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HomeMy WebLinkAbout20221107_ATLE2202_cb.pdf DECISION MEMORANDUM 1 DECISION MEMORANDUM TO: COMMISSIONER ANDERSON COMMISSIONER CHATBURN COMMISSIONER HAMMOND COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: CHRIS BURDIN DEPUTY ATTORNEY GENERAL DATE: NOVEMBER 7, 2022 SUBJECT: IN THE MATTER OF THE APPLICATION OF GREYLOCK ENERGY HOLDINGS, LLC FOR APPROVAL OF ITS STOCK AND OWNERSHIP INTERESTS PURCHASE AGREEMENT WITH ISRAEL RAY FOR THE ACQUISITION OF THE ATLANTA POWER COMPANY; CASE NO. ATL- E-22-02. On October 14, 2022, Greylock Energy Holdings, LLC (“Greylock”), filed an application with the Idaho Public Utilities Commission (“Commission”) for approval of a Stock and Ownership Interests Purchase Agreement (“Agreement”) between Greylock and Israel Ray as the majority, and only known, shareowner in the Atlanta Power Company (“Company”). The Agreement provides for Greylock to purchase all of the assets of the Company including its certificate of public convenience and necessity for the provision of electric service to the approximately seventy-five (75) individual customers in and around the community of Atlanta, Idaho. STAFF RECOMMENDATIONS Commission Staff (“Staff”) recommends the Commission issue a Notice of Application, Notice of Modified Procedure, and Scheduling Order adopting the following schedule for Customer and Party comments, Virtual Staff Workshop, and Virtual Customer Hearing: 1. November 29, 2022 – Virtual Staff Workshop – from 6 p.m. until 9 p.m. local time. 2. December 6, 2022 – Initial Party comments due. 3. December 13, 2022 – Virtual Customer Hearing – from 6 p.m. until 9 p.m. local time. 4. December 15, 2022 – Reply Party comments and Customer written comments due. DECISION MEMORANDUM 2 COMMISSION DECISION Does the Commission wish to issue a Notice of Application, Notice of Modified Procedure, and Scheduling Order that adopts: 1. Staff’s Schedule? 2. Another schedule? ____________________________ Chris Burdin Deputy Attorney General I:\Legal\ELECTRIC\ATL-E-22-02 Greylock\memos\ATLE2202_dec_cb.docx