Carpinello, J.
Petitioner is the current owner of the Stuyvesant Falls Hydroelectric Project located in the Town of Stuyvesant, Columbia County. The project consists generally of a dam and an adjacent hydroelectric generating facility which spans the Kinderhook Creek and was originally constructed around 1900. In the early 1980s, the immediate prior owner had acquired a license to operate the project from the Federal Energy Regulatory Commission (hereinafter FERC...
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