Friday, January 28, 2022

Three Mile Island Unit-2 Proposes to Transfer License to 'Foreign Passive Investors'; Intervention to be Filed, (1/28/22)

Letter enclosing Federal Register Notice on Consideration of the Application for 
Approval of Indirect Transfer of Licenses held by EnergySolutions, LLC
Posted to FRN on 1/21/2022
https://www.federalregister.gov/documents/2022/01/21/2022-01175/zion-nuclear-power-station-units-1-and-2-three-mile-island-nuclear-station-unit-2-la-crosse-boiling


The U.S. Nuclear Regulatory Commission (NRC) received 
and is considering approval of a license transfer application 
filed by Energy Solutions, LLC (EnergySolutions ) on 
December 7, 2021. The application seeks NRC approval 
of the indirect transfer of Facility Operating License 
Nos. DPR-39 and DPR-48 for Zion Nuclear Power 
Station (Zion), Units 1 and 2, respectively, and the 
general license for the Zion independent spent fuel 
storage installation (ISFSI); Possession Only License 
No. DPR-73 for Three Mile Island Nuclear Station,
Unit 2 (TMI-2); Possession Only License No. DPR-45 
for La Crosse Boiling Water Reactor (La Crosse) and 
the general license for the La Crosse ISFSI; Radioactive 
Materials License No. 39-35044-01; and Export 
Licenses XW010/04 and XW018/01 from the 
current principal shareholders of the Energy 
Solutions parent company Rockwell Holdco, 
Inc. (Rockwell) and other investors to a 
majority ownership by TriArtisan ES Partners, 
LLC  (TriArtisan). The application contains 
sensitive unclassified non-safeguards information 
(SUNSI).


TMI-2 Solutions is a wholly owned subsidiary 
of EnergySolutions, which in turn is a privately held 
company whose shares are directly owned by Rockwell 
Holdco, Inc. (''Rockwell").

Rockwell is 57% owned primarily by a number of
 affiliated passive investment funds controlled by Energy 
Capital Partners GP II, LP (the "Controlling Partner"): 
(i) Energy Capital Partners II, LP; (ii) Energy Capital 
Partners II-A, LP; (iii) Energy Capital Partners II-B, LP;
 (iv) Energy Capital Partners II-C (Direct IP), LP; and (v) 
Energy Capital Partners I-D, LP (collectively, the ''ECP II 
Partnerships")...Approximately 37% of the equity in all 
of the ECP II Partnerships is held by Foreign Passive
 Investors. Approximately 28% of the equity in the
 TriArtisan Entities is held by Foreign Passive
 Investors (Application, p. 4) Foreign trustees 
“can make foreign investments, including investments
 to be maintained abroad; provided, however, that such 
authority is limited to those foreign jurisdictions in which
the Trustee has selected a foreign custodian in accordance 
with Section 4.6 - hereof.”

No comments: