ALJ/TOM/tcg Date of Issuance 6/16/2008

Decision 08-06-004 June 12, 2008

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Joint Application of IBFA Acquisition Company, LLC for Approval of Transfer of Ownership to Telava Acquisitions, Inc.

Application 08-02-012 (Filed February 14, 2008)

DECISION AUTHORIZING TRANSFER OF OWNERSHIP
AND CONTROL OF IBFA ACQUISITION COMPANY

Summary

This decision grants the application Telava Acquisitions, Inc. (Telava), IBFA Acquisition Company, LLC (IBFA), James Grabowski and Casimir Wojciechowski, members of IBFA (together, Applicants) for approval of a transaction in which Telava will acquire 100% of the ownership of IBFA, pursuant to Sections 852 and 854.¹

¹ All Code references are to the Public Utilities Code, unless otherwise stated.