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ARTICLE · 24 JULY 2018

PJM Adds New Notification Requirements For Certain "Change-In-Ownership Transactions"

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Effective June 1, 2018, PJM Interconnection, L.L.C. implemented new notification requirements for certain transfers of interests in generation facilities in PJM (collectively, "Change-in-ownership Transactions").

United StatesEnergy and Natural Resources
George (Chip) Cannon Jr.
George (Chip) Cannon Jr.
Scott Johnson
Scott Johnson
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Effective June 1, 2018, PJM Interconnection, L.L.C. implemented new notification requirements for certain transfers of interests in generation facilities in PJM (collectively, "Change-in-ownership Transactions").1 PJM also added notification requirements for Generation Owner or Interconnection Customer name or contact information changes and transfers of certain rights and obligations of PJM Members pertaining to generation facilities in PJM.2 This summary focuses on the requirements for direct or indirect changes in ownership of generation facilities in PJM, but owners of interests or investors in such facilities should become familiar with all of the new requirements and consider adding them, as applicable, to their legal/regulatory compliance plans and transaction closing checklists.

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