Decision No. C01-965
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF COLORADO
DOCKET NO. 01A-374T
IN THE MATTER OF THE APPLICATION OF BRACKNELL CORPORATION AND
ADESTA OF COLORADO, INC. FOR APPROVAL OF A PRO FORMA INDIRECT
TRANSFER OF CONTROLLING INTEREST.
ORDER GRANTING APPLICATION
Mailed Date: September 25, 2001
Adopted Date: September 19, 2001
I. BY THE COMMISSION
A. Statement and Findings of Fact
1. On August 19, 2001, Bracknell Corporation
(“Bracknell”) and Adesta of Colorado, Inc. (“Adesta”), filed a
joint application seeking pro forma approval for the transfer of
control of Adesta resulting from an internal corporate
reorganization of the Bracknell companies pursuant to 4 Code of
Colorado Regulations 723-25. Adesta is a wholly-owned
subsidiary of Adesta Ventures, Inc., which is, in turn, a
wholly-owned subsidiary of Adesta Communications, Inc., which
is, in turn, a wholly-owned subsidiary of Bracknell Corp (USA),
Inc., which is, in turn, a wholly-owned subsidiary of Bracknell.
The application requests authority for Adesta’s direct parent
Adesta Ventures, Inc., to become a wholly-owned subsidiary of
of Bracknell Corporation (USA). The proposed transaction will
result in a change in the corporate structure and chain of
ownership of Adesta. The transaction will not result in a
change in Adesta’s direct or ultimate corporate ownership. At
this time, Adesta has no customers in Colorado.
2. In Commission Decision No. C00-1350, Adesta
received a Certificate of Public Convenience and Necessity to
provide local exchange telecommunications services, a
Certificate of Public Convenience and Necessity to provide
emerging telecommunications services, and a Letter of
Registration to provide non-optional operator services in the
State of Colorado.
3. Adesta has effective tariffs on file with the
4. On August 22, 2001, the Commission issued a
Notice of Application Filed, giving notice to all interested
parties. Interventions were due on or before September 11,
2001. None were filed.
1. The application is unopposed and may be
considered without a hearing. § 40-6-109(5), C.R.S.
2. The Commission finds that the proposed transfer
of control is not contrary to the public interest.
A. The Commission Orders That:
1. The application by Adesta of Colorado, Inc., is
2. The application to approve the transfer of
control to Adesta of Colorado, Inc., is granted.
3. This Order is effective on its Mailed Date.
B. ADOPTED IN COMMISSIONERS’ WEEKLY MEETING
September 19, 2001.
THE PUBLIC UTILITIES COMMISSION
OF THE STATE OF COLORADO