The Federal Energy Regulatory Commission has approved the transfer of 13 hydropower licenses totaling 48.648 MW from Central Vermont Public Service Corp. to Green Mountain Power Corp. in anticipation of the Vermont utilities' upcoming merger.
Licenses transferred include:
- 21.05-MW Lamoille River (No. 2205), Lamoille River;
- 250-kW Pierce Mills (No. 2396), Passumpsic River;
- 700-kW Gage (No. 2397), Passumpsic River;
- 350-kW Arnold Falls (No. 2399), Passumpsic River;
- 700-kW Passumpsic (No. 2400), Passumpsic River;
- 275-kW Center Rutland (No. 2445), Otter Creek;
- 1.44-MW Cavendish (No. 2489), Black River;
- 503-kW Taftsville (No. 2490), Ottaquechee River;
- 14.03 Otter Creek (No. 2558), Otter Creek;
- 3-MW Weybridge (No. 2731), Otter Creek;
- 2.25-MW Middlebury Lower (No. 2737), Otter Creek;
- 1.9-MW Carver Falls (No. 11475), Poultney River;
- 2.2-MW Silver Lake (No. 11478), Sucker Brook.
FERC also approved the utilities' request to transfer the license of the Clay Hill Road transmission line (No. 12766).
Additionally, the utilities advised the commission they would be transferring ownership of two hydro projects that hold exemptions from FERC licensing and do not require FERC transfer approval. They are 1.5-MW Bradford/Smith (No. 2488) on Waits River and 2.2-MW East Barnet (No. 3051) on Passumpsic River.
Green Mountain already operates four hydroelectric projects totaling 23.72 MW:
- 5.52-MW Waterbury (No. 2090), Little River;
- 8.05-MW Essex No. 19 (No. 2513), Winooski River;
- 2.6-MW Vergennes (No. 2674), Otter Creek;
- 7.55-MW Bolton Falls (No. 2879), Winooski River.
In the first step of the merger, CVPS' outstanding common equity is to be held by Northern New England Energy Corp., a unit of Montreal-based Gaz Metro Limited Partnership, which also owns all of Green Mountain's common equity. In the second step of the merger, Green Mountain will succeed to the electric service responsibilities and ownership of CVPS' facilities and CVPS will no longer exist.
Although ownership of CVPS' hydro facilities will automatically move to Green Mountain, FERC approval was required for transfer of the 13 hydropower licenses, all in Vermont.