Susquehanna Nuclear, LLC (DELLC)