[Federal Register Volume 63, Number 207 (Tuesday, October 27, 1998)]
[Page 57324]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28749]



[Docket Nos. 50-254 and 50-265]

MidAmerican Energy Co.; Quad Cities Nuclear Power Station, Units 
1 and 2; Notice of Indirect Transfer of Licenses

    Notice is hereby given that the United States Nuclear Regulatory 
Commission (Commission) is considering the issuance of an order 
approving under 10 CFR 50.80 the indirect transfer of the licenses to 
the extent held by MidAmerican Energy Company (MidAmerican) with 
respect to its 25 percent ownership interest in Quad Cities Nuclear 
Power Station, Units 1 and 2, effectively to CalEnergy Company 
(CalEnergy). By letters dated September 10, 1998, Commonwealth Edison 
Company (ComEd), CalEnergy, and MidAmerican informed the Commission 
that CalEnergy and MidAmerican Energy Holdings Company (MAHC), the 
parent holding company of MidAmerican, have entered into a merger 
agreement, under which CalEnergy effectively will acquire MAHC. 
MidAmerican will become a wholly-owned subsidiary of what is 
essentially CalEnergy and remain as a Commission licensee as described 
in the existing facility operating licenses for Quad Cities.
    Pursuant to 10 CFR 50.80, no license shall be transferred, directly 
or indirectly, through transfer of control of the license, unless the 
Commission consents in writing after notice to interested persons. Such 
approval is contingent upon the Commission's determination that the 
holder of the license following the transfer of the control is 
qualified to hold the license and that the transfer is otherwise 
consistent with applicable provisions of law, regulations and orders of 
the Commission. MidAmerican has requested consent under 10 CFR 50.80 
for the indirect transfer of the licenses to the extent effected by the 
merger described above.
    For further details with respect to this action, see the 
application and respective cover letters dated September 10, 1998, and 
supplemental letter dated September 16, 1998 and attachments thereto 
which are available for public inspection at the Commission's Public 
Document Room, the Gelman Building, 2120 L Street, NW., Washington, DC, 
and at the local public document room located at the Dixon Public 
Library, 221 Hennepin Avenue, Dixon, Illinois 61021.

    Dated at Rockville, Maryland, this 20th day of October 1998.

    For the Nuclear Regulatory Commission.
Stuart A. Richards,
Director, Project Directorate III-2, Division of Reactor Projects--III/
IV, Office of Nuclear Reactor Regulation.
[FR Doc. 98-28749 Filed 10-26-98; 8:45 am]