ORDER NUMBER
G-156-18
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
Corix Multi-Utility Services Inc. (Corix) and Dockside Green Energy LLP (DGE)
Application for Approval of the Transfer of Partnership Interests in DGE to Vancity Capital Corporation and Dockside Green Limited Partnership and Subsequent Sale and Disposition of DGE Utility Assets to Corix
BEFORE:
K. A. Keilty, Panel Chair
D. J. Enns, Commissioner
on August 17, 2018
ORDER
WHEREAS:
A. On June 4, 2018, Dockside Green Energy LLP (DGE) and Corix Multi-Utility Services Inc. (Corix) filed with the British Columbia Utilities Commission (BCUC) an application for approval of the transfer of partnership interests in DGE to Vancity Capital Corporation (Vancity) and Dockside Green Limited Partnership (DGLP) and subsequent sale and disposition of utility assets of DGE to Corix (Application). The Application requests approval of the following transactions:
1. pursuant to Section 54 of the Utilities Commission Act (UCA), the transfer of all of the partnership interest of FortisBC Alternative Energy Services Inc. (FAES) in DGE to Vancity and all of the partnership interest of Corix Utilities Inc. (CUI) in DGE to DGLP;
2. pursuant to Section 52 of the UCA, the sale and disposition of the DGE assets to Corix; and
3. pursuant to Section 45 of the UCA, the transfer to Corix of the Certificate of Public Convenience and Necessity granted to DGE under BCUC Orders C-1-08 and C-3-08.
B. DGE is a limited liability partnership which is owned 66 percent by Vancity, 17 percent by CUI and 17 percent by FAES;
C. In the Application, FAES proposes to transfer all of its partnership interest in DGE to Vancity for a nominal fee and CUI proposes to transfer all of its partnership interest in DGE to DGLP for a nominal fee following which, and subject to BCUC approval, Vancity and DGLP will together own 100% of the partnership interests in DGE;
D. Following the transfer of all partnership interests in DGE to Vancity and DGLP, DGE proposes to sell and dispose of its assets to Corix;
E. By Orders C-1-08 and C-3-08 dated April 17, 2008 and June 30, 2008, the BCUC, pursuant to sections 45 and 46 of the UCA, granted DGE a Certificate of Public Convenience and Necessity to provide energy to customers in Dockside Green in Victoria, BC;
F. By Order G-122-18 dated July 10, 2018, the BCUC established a regulatory timetable for the review of the Application, which included a round of information requests, with further process to be determined;
G. On August 10, 2018, in accordance with the regulatory timetable established by Order G-122-18, Corix filed responses to the BCUC IR.1; and
H. The Panel has reviewed the IR. 1 responses and considers that a regulatory timetable to establish further process for the Application is warranted.
NOW THEREFORE the BCUC orders that a further regulatory timetable for the Application is established, as set out in Appendix A to this order.
DATED at the City of Vancouver, in the Province of British Columbia, this 17th day of August 2018.
BY ORDER
Original Signed by
K. A. Keilty
Commissioner
Attachment
Corix Multi-Utility Services Inc. (Corix) and Dockside Green Energy LLP (DGE)
Application for Approval of the Transfer of Partnership Interests in DGE to Vancity Capital Corporation and Dockside Green Limited Partnership and Subsequent Sale and Disposition of DGE Utility Assets to Corix
REGULATORY TIMETABLE
Action |
Date (2018) |
BCUC Information Request (IR) No. 2 to Corix and DGE |
Friday, August 17 |
Corix and DGE Responses to BCUC IR No. 2 |
Friday, August 24 |
Corix and DGE Written Final Argument |
Friday, August 24 |