[Federal Register Volume 83, Number 237 (Tuesday, December 11, 2018)]
[Notices]
[Pages 63635-63636]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-26763]


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DEPARTMENT OF ENERGY

[FE Docket No. 14-179-LNG]


Notice of Change in Control; Pieridae Energy (USA) Ltd.

AGENCY: Office of Fossil Energy, DOE.

ACTION: Notice of change in control.

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SUMMARY: The Office of Fossil Energy (FE) of the Department of Energy 
(DOE) gives notice of receipt of a Notice of Change in Control (Notice) 
filed by Pieridae Energy (USA) Ltd. (Pieridae US) in the above-
referenced docket on August 31, 2018. The Notice describes a change in 
control of Pieridae Energy Limited, the parent company of Pieridae US.

DATES: Protests, motions to intervene or notices of intervention, as 
applicable, and written comments are to be filed using procedures 
detailed in the Public Comment Procedures section no later than 4:30 
p.m., Eastern time, December 26, 2018.

ADDRESSES: 
    Electronic Filing by email: [email protected].
    Regular Mail: U.S. Department of Energy (FE-34), Office of 
Regulation, Analysis, and Engagement, Office of Fossil Energy, P.O. Box 
44375, Washington, DC 20026-4375.
    Hand Delivery or Private Delivery Services (e.g., FedEx, UPS, 
etc.): U.S. Department of Energy (FE-34), Office of Regulation, 
Analysis, and Engagement, Office of Fossil Energy, Forrestal Building, 
Room 3E-042, 1000 Independence Avenue SW, Washington, DC 20585.

FOR FURTHER INFORMATION CONTACT: 
    Larine Moore or Amy Sweeney, U.S. Department of Energy (FE-34), 
Office of Regulation, Analysis, and Engagement, Office of Fossil 
Energy, Forrestal Building, Room 3E-042, 1000 Independence Avenue SW, 
Washington, DC 20585, (202) 586-9478; (202) 586-2627.
    Cassandra Bernstein, U.S. Department of Energy (GC-76), Office of 
the Assistant General Counsel for Electricity and Fossil Energy, 
Forrestal Building, 1000 Independence Avenue SW, Washington, DC 20585, 
(202) 586-9793.

SUPPLEMENTARY INFORMATION: 

Summary of Change in Control

    The Notice was filed under section 3 of the Natural Gas Act (NGA), 
15 U.S.C. 717b. Pieridae US filed a Notice of Change in Control in the 
above-referenced docket on August 31, 2018.\1\ In the Notice, Pieridae 
US states that it is wholly-owned by Pieridae Energy Limited 
(Pieridae). Pieridae US further states that, during July 2018, Electron 
Capital Partners, LLC (a Delaware corporation), either alone or 
together with Electron Global Master Fund, L.P. (collectively, 
Electron) acquired beneficial ownership of, or exercised control or 
direction over, 10% or more of all issued and outstanding common shares 
of Pieridae. As of July 31, 2018, Electron beneficially owned, or 
exercised control or direction over, 7,127,775 common shares of 
Pieridae, representing approximately 14.1% of Pieridae's issued and 
outstanding common shares.\2\
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    \1\ Pieridae Energy (USA) Ltd., FE Docket No. 14-179-LNG, Notice 
of Change in Control (Aug. 31, 2018).
    \2\ Pieridae US is advised that its described change in control 
may also require the approval of the Committee on Foreign Investment 
in the United States (CFIUS). DOE expresses no opinion regarding the 
need for review by CFIUS. Additional information may be obtained at: 
https://home.treasury.gov/policy-issues/international/the-committee-on-foreign-investment-in-the-united-states-cfius.
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    Additional details can be found in the Notice, posted on the DOE/FE 
website at: https://www.energy.gov/sites/prod/files/2018/09/f55/CIC%2008_31_18.pdf.

DOE/FE Evaluation

    DOE/FE will review Pieridae US's Notice in accordance with its 
Procedures for Changes in Control Affecting Applications and 
Authorizations to Import or Export Natural Gas (CIC Procedures).\3\ 
Consistent with the CIC Procedures, this notice addresses only the 
proceeding in which Pieridae US has been granted final authorization to 
export liquefied natural gas (LNG) to countries with which the United 
States has not entered into a free trade agreement (FTA) requiring 
national treatment for trade in natural gas (non-FTA countries). The 
affected proceeding is FE Docket No. 14-179-LNG. If no interested 
person protests the change in control and DOE takes no action on its 
own motion, the change in control will be deemed granted 30 days after 
publication in the Federal Register. If one or more protests are 
submitted, DOE will review any motions to intervene, protests, and 
answers, and will issue a determination as to whether the proposed 
change in control has been demonstrated to render the underlying 
authorization inconsistent with the public interest.
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    \3\ 79 FR 65541 (Nov. 5, 2014).
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Public Comment Procedures

    Interested persons will be provided 15 days from the date of 
publication of this notice in the Federal Register in order to move to 
intervene, protest, and answer Pieridae US's Notice. Protests, motions 
to intervene, notices of intervention, and written comments are invited 
only as to the change in control described in the Notice.\4\ All 
protests, comments, motions to intervene, or notices of intervention 
must meet the requirements specified by DOE's regulations in 10 CFR 
part 590.
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    \4\ Intervention, if granted, would constitute intervention only 
in the change in control portion of this proceeding, as described 
herein.
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    Filings may be submitted using one of the following methods: (1) 
Preferred method: emailing the filing to [email protected], with the 
individual FE Docket Number(s) in the title line, or Pieridae Change in 
Control in the title line to include all applicable dockets in this 
Notice; (2) mailing an original and three paper copies of the filing to 
the Office of Regulation, Analysis, and Engagement at the address 
listed in ADDRESSES; or (3) hand delivering an original and three paper 
copies of the filing to the Office of Regulation, Analysis, and 
Engagement at the address listed in ADDRESSES. All filings must include 
a reference to the individual FE Docket Number(s) in the title line, or 
Pieridae Change in Control in the title line to include all applicable 
dockets in this Notice. Please Note: If submitting a filing via email, 
please include all related documents and attachments (e.g., exhibits) 
in the original email correspondence. Please do not include any active 
hyperlinks or password protection in any of the documents or 
attachments related to the filing. All electronic filings submitted to 
DOE must follow these guidelines to ensure that all documents are filed 
in a timely manner. Any hardcopy filing submitted greater in length 
than 50 pages must also include, at the time of

[[Page 63636]]

the filing, a digital copy on disk of the entire submission.
    The Notice and any filed protests, motions to intervene or notice 
of interventions, and comments are available for inspection and copying 
in the Office of Regulation, Analysis, and Engagement docket room, Room 
3E-042, 1000 Independence Avenue SW, Washington, DC 20585. The docket 
room is open between the hours of 8:00 a.m. and 4:30 p.m., Monday 
through Friday, except Federal holidays.
    The Notice and any filed protests, motions to intervene or notice 
of interventions, and comments will also be available electronically by 
going to the following DOE/FE Web address: http://www.fe.doe.gov/programs/gasregulation/index.html.

    Signed in Washington, DC, on December 6, 2018.
Amy Sweeney,
Director, Division of Natural Gas Regulation.
[FR Doc. 2018-26763 Filed 12-10-18; 8:45 am]
 BILLING CODE 6450-01-P