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Federal Register/Vol. 69, No. 245/Wednesday, December 22

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Federal Register/Vol. 69, No. 245/Wednesday, December 22 Federal Register / Vol. 69, No. 245 / Wednesday, December 22, 2004 / Notices 76797 FOR FURTHER INFORMATION CONTACT: Metro Tech Center, Brooklyn, NY involving the divestiture of one or more Robert Tuleya, Senior Counsel, Division 11201, has filed a declaration Nonutility Subsidiaries, Delta KeySpan, of Investment Management, at (202) (‘‘Declaration’’) with the Commission LLC (‘‘Delta KeySpan’’), Granite State 942–0719. under sections 6(a) and 7 and rule 54 Plumbing & Heating, LLC (‘‘Granite At times, changes in Commission under the Act. State’’) and Northern Peabody, LLC priorities require alterations in the Applicants KeySpan states that it is a (‘‘Northern Peabody’’ and, collectively scheduling of meeting items. For further diversified registered public utility ‘‘KSI Nonutilities’’), which are owned information and to ascertain what, if holding company. KeySpan directly or indirectly by KeySpan Services, Inc. any, matters have been added, deleted indirectly owns seven public utility (‘‘KSI’’).2 KeySpan states that the or postponed, please contact: The Office companies in New York and divestiture transactions will involve the of the Secretary at (202) 942–7070. Massachusetts.1 KeySpan also directly continued maintenance of certain or indirectly owns various nonutility Dated: December 17, 2004. existing Guarantees by KeySpan in favor subsidiaries (collectively referred to as of the KSI Nonutilities that were Jonathan G. Katz, the ‘‘Nonutility Subsidiaries’’) through previously issued in accordance with Secretary. which KeySpan engages in energy the Financing Order (‘‘KSI Divestiture [FR Doc. 04–28053 Filed 12–17–04; 4:03 pm] related nonutility activities. Transaction’’). KeySpan expects to sell BILLING CODE 8010–01–P By order dated December 18, 2003 these KSI Subsidiaries to individuals, (HCAR No. 27776) (‘‘Financing Order’’), groups or corporations. KeySpan the Commission authorized KeySpan requests authorization to engage in KSI SECURITIES AND EXCHANGE and its subsidiaries to engage in a Divestiture Transactions from time to COMMISSION program of external and intrasystem time, the specific terms and conditions [Release No. 35–27926] transactions including, among other of which are not at this time known, things, to engage in certain types of without further prior approval by the Filings Under the Public Utility Holding credit support arrangements through Commission. Company Act of 1935, as Amended December 31, 2006 (‘‘Authorization In connection with these proposed (‘‘Act’’) Period’’). The Financing Order divestitures, KeySpan states that the authorized KeySpan to enter into terms of these previously issued and December 17, 2004. guarantees (‘‘Guarantees’’), performance authorized Guarantees would not Notice is hereby given that the Guarantees, obtain letters of credit, enter change in any respect. No new following filing(s) has/have been made into expense agreements or otherwise Guarantees and indemnities would be with the Commission pursuant to provide credit support with respect to issued in connection with any proposed provisions of the Act and rules the obligations of its subsidiaries as may KSI Divestiture Transaction. KeySpan promulgated under the Act. All be appropriate or necessary to enable states that the Guarantees would remain interested persons are referred to the the subsidiaries to carry on in the in place only for an interim period until application(s) and/or declaration(s) for ordinary course of their respective the completion of a project and the complete statements of the proposed businesses in an aggregate principal expiration of any associated warranty transaction(s) summarized below. The amount not to exceed $4.0 billion period in accordance with contractual application(s) and/or declaration(s) and outstanding at any one time (excluding obligations. KeySpan states that the any amendment(s) is/are available for obligations exempt under rule 45) original aggregate value of the issued public inspection through the (‘‘Guarantee Financing Limit’’). Guarantees was approximately $76 Commission’s Branch of Public KeySpan now requests authorization million. KeySpan states that the Reference. to engage in certain transactions presently outstanding aggregate Interested persons wishing to exposure of the Guarantees has been 1 (i) The Brooklyn Union Gas Company d/b/a comment or request a hearing on the substantially reduced and as of application(s) and/or declaration(s) KeySpan Energy Delivery New York (‘‘KEDNY’’), which distributes natural gas at retail to residential, November 30, 2004 is approximately should submit their views in writing by commercial and industrial customers in the New $23 million. January 6, 2005, to the Secretary, York City boroughs of Brooklyn, Staten Island and KeySpan states that each of the Securities and Exchange Commission, Queens; (ii) KeySpan Gas East Corporation d/b/a KeySpan Energy Delivery Long Island (‘‘KEDLI’’), Guarantees have varying terms, and in Washington, DC 20549–0609, and serve which distributes natural gas at retail to customers certain cases the term has no date a copy on the relevant applicant(s) and/ in New York State located in the counties of Nassau or declarant(s) at the address(es) and Suffolk on Long Island and the Rockaway 2 KeySpan states that Delta KeySpan is a Delaware Peninsula in Queens County; (iii) KeySpan specified below. Proof of service (by limited liability company which designs, builds Generation LLC (‘‘KeySpan Generation’’), which and installs HVAC systems primarily for affidavit or, in the case of an attorney at owns and operates electric generation capacity commercial customers in Rhode Island and the New law, by certificate) should be filed with located on Long Island all of which is sold at England region. KeySpan states that Granite State the request. Any request for hearing wholesale to the Long Island Power Authority (‘‘LIPA’’) for resale by LIPA to its approximately 1.1 (formerly Granite State Plumbing and Heating, Inc.) should identify specifically the issues of million customers; (iv) Boston Gas Company d/b/ is a Delaware limited liability company that is a facts or law that are disputed. A person a KeySpan Energy Delivery New England (‘‘Boston mechanical contractor engaged in the design, who so requests will be notified of any Gas’’), which distributes natural gas to customers installation and service of commercial and industrial plumbing, HVAC equipment and process hearing, if ordered, and will receive a located in Boston and other cities and towns in eastern and central Massachusetts; (v) Essex Gas piping systems for customers in the industrial and copy of any notice or order issued in the Company d/b/a KeySpan Energy Delivery New governmental sector, as well as real estate matter. After January 6, 2005, the England (‘‘Essex Gas’’), which distributes natural developers in new England. KeySpan states that application(s) and/or declaration(s), as gas to customers in eastern Massachusetts; (vi) Northern Peabody (formerly Northern Peabody, Colonial Gas Company d/b/a KeySpan Energy Inc.) is a Delaware limited liability company that filed or as amended, may be granted Delivery New England (‘‘Colonial Gas’’), which is a mechanical contractor engaged in the design, and/or permitted to become effective. distributes natural gas to customers located in installation and service of plumbing, heating, northeastern Massachusetts and on Cape Cod; and ventilation, air conditioning and process piping KeySpan Corporation (70–10274) (vii) EnergyNorth Natural Gas, Inc. d/b/a KeySpan systems. It serves commercial, industrial and KeySpan Corporation (‘‘KeySpan’’), a Energy Delivery New England (‘‘ENGI’’), which institutional customers, in the hospital, healthcare distributes natural gas to customers located in and governmental markets in New Hampshire, combination gas and electric registered southern and central New Hampshire, and the City southern Maine and Massachusetts (excluding public utility holding company, One of Berlin located in northern New Hampshire. Boston). VerDate jul<14>2003 19:42 Dec 21, 2004 Jkt 205001 PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 E:\FR\FM\22DEN1.SGM 22DEN1 76798 Federal Register / Vol. 69, No. 245 / Wednesday, December 22, 2004 / Notices certain but is set to expire upon LLC (‘‘Amex’’ or ‘‘Exchange’’) filed with record of such orders provided to them completion of the associated work the Securities and Exchange by the Exchange for this purpose. project. In any event, KeySpan states Commission (‘‘SEC’’ or ‘‘Commission’’) (c) Rescinded. that with respect to each of the KSI the proposed rule change as described (d) Every member or member Nonutilities, none of the Guarantees, in Items I, II below, which Items have organization shall preserve for at least including any associated warranty been prepared by the Exchange. On three years a record of every period, are expected to terminate later December 15, 2004, the Exchange commitment or obligation to trade than the dates set forth below: submitted Amendment No. 1 to the issued from the Floor and cancellation Delta KeySpan, LLC: February 28, 2007 proposed rule change.3 The Commission thereof, which record shall include the Granite State Plumbing & Heating, LLC: is publishing this notice to solicit name, amount, and price of the security, September 30, 2006 comments on the proposed rule change the destination market center, and the Northern Peabody, LLC: February 28, from interested persons. time when such commitment was 2006 issued or cancelled. I. Self-Regulatory Organization’s
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