[Federal Register Volume 66, Number 61 (Thursday, March 29, 2001)]
[Notices]
[Page 17207]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-7791]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 35-27365]


Filings Under the Public Utility Holding Company Act of 1935, as 
amended (``Act'')

March 23, 2001.

    Notice is hereby given that the following filing(s) has/have been 
made with the Commission pursuant to provisions of the Act and rules 
promulgated under the Act. All interested persons are referred to the 
application(s) and/or declaration(s) for complete statements of the 
proposed transaction(s) summarized below. The application(s) and/or 
declaration(s) and any amendment(s) is/are available for public 
inspection through the Commission's Branch of Public Reference.
    Interested persons wishing to comment or request a hearing on the 
application(s) and/or declaration(s) should submit their views in 
writing by April 17, 2001, to the Secretary, Securities and Exchange 
Commission, Washington, D.C. 20549-0609, and serve a copy on the 
relevant applicant(s) and/or declarant(s) at the address(es) specified 
below. Proof of service (by affidavit or, in the case of an attorney at 
law, by certificate) should be filed with the request. Any request for 
hearing should identify specifically the issues of facts or law that 
are disputed. A person who so requests will be notified of any hearing, 
if ordered, and will receive a copy of any notice or order issued in 
the matter. After April 17, 2001, the application(s) and/or 
declaration(s), as filed or as amended, may be granted and/or permitted 
to become effective.

Northeast Utilities, et al. (70-9825)

    Northeast Utilities (``NU''), 174 Brush Hill Avenue, West 
Springfield, Massachusetts 01090-0010, a registered holding company, 
and its public utility subsidiary, The Connecticut Light and Power 
Company (``CL&P''), 107 Selden Street, Berlin, Connecticut 06037 
(collectively, ``Applicants'') have filed a declaration under section 
12(d) of the Act and rules 44 and 54 under the Act.
    Applicants seek an order of the Commission approving the sale of 
CL&P's South Meadow electric generating station (``Station'') to the 
Connecticut Resources Recovery Authority (``CRRA''), a public 
instrumentality and political subdivision of the State of Connecticut. 
CRRA performs the essential government functions of handling and 
disposing of solid waste and resource recovery in Connecticut. The 
Station consists of two steam turbines and four jet turbine sets with a 
rated capability of approximately 250 megawatts, to generate 
electricity, in part from steam produced from combustion of municipal 
solid waste.
    CRRA will pay CL&P $10 million for the Station.\1\ Also, CRRA will 
assume all but $2 million of the on-site environmental obligations. 
Minor amounts of the ``transmission'' assets, which are jurisdictional 
to the Federal Energy Regulatory Commission, will be included with the 
Station. CL&P will retain either a fee interest or adequate easement 
rights for the existing substation, switchyard and related transmission 
and distribution facilities. CRRA will continue to use the Station to 
process municipal solid waste. CRRA will generate electricity for sale 
to CL&P and in the New England competitive markets.
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    \1\ As of November 30, 2000, the net book value (excluding 
dismantlement reserves) of the Station was approximately $2.9 
million.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-7791 Filed 3-28-01; 8:45 am]
BILLING CODE 8010-01-M