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ALJ/KJB/jyc Date of Issuance 11/24/2008
Decision 08-11-047 November 21, 2008
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In the Matter of the Application of Crimson California Pipeline L.P., pursuant to Section 851 of the Public Utilities Code, for Authority to Encumber Certain Public Utility Pipeline Assets. |
Application 08-09-005 (Filed September 8, 2008) |
DECISION GRANTING APPLICATION OF CRIMSON
CALIFORNIA PIPELINE, LP
Crimson California Pipeline, LP seeks authority to encumber certain of its public utility assets in order to secure further advances under an existing revolving credit facility with the Bank of Oklahoma previously approved by the Commission in Decision 06-05-004. We grant the requested authority subject to the terms and conditions herein.