96-14558. Union Electric Company, Callaway Plant, Unit 1; Consideration of Transfer of Control of Ownership of Licensee and Opportunity for Public Comment on Antitrust Issues  

  • [Federal Register Volume 61, Number 112 (Monday, June 10, 1996)]
    [Notices]
    [Pages 29434-29435]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-14558]
    
    
    
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    NUCLEAR REGULATORY COMMISSION
    
    [Docket No. 50-483
    
    
    Union Electric Company, Callaway Plant, Unit 1; Consideration of 
    Transfer of Control of Ownership of Licensee and Opportunity for Public 
    Comment on Antitrust Issues
    
        Notice is hereby given that the United States Nuclear Regulatory 
    Commission (the Commission) is considering approval under 10 CFR 50.80 
    of the transfer of control of the license for the Callaway Plant, Unit 
    1, that would result from the consummation of the proposed merger 
    agreement between Union Electric Company, the licensee for Callaway 
    Plant, Unit 1, and CIPSCO Incorporated. By letter dated February 23, 
    1996, as supplemented by letter dated April 24, 1996, Union Electric
    
    [[Page 29435]]
    
    Company informed the Commission that Union Electric Company has entered 
    into a merger agreement with CIPSCO Incorporated which provides for 
    Union Electric Company to become a wholly-owned operating company of 
    Ameren Corporation (``Ameren''), a registered public utility holding 
    company under the Public Utility Holding Company Act of 1935, as 
    amended. Callaway is a nuclear powered generating facility which is 
    solely-owned and operated by Union Electric Company in accordance with 
    the Facility Operating License No. NPF-30. As a result of the merger, 
    the common shareholders of Union Electric Company and CIPSCO, 
    immediately prior to the merger (except for the holders of Union 
    Electric dissenting shares), will all be common shareholders of Ameren 
    immediately upon the consummation of the merger. The merger will have 
    no effect on the operation of Callaway or the provisions of its 
    operating license. Union Electric Company will continue to own and 
    operate Callaway after the merger, as required by the operating 
    license.
        Pursuant to 10 CFR 50.80, the Commission may approve the transfer 
    of control of a license after notice to interested persons. Such 
    approval is contingent upon the Commission's determination that the 
    holder of the license following the transfer is qualified to hold the 
    license and that the transfer is otherwise consistent with applicable 
    provisions of law, regulations, and orders of the Commission.
        By this notice, the Commission is seeking public comment on this 
    proposed transfer of control of the license. Written comments may be 
    submitted by mail to the Rules Review and Directives Branch, Division 
    of Freedom of Information and Publications Services, Office of 
    Administration, U.S. Nuclear Regulatory Commission, Washington, DC 
    20555-0001, and should cite the publication date and page number of 
    this Federal Register notice. Copies of written comments received may 
    be examined at the NRC Public Document Room, the Gelman Building, 2120 
    L Street, NW., Washington, DC 20555.
    
    Antitrust Issues
    
        Any person who wishes to submit comments or information relating to 
    any antitrust issues believed to be raised by this transfer request 
    should submit said comments or information within 30 days of the 
    initial publication of this notice in the Federal Register to the U.S. 
    Nuclear Regulatory Commission, Washington, DC 20555-0001 Attention: 
    Chief, Generic Issues and Environmental Projects Branch, Office of 
    Nuclear Reactor Regulation. The Director of the Office of Nuclear 
    Reactor Regulation will issue a finding whether significant changes in 
    the licensee's activities or proposed activities have occurred since 
    the completion of the previous antitrust review.
        Although the staff is providing the opportunity for comments 
    concerning the competitive aspects of the proposed transfer, the staff 
    notes that it is aware of and is closely following a related proceeding 
    at the Federal Energy Regulatory Commission (FERC). The NRC will 
    consider the FERC proceeding to the maximum extent possible in 
    resolving issues brought before the NRC.
        For further details with respect to this proposed action, see the 
    application from Union Electric Company dated February 23, 1996, and 
    supplemental letter dated April 24, 1996, which are available for 
    public inspection at the Commission's Public Document Room, the Gelman 
    Building, 2120 L Street, NW., Washington, DC 20555, and at the local 
    public document room located at the Callaway County Public Library, 710 
    Court Street, Fulton, Missouri 65251.
    
        Dated at Rockville, Maryland, this 4th day of June 1996.
    
        For the Nuclear Regulatory Commission.
    Kristine M. Thomas,
    Project Manager, Project Directorate IV-2, Division of Reactor Projects 
    III/IV, Office of Nuclear Reactor Regulation.
    [FR Doc. 96-14558 Filed 6-7-96; 8:45 am]
    BILLING CODE 7590-01-P
    
    

Document Information

Published:
06/10/1996
Department:
Nuclear Regulatory Commission
Entry Type:
Notice
Document Number:
96-14558
Pages:
29434-29435 (2 pages)
PDF File:
96-14558.pdf