In the Matter of General Electric Company (Vallecitos Boiling Water Reactor, General Electric Test Reactor, Nuclear Test Reactor, and ESADA Vallecitos Experimental Superheat Reactor); Order Approving Transfer of Licenses and Conforming Amendments, 52582-52584 [E7-18147]

Download as PDF 52582 Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices factual information) on Commerce’s final results is three business days after the issuance of Commerce’s results. If comments contain business proprietary information (BPI), they must conform with the requirements of sections 201.6, 207.3, and 207.7 of the Commission’s rules. The Commission’s rules do not authorize filing of submissions with the Secretary by facsimile or electronic means, except to the extent permitted by section 201.8 of the Commission’s rules, as amended, 67 FR 68036 (November 8, 2002). Even where electronic filing of a document is permitted, certain documents must also be filed in paper form, as specified in II (C) of the Commission’s Handbook on Electronic Filing Procedures, 67 FR 68168, 68173 (November 8, 2002). In accordance with sections 201.16(c) and 207.3 of the rules, each document filed by a party to the reviews must be served on all other parties to the reviews (as identified by either the public or BPI service list), and a certificate of service must be timely filed. The Secretary will not accept a document for filing without a certificate of service. Determination. The Commission has determined to exercise its authority to extend the review period by up to 90 days pursuant to 19 U.S.C. 1675(c)(5)(B). Authority: These reviews are being conducted under authority of title VII of the Tariff Act of 1930; this notice is published pursuant to section 207.62 of the Commission’s rules. Issued: September 10, 2007. By order of the Commission. Marilyn R. Abbott, Secretary to the Commission. [FR Doc. E7–18111 Filed 9–13–07; 8:45 am] BILLING CODE 7020–02–P INTERNATIONAL TRADE COMMISSION [Investigation Nos. 701–TA–415 and 731– TA–933 and 934 (Review)] Polyethylene Terephthalate Film From India and Taiwan United States International Trade Commission. ACTION: Notice of Commission determinations to conduct full five-year reviews concerning the countervailing duty order on polyethylene terephthalate (‘‘PET’’) film from India and the antidumping duty orders on PET film from India and Taiwan. rmajette on PROD1PC64 with NOTICES AGENCY: SUMMARY: The Commission hereby gives notice that it will proceed with full reviews pursuant to section 751(c)(5) of VerDate Aug<31>2005 15:44 Sep 13, 2007 Jkt 211001 the Tariff Act of 1930 (19 U.S.C. 1675(c)(5)) to determine whether revocation of the countervailing duty order on polyethylene terephthalate (‘‘PET’’) film from India and the antidumping duty orders on PET film from India and Taiwan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. A schedule for the reviews will be established and announced at a later date. For further information concerning the conduct of these reviews and rules of general application, consult the Commission’s Rules of Practice and Procedure, part 201, subparts A through E (19 CFR part 201), and part 207, subparts A, D, E, and F (19 CFR part 207). DATES: Effective Date: September 4, 2007. FOR FURTHER INFORMATION CONTACT: Mary Messer (202–205–3193), Office of Investigations, U.S. International Trade Commission, 500 E Street SW., Washington, DC 20436. Hearingimpaired persons can obtain information on this matter by contacting the Commission’s TDD terminal on 202– 205–1810. Persons with mobility impairments who will need special assistance in gaining access to the Commission should contact the Office of the Secretary at 202–205–2000. General information concerning the Commission may also be obtained by accessing its internet server (http:// www.usitc.gov). The public record for these reviews may be viewed on the Commission’s electronic docket (EDIS) at http://edis.usitc.gov. SUPPLEMENTARY INFORMATION: On September 4, 2007, the Commission determined that it should proceed to full reviews in the subject five-year reviews pursuant to section 751(c)(5) of the Act. The Commission found that the domestic interested party group response to its notice of institution (72 FR 30627, June 1, 2007) was adequate and that the respondent interested party group response with respect to India was adequate and decided to conduct full reviews with respect to the antidumping and countervailing duty orders concerning PET film from India. The Commission found that the respondent interested party group response with respect to Taiwan was inadequate. However, the Commission determined to conduct a full review concerning the antidumping duty order on PET film from Taiwan to promote administrative efficiency in light of its decision to conduct full reviews with respect to the orders concerning PET film from India. A record of the Commissioners’ votes, the PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 Commission’s statement on adequacy, and any individual Commissioner’s statements will be available from the Office of the Secretary and at the Commission’s Web site. Authority: These reviews are being conducted under authority of title VII of the Tariff Act of 1930; this notice is published pursuant to section 207.62 of the Commission’s rules. Issued: September 10, 2007. By order of the Commission. Marilyn R. Abbott, Secretary to the Commission. [FR Doc. E7–18110 Filed 9–13–07; 8:45 am] BILLING CODE 7020–02–P NUCLEAR REGULATORY COMMISSION [Docket Nos.: 50–18, 50–70, 50–73, 50–183; License Nos.: DPR–1, TR–1, R–33, and DR– 10] In the Matter of General Electric Company (Vallecitos Boiling Water Reactor, General Electric Test Reactor, Nuclear Test Reactor, and ESADA Vallecitos Experimental Superheat Reactor); Order Approving Transfer of Licenses and Conforming Amendments I The General Electric Company (GE) is the holder of License No. DPR–1 for the Vallecitos Boiling Water Reactor (VBWR), License No. TR–1 for the General Electric Test Reactor (GETR), and License No. DR–10 for the ESADA Vallecitos Experimental Superheat Reactor (EVESR), which authorize possession but not operation of these facilities. GE is also the holder of License No. R–33 for the Nuclear Test Reactor (NTR), which authorizes possession, use and operation of the facility. The VBWR, the GETR and the EVESR are permanently shut down with possession-only licenses, and are maintained in safe storage with their nuclear fuel removed from the site. The NTR is a research reactor that operates at power levels not in excess of 100 kilowatts (thermal) under the authority of an operating license. The facilities are located at GE’s Vallecitos site in Sunol, California. II By letter dated January 19, 2007, and supplemented on January 25, 2007, February 23, 2007, March 2, 2007, March 26, 2007, May 16, 2007, May 18, 2007, June 4, 2007, July 6, 2007, and August 9, 2007, (collectively, the Application), GE requested approval by the U.S. Nuclear Regulatory E:\FR\FM\14SEN1.SGM 14SEN1 rmajette on PROD1PC64 with NOTICES Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices Commission (NRC) to the direct license transfers that would be necessary in connection with GE’s proposed transfers to GE-Hitachi Nuclear Energy Americas, LLC (GE-Hitachi) of its 100 percent interests in the VBWR, the EVESR, the GETR, and the NTR. GE also requested approval of conforming amendments to the respective licenses to reflect the proposed transfers of ownership of the facilities from GE to GE-Hitachi. No physical changes to the facilities or operational changes were proposed in the Application. After completion of the proposed transfers, GE-Hitachi would be the owner of the VBWR, the EVESR, and the GETR, and owner and operator of the NTR. Approval of the transfer of the licenses and the conforming amendments was requested pursuant to Section 184 of the Atomic Energy Act of 1954, as amended, (the Act), 10 CFR 50.80 and 10 CFR 50.90. A notice of consideration of approval and opportunity for a hearing or to submit written comments for the requested direct transfers was published in the Federal Register on March 28, 2007 (72 FR 14621–14622). No request for hearing or comment were received on the Application. Pursuant to 10 CFR 50.80, no license for a production or utilization facility, or any right thereunder, shall be transferred, directly or indirectly, through transfer of control of the license, unless the Commission shall give its consent in writing. Upon review of the information in the Application and other information before the Commission, and relying upon the representations and agreements contained in the Application, the NRC staff has determined that GE-Hitachi is qualified to hold the licenses to the extent now held by GE regarding its ownership interests and operating authority as proposed in the Application, and the transfer of the licenses is otherwise consistent with applicable provisions of law, regulations, and orders issued by the Commission, subject to the conditions set forth below. The NRC staff has further found that the Application for the proposed amendments to the licenses complies with the standards and requirements of the Act, and the Commission’s rules and regulations set forth in 10 CFR Chapter I; the facilities will operate in conformity with the Application, the provisions of the Act and the rules and regulations of the Commission; there is reasonable assurance that the activities authorized by the proposed license amendments can be conducted without endangering VerDate Aug<31>2005 15:44 Sep 13, 2007 Jkt 211001 the health and safety of the public, and that such activities will be conducted in accordance with the Commission’s regulations; the issuance of the proposed amendments to the licenses will not be inimical to the common defense and security or to the health and safety of the public; and the issuance of the proposed amendments to the licenses will be in accordance with 10 CFR Part 51 of the Commission’s regulations and all applicable requirements have been satisfied. The findings set forth above are supported by NRC’s Safety Evaluation dated September 6, 2007. III Accordingly, pursuant to Sections 161b, 161i, and 184 of the Atomic Energy Act of 1954, as amended; 42 U.S.C. 2201(b), 2201(i), and 2234; and 10 CFR 50.80, It is hereby ordered that the transfer of the licenses, as described herein, to GE-Hitachi is approved, subject to the following conditions: 1. GE-Hitachi Nuclear Energy Americas, LLC, as stated in the Application, will abide by all commitments and representations previously made by GE with respect to the licenses. These include, but are not limited to, maintaining decommissioning records, implementing decontamination activities, and eventually decommissioning the facilities. 2. The Manager of the Vallecitos Nuclear Center, the Vice-President, Reactor Facility Safety and Security of GE-Hitachi Nuclear Energy Americas, LLC, and the Manager of GE-Hitachi Nuclear Energy Americas, LLC, shall be U.S. citizens. These individuals shall have the responsibility and exclusive authority to ensure and shall ensure, that the business and activities of GEHitachi Nuclear Energy Americas, LLC, with respect to the licenses for the subject facilities, are at all times conducted in a manner consistent with the protection of the public health and safety and the common defense and security. 3. The commitments/representations made in the Application, regarding reporting relationships and authority over safety and security issues and compliance with NRC requirements shall be adhered to and may not be modified without the prior written consent from the Director, Office of Nuclear Reactor Regulation, the Director, Office of Federal and State Materials and Environmental Management Programs, or their designee(s). 4. GE-Hitachi Nuclear Energy Americas, LLC, shall cause to be PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 52583 transmitted to the Director, Office of Nuclear Reactor Regulation and the Director, Office of Federal and State Materials and Environmental Management Programs within 30 days of filing with the U.S. Securities Exchange Commission (SEC), any schedule 13D or 13G filed pursuant to the Securities Exchange Act of 1934 that discloses beneficial ownership of a registered class of General Electric stock. 5. Prior to completion of the transfer of the licenses, GE-Hitachi Nuclear Energy Americas, LLC, shall provide the Nuclear Regulatory Commission staff satisfactory documentary evidence that it has obtained the appropriate amount of insurance required of licensees under 10 CFR Part 140 of the Commission’s regulations. 6. Prior to completion of the transfer of the licenses, GE-Hitachi Nuclear Energy Americas, LLC, shall provide the Nuclear Regulatory Commission staff satisfactory documentary evidence of a parent company guarantee or another method authorized by and meeting the requirements of 10 CFR 50.75 for decommissioning funding assurance for the licenses in an amount no less than $8,016,000 for the VBWR, $14,077,000 for the GETR, $3,411,000 for the NTR, and $10,516,000 for the EVESR. It is further ordered that, consistent with 10 CFR 2.1315(b), amendments to the licenses that make changes as indicated in Enclosure 2 to the cover letter, which forwards this Order, to conform the licenses to reflect the subject transfer of the licenses, are approved. The amendments to the licenses shall be issued and made effective at the time the proposed transfers are completed. It is further ordered that GE shall inform the Directors of the Office of Nuclear Reactor Regulation and the Office of Federal and State Materials and Environmental Management Programs in writing of the date of closing of the transfer of the subject interests in the VBWR, the EVESR, the GETR, and the NTR at least (five) 5 business days prior to transfer to GEHitachi. Should the transfer of the licenses not be completed within one year of this Order’s date of issuance, this Order shall become null and void, provided, however, that upon written application and for good cause shown, such date may be extended by order. This Order is effective upon issuance. For further details with respect to this Order, see the Application and the Safety Evaluation, which are available for public inspection at the Commission’s Public Document Room (PDR), located at One White Flint North, E:\FR\FM\14SEN1.SGM 14SEN1 52584 Federal Register / Vol. 72, No. 178 / Friday, September 14, 2007 / Notices Public File Area 01 F21, 11555 Rockville Pike (first floor), Rockville, Maryland and accessible electronically from the Agencywide Documents Access and Management System (ADAMS) Public Electronic Reading Room on the Internet at the NRC Web site, http://www.nrc.gov/reading-rm/ adams.html. Persons who do not have access to ADAMS, or who encounter problems in accessing the documents located in ADAMS, should contact the NRC PDR Reference staff by telephone at 1–800–397–4209, 301–415–4737, or by e-mail to pdr@nrc.gov. Dated at Rockville, Maryland this 6th day of September 2007. For the Nuclear Regulatory Commission. J.E. Dyer, Director, Office of Nuclear Reactor Regulation. [FR Doc. E7–18147 Filed 9–13–07; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION [Docket Nos. 50–445 and 50–446; License Nos. NPF–87 and NPF–89] In the Matter of: Txu Generation Company LP (Comanche Peak Steam Electric Station, Units 1 and 2); Order Approving Indirect Transfer of Facility Operating Licenses and Conforming Amendments I TXU Generation Company LP is the holder of Facility Operating Licenses numbered NPF–87 and NPF–89, which authorize operation of Comanche Peak Steam Electric Station, Units 1 and 2 (CPSES). The facilities are located at the licensee’s site in Somervell County, Texas. The Operating Licenses authorize TXU Generation Company LP to possess, use and operate CPSES. rmajette on PROD1PC64 with NOTICES II By application dated April 18, 2007, as supplemented by letter dated July 20, 2007, TXU Generation Company LP (TXU Power), acting on behalf of Texas Energy Future Holdings Limited Partnership (Texas Energy LP) and itself, requested that the U.S. Nuclear Regulatory Commission (NRC), pursuant to Section 50.80 of Title 10 of the Code of Federal Regulations (10 CFR), consent to the proposed indirect transfer of control of TXU Power’s licenses to possess, use, and operate CPSES. TXU Corp., which indirectly owns 100 percent of TXU Power, and Texas Energy LP have entered into an agreement for Texas Energy LP to acquire all of the outstanding equity of VerDate Aug<31>2005 15:44 Sep 13, 2007 Jkt 211001 TXU Corp. As part of the transaction, a new company, Luminant Holdco, will be established as an intermediate parent of TXU Power and indirect subsidiary of TXU Corp. At the time of the acquisition, TXU Power will be converted from a limited partnership to a limited liability company, but will continue in existence through the conversion and will continue to hold the licenses. Thus, there will be no direct transfer of the licenses. The application also states that TXU Power, i.e., TXU Generation Company LP, will be renamed as Luminant Generation Company LLC. Therefore, pursuant to 10 CFR 50.90, TXU Power also requested approval of conforming license amendments to the CPSES, Unit 1 Operating License (NPF–87) and CPSES, Unit 2 Operating License (NPF– 89) to reflect the name change from TXU Generation Company LP to Luminant Generation Company LLC. Under the name of Luminant Generation Company LLC, TXU Power will continue to own and operate CPSES. Through the acquisition of TXU Corp. by Texas Energy LP, TXU Power will become part of an enterprise controlled and held by private equity investors. Notice of the requests for approval and an opportunity for a hearing was published in the Federal Register on June 13, 2007 (72 FR 32685). No comments or hearing requests were received. Pursuant to 10 CFR 50.80, no license, or any right thereunder, shall be transferred, directly or indirectly, through transfer of control of the license, unless the Commission shall give its consent in writing. Upon review of the information in the application as supplemented and other information before the Commission, and relying upon the representations and agreements in the application as supplemented, the NRC staff concludes that the proposed indirect transfer of control of TXU Power as described herein will not affect the qualifications of TXU Power as holder of the CPSES licenses, and that the indirect transfer of control of the licenses, to the extent effected by the proposed transaction described in the application, is otherwise consistent with the applicable provisions of laws, regulations, and orders issued by the NRC pursuant thereto, subject to the conditions described herein. The findings set forth above are supported by a safety evaluation dated September 10, 2007. PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 III Accordingly, pursuant to Sections 161b, 161i, 161o, and 184 of the Atomic Energy Act of 1954, as amended, 42 U.S.C. 2201(b), 2201(i), 2201(o), and 2234; and 10 CFR 50.80, It is hereby ordered that the application regarding the indirect license transfers related to the proposed acquisition is approved, subject to the following conditions: (1) TXU Power shall enter into the $250 million support agreement with Luminant Investment Company LLC, as described in the application, no later than the time the proposed transactions and indirect license transfers occur. TXU Power, whether or not converted to a limited liability company and/or renamed, shall take no action to cause Luminant Investment Company LLC, or its successors and assigns, to void, cancel, or modify the support agreement or cause it to fail to perform, or impair its performance under the support agreement, without the prior written consent of the NRC. The support agreement may not be amended or modified without 30 days prior written notice to the Director of the Office of Nuclear Reactor Regulation or his designee. An executed copy of the support agreement shall be submitted to the NRC no later than 30 days after the completion of the proposed transactions and the indirect license transfers. TXU Power, whether or not converted to a limited liability company and/or renamed, shall inform the NRC in writing anytime it draws upon the support agreement. (2) Following the subject indirect transfer of control of the licenses, all of the officers of the general partner or controlling member of the licensee of CPSES shall be U.S. citizens. This condition may be amended upon application by the licensee and approval by the Director of the Office of Nuclear Reactor Regulation. It is further ordered that, consistent with 10 CFR 2.1315(b), license amendments that make changes, as indicated in Enclosure 2 to the cover letter forwarding this Order, to conform the licenses to reflect the change in the name of the licensee occurring in connection with the proposed acquisition of TXU Corp., and to reflect certain conditions of this order, are approved. The amendments shall be issued and made effective at the time the proposed acquisition and name change are completed. It is further ordered that TXU Power shall inform the Director of the Office of Nuclear Reactor Regulation in writing of the date of the closing of the acquisition of TXU Corp., establishment of E:\FR\FM\14SEN1.SGM 14SEN1

Agencies

[Federal Register Volume 72, Number 178 (Friday, September 14, 2007)]
[Notices]
[Pages 52582-52584]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18147]


=======================================================================
-----------------------------------------------------------------------

NUCLEAR REGULATORY COMMISSION

[Docket Nos.: 50-18, 50-70, 50-73, 50-183; License Nos.: DPR-1, TR-1, 
R-33, and DR-10]


In the Matter of General Electric Company (Vallecitos Boiling 
Water Reactor, General Electric Test Reactor, Nuclear Test Reactor, and 
ESADA Vallecitos Experimental Superheat Reactor); Order Approving 
Transfer of Licenses and Conforming Amendments

I

    The General Electric Company (GE) is the holder of License No. DPR-
1 for the Vallecitos Boiling Water Reactor (VBWR), License No. TR-1 for 
the General Electric Test Reactor (GETR), and License No. DR-10 for the 
ESADA Vallecitos Experimental Superheat Reactor (EVESR), which 
authorize possession but not operation of these facilities. GE is also 
the holder of License No. R-33 for the Nuclear Test Reactor (NTR), 
which authorizes possession, use and operation of the facility. The 
VBWR, the GETR and the EVESR are permanently shut down with possession-
only licenses, and are maintained in safe storage with their nuclear 
fuel removed from the site. The NTR is a research reactor that operates 
at power levels not in excess of 100 kilowatts (thermal) under the 
authority of an operating license. The facilities are located at GE's 
Vallecitos site in Sunol, California.

II

    By letter dated January 19, 2007, and supplemented on January 25, 
2007, February 23, 2007, March 2, 2007, March 26, 2007, May 16, 2007, 
May 18, 2007, June 4, 2007, July 6, 2007, and August 9, 2007, 
(collectively, the Application), GE requested approval by the U.S. 
Nuclear Regulatory

[[Page 52583]]

Commission (NRC) to the direct license transfers that would be 
necessary in connection with GE's proposed transfers to GE-Hitachi 
Nuclear Energy Americas, LLC (GE-Hitachi) of its 100 percent interests 
in the VBWR, the EVESR, the GETR, and the NTR.
    GE also requested approval of conforming amendments to the 
respective licenses to reflect the proposed transfers of ownership of 
the facilities from GE to GE-Hitachi. No physical changes to the 
facilities or operational changes were proposed in the Application. 
After completion of the proposed transfers, GE-Hitachi would be the 
owner of the VBWR, the EVESR, and the GETR, and owner and operator of 
the NTR.
    Approval of the transfer of the licenses and the conforming 
amendments was requested pursuant to Section 184 of the Atomic Energy 
Act of 1954, as amended, (the Act), 10 CFR 50.80 and 10 CFR 50.90. A 
notice of consideration of approval and opportunity for a hearing or to 
submit written comments for the requested direct transfers was 
published in the Federal Register on March 28, 2007 (72 FR 14621-
14622). No request for hearing or comment were received on the 
Application.
    Pursuant to 10 CFR 50.80, no license for a production or 
utilization facility, or any right thereunder, shall be transferred, 
directly or indirectly, through transfer of control of the license, 
unless the Commission shall give its consent in writing. Upon review of 
the information in the Application and other information before the 
Commission, and relying upon the representations and agreements 
contained in the Application, the NRC staff has determined that GE-
Hitachi is qualified to hold the licenses to the extent now held by GE 
regarding its ownership interests and operating authority as proposed 
in the Application, and the transfer of the licenses is otherwise 
consistent with applicable provisions of law, regulations, and orders 
issued by the Commission, subject to the conditions set forth below. 
The NRC staff has further found that the Application for the proposed 
amendments to the licenses complies with the standards and requirements 
of the Act, and the Commission's rules and regulations set forth in 10 
CFR Chapter I; the facilities will operate in conformity with the 
Application, the provisions of the Act and the rules and regulations of 
the Commission; there is reasonable assurance that the activities 
authorized by the proposed license amendments can be conducted without 
endangering the health and safety of the public, and that such 
activities will be conducted in accordance with the Commission's 
regulations; the issuance of the proposed amendments to the licenses 
will not be inimical to the common defense and security or to the 
health and safety of the public; and the issuance of the proposed 
amendments to the licenses will be in accordance with 10 CFR Part 51 of 
the Commission's regulations and all applicable requirements have been 
satisfied. The findings set forth above are supported by NRC's Safety 
Evaluation dated September 6, 2007.

III

    Accordingly, pursuant to Sections 161b, 161i, and 184 of the Atomic 
Energy Act of 1954, as amended; 42 U.S.C. 2201(b), 2201(i), and 2234; 
and 10 CFR 50.80, It is hereby ordered that the transfer of the 
licenses, as described herein, to GE-Hitachi is approved, subject to 
the following conditions:
    1. GE-Hitachi Nuclear Energy Americas, LLC, as stated in the 
Application, will abide by all commitments and representations 
previously made by GE with respect to the licenses. These include, but 
are not limited to, maintaining decommissioning records, implementing 
decontamination activities, and eventually decommissioning the 
facilities.
    2. The Manager of the Vallecitos Nuclear Center, the Vice-
President, Reactor Facility Safety and Security of GE-Hitachi Nuclear 
Energy Americas, LLC, and the Manager of GE-Hitachi Nuclear Energy 
Americas, LLC, shall be U.S. citizens. These individuals shall have the 
responsibility and exclusive authority to ensure and shall ensure, that 
the business and activities of GE-Hitachi Nuclear Energy Americas, LLC, 
with respect to the licenses for the subject facilities, are at all 
times conducted in a manner consistent with the protection of the 
public health and safety and the common defense and security.
    3. The commitments/representations made in the Application, 
regarding reporting relationships and authority over safety and 
security issues and compliance with NRC requirements shall be adhered 
to and may not be modified without the prior written consent from the 
Director, Office of Nuclear Reactor Regulation, the Director, Office of 
Federal and State Materials and Environmental Management Programs, or 
their designee(s).
    4. GE-Hitachi Nuclear Energy Americas, LLC, shall cause to be 
transmitted to the Director, Office of Nuclear Reactor Regulation and 
the Director, Office of Federal and State Materials and Environmental 
Management Programs within 30 days of filing with the U.S. Securities 
Exchange Commission (SEC), any schedule 13D or 13G filed pursuant to 
the Securities Exchange Act of 1934 that discloses beneficial ownership 
of a registered class of General Electric stock.
    5. Prior to completion of the transfer of the licenses, GE-Hitachi 
Nuclear Energy Americas, LLC, shall provide the Nuclear Regulatory 
Commission staff satisfactory documentary evidence that it has obtained 
the appropriate amount of insurance required of licensees under 10 CFR 
Part 140 of the Commission's regulations.
    6. Prior to completion of the transfer of the licenses, GE-Hitachi 
Nuclear Energy Americas, LLC, shall provide the Nuclear Regulatory 
Commission staff satisfactory documentary evidence of a parent company 
guarantee or another method authorized by and meeting the requirements 
of 10 CFR 50.75 for decommissioning funding assurance for the licenses 
in an amount no less than $8,016,000 for the VBWR, $14,077,000 for the 
GETR, $3,411,000 for the NTR, and $10,516,000 for the EVESR.
    It is further ordered that, consistent with 10 CFR 2.1315(b), 
amendments to the licenses that make changes as indicated in Enclosure 
2 to the cover letter, which forwards this Order, to conform the 
licenses to reflect the subject transfer of the licenses, are approved. 
The amendments to the licenses shall be issued and made effective at 
the time the proposed transfers are completed.
    It is further ordered that GE shall inform the Directors of the 
Office of Nuclear Reactor Regulation and the Office of Federal and 
State Materials and Environmental Management Programs in writing of the 
date of closing of the transfer of the subject interests in the VBWR, 
the EVESR, the GETR, and the NTR at least (five) 5 business days prior 
to transfer to GE-Hitachi. Should the transfer of the licenses not be 
completed within one year of this Order's date of issuance, this Order 
shall become null and void, provided, however, that upon written 
application and for good cause shown, such date may be extended by 
order.
    This Order is effective upon issuance.
    For further details with respect to this Order, see the Application 
and the Safety Evaluation, which are available for public inspection at 
the Commission's Public Document Room (PDR), located at One White Flint 
North,

[[Page 52584]]

Public File Area 01 F21, 11555 Rockville Pike (first floor), Rockville, 
Maryland and accessible electronically from the Agencywide Documents 
Access and Management System (ADAMS) Public Electronic Reading Room on 
the Internet at the NRC Web site, http://www.nrc.gov/reading-rm/
adams.html. Persons who do not have access to ADAMS, or who encounter 
problems in accessing the documents located in ADAMS, should contact 
the NRC PDR Reference staff by telephone at 1-800-397-4209, 301-415-
4737, or by e-mail to pdr@nrc.gov.

    Dated at Rockville, Maryland this 6th day of September 2007.

    For the Nuclear Regulatory Commission.
J.E. Dyer,
Director, Office of Nuclear Reactor Regulation.
 [FR Doc. E7-18147 Filed 9-13-07; 8:45 am]
BILLING CODE 7590-01-P