Holding Company Act Release 27592
SECURITIES AND EXCHANGE COMMISSION
(Release No. 35-27592; 70-10064 and 70-9861)
Great Plains Energy Incorporated, et al.
Order Granting an Extension of Time
November 4, 2002
Great Plains Energy Incorporated ("GPE"), Kansas City, Missouri, a registered holding company; Kansas City Power & Light Company ("KCPL"), an electric utility company and a wholly-owned subsidiary of GPE; Great Plains Energy Services ("GPES"), a to-be-formed service company subsidiary, all located in Kansas City, Missouri; and Wolf Creek Nuclear Operating Corporation ("WCNOC"), Burlington, Kansas, a nonutility subsidiary of KCPL that provides goods and services to the owners of the Wolf Creek Generating Station (collectively, "Applicants") have filed an application-declaration (S.E.C. File No. 70-10064) with the Securities and Exchange Commission ("Commission") under sections 6(a),7, 9(a), 10, 12(b), and 13(b) of the Public Utility Holding Company Act of 1935, as amended ("Act") and rules 45, 88, 90 and 91 under the Act ("Service Company Application"). A notice of the Service Company Application was issued on October 28, 2002 (HCAR No. 27587).
The Service Company Application requests that the Commission authorize an extension of the interim period ("Interim Period"), which ends November 6, 2002, until March 31, 2003. The Interim Period was originally authorized in S.E.C. File No. 70-9861 by order dated September 7, 2001 (HCAR No. 27436 ("September Order")). The September Order authorized GPE to, among other things, conduct a corporate reorganization and authorized financing for the new system. Specifically, related to the intrasystem provision of services, GPE was given until April 30, 2002 to file the Service Company Application seeking authority to create a service company and implement the final support service structure for the new GPE holding company system.1
On the basis of the facts in the record, it is found that the applicable standards of the Act and rules under the Act are satisfied, and that no adverse findings are necessary.
IT IS ORDERED under the applicable provisions of the Act and the rules under the Act, that the Service Company Application requesting a time extension of the Interim Period through March 31, 2003 is permitted to become effective immediately, subject to the terms and conditions prescribed in rule 24 under the Act.
For the Commission, by the Division of Investment Management, pursuant to delegated authority.
Margaret H. McFarland
Action as set forth or recommended herein
APPROVED pursuant to authority delegated by the
Commission under Public Law 87-592.
For The Division of Investment Management
November 4, 2002
1 The Service Company Application was filed with the Commission in a timely fashion. (S.E.C. File No. 70-10064). The notice was issued on October 28, 2002 (HCAR No. 27587).