Topic:"Affiliate Transactions" in M04265

Matter: P-871 - Nova Scotia Power Inc. - Application for a Load Retention Rate (2000)

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Affiliate Transactions across all matters →

07380Post-Hearing Brief - NSPI 1 passage

NSPI AFFILIATE

NSPI AFFILIATE Mr. Kumar's Condition 4 states the rate will not be offered to any entity in which NSPI has a financial interest of more than 25%. At present there is no such entity owned by Nova Scotia Power. There seems to be no specific...

AI summary Condition 4, proposed by Mr. Kumar, restricts the rate from being offered to entities in which NSPI has a financial interest of more than 25%. NSPI acknowledges the need for non-discrimination but finds the condition unnecessary as there are currently no such entities.

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