Opinion for the court filed by Circuit Judge RANDOLPH.
RANDOLPH, Circuit Judge:
For many years Pacific Gas and Electric Company operated two hydro-electric projects in California under the authority of long-term federal licenses. As the terms neared completion, the Federal Energy Regulatory Commission began relicensing proceedings under section 15 of the Federal Power Act, 16 U.S.C. § 808. Pacific Gas applied for a new license on each project. In joint...
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