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NoticeOpen for Comment2026-111372026-06-04

Arizona Public Service Company; Palo Verde Nuclear Generating Station, Units 1, 2, and 3; Consideration of Approval of Transfer of Licenses

Nuclear Regulatory Commission

Abstract

The U.S. Nuclear Regulatory Commission (NRC, the Commission) received and is considering approval of an application filed by Arizona Public Service Company (APS), on behalf of Public Service Company of New Mexico (PNM), Troy ParentCo LLC (Troy ParentCo), and their corporate affiliates (together, Applicants), on April 24, 2026. The application seeks NRC approval of the indirect transfer of PNM's co- ownership of the Renewed Facility Operating License Nos. NPF-41, NPF- 51, and NPF-74 for the Palo Verde Nuclear Generating Station (Palo Verde), Units 1, 2, and 3, respectively, as well as the associated general license for the Palo Verde Independent Spent Fuel Storage Installation (ISFSI) (together, the facility). The transfer is being requested so that PNM can complete a transaction pursuant to an Agreement and Plan of Merger, dated May 18, 2025, between Troy ParentCo, Troy Merger Sub Inc., and TXNM Energy, Inc. ("TXNM") (the "Merger Agreement").

Action & Dates

Action
Application for indirect transfer of licenses; opportunity to comment, request a hearing, and petition for leave to intervene.
Dates
Submit comments July 6, 2026. A request for a hearing or petition for leave to intervene must be filed by June 24, 2026.

Public Comment

Comments Close
2026-07-06 — Open for comment

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Nuclear Regulatory Commission [Docket Nos. STN 50-528, STN 50-529, STN-530, and 72-44; NRC-2026-2575] AGENCY: Nuclear Regulatory Commission. ACTION: Application for indirect transfer of licenses; opportunity to comment, request a hearing, and petition for leave to intervene. SUMMARY: The U.S. Nuclear Regulatory Commission (NRC, the Commission) received and is considering approval of an application filed by Arizona Public Service Company (APS), on behalf of Public Service Company of New Mexico (PNM), Troy ParentCo LLC (Troy ParentCo), and their corporate affiliates (together, Applicants), on April 24, 2026. The application seeks NRC approval of the indirect transfer of PNM's co-ownership of the Renewed Facility Operating License Nos. NPF-41, NPF-51, and NPF-74 for the Palo Verde Nuclear Generating Station (Palo Verde), Units 1, 2, and 3, respectively, as well as the associated general license for the Palo Verde Independent Spent Fuel Storage Installation (ISFSI) (together, the facility). The transfer is being requested so that PNM can complete a transaction pursuant to an Agreement and Plan of Merger, dated May 18, 2025, between Troy ParentCo, Troy Merger Sub Inc., and TXNM Energy, Inc. (“TXNM”) (the “Merger Agreement”). DATES: Submit comments July 6, 2026. A request for a hearing or petition for leave to intervene must be filed by June 24, 2026. ADDRESSES: You may submit comments by any of the following methods; however, the NRC encourages electronic c

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Full Document

Citation: 91 FR 33772