W. EUGENE DAVIS, Circuit Judge:
The Louisiana Public Service Commission appeals the denial of its motion to intervene under Fed.R.Civ.Pro. 24. We affirm.
I.
Cajun Electric Power Cooperative, Inc. (Cajun), a nonprofit rural electric cooperative, and Gulf States Utilities Company (Gulf), a publicly owned electric utility, entered a Joint Operating Agreement (Agreement) in 1979. Under the Agreement, Cajun agreed to contribute thirty percent of the construction...
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