The agreement document contains many of the same findings included in the draft environmental impact statement, dated September 2007, and continues to support the relicensing settlement agreement for the Yadkin project.
Alcoa Power Generating (APGI) officials expect the Federal Energy Regulatory Commission (FERC) to issue a new license within three to five months.
Since the new license will be issued after the current license expires on April 30, 2008, FERC will issue an annual license for the Yadkin project on or before that date. APGI will operate under the annual license until a new license takes effect.