Examples of PUHCA Regulations in a sentence
Each committee shall have a chair and at minimum two additional members.
Petition Brookfield requests that the Commission grant the Brookfield Companies a waiver from the requirements of sections 366.21, 366.22, and 366.23 of the Commission’s regulations implementing PUHCA 20059 (PUHCA Regulations) that would otherwise apply to the Brookfield Companies as a result of the acquisition of Arcadia, and confirm that the Brookfield Companies would retain such waiver in the event of the acquisition of Catalyst.
TerraForm adds that Smoky Mountain provides transmission service under an open access transmission tariff to an affiliate.18TerraForm argues, however, that affiliation with these entities does not provide a basis to deny the TerraForm HoldCos’ request for an exemption from the PUHCA Regulations.
We find that it is appropriate to exempt the TerraForm HoldCos from the requirements of the PUHCA Regulations despite the TerraForm HoldCos’ affiliation with entities that own jurisdictional transmission facilities.
Each Subsidiary of Holdings that directly owns electrical generating facilities located outside of the United States is a foreign utility company (“FUCO”) under the PUHCA Regulations.
TerraForm thus asserts that the TerraForm HoldCos only have ownership interests in, and thus continue to be holding companies exclusively with respect to, EWGs and QFs. Second, TerraForm argues that nothing about these limited transmission services or the addition of the Fuel Cell Subsidiaries to the TerraForm HoldCos’ portfolio should impede the Commission from maintaining the TerraForm HoldCos’ exemption from the PUHCA Regulations.
TerraForm also represents that the only public utilities in the TerraForm HoldCo system are EWGs and QFs, which under PUHCA and the PUHCA Regulations otherwise entitle the TerraForm HoldCos to a PUHCA exemption, and that there are no natural gas companies within the TerraForm HoldCos’ holding company system.
First, TerraForm contends that, except for Smoky Mountain and Wind Energy, all of the companies providing limited transmission services over their interconnection customer’s interconnection facilities are themselves EWGs and, therefore, independently provide the TerraForm HoldCos with an exemption from the PUHCA Regulations.
TerraForm maintains that, except for Smoky Mountain and Wind Energy, all of the companies provide only limited transmission service over an interconnection customer’s interconnection facilities and that they are EWGs and QFs, which otherwise exempt the TerraForm HoldCos from the PUHCA Regulations.