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Amendment No. 1 required both the Southern companies and FPL to
establish two additional interconnections (500-kV transmission
lines) with specific reference to the point of origin and
destination. Both the Southern companies and FPL were also
required to provide, install, operate, and maintain such
associated terminal and other facilities as may be necessary to
permit effective use of such interconnection. Each of the
transmission lines required under amendment No. 1 was completed
by December 31, 1982.
On July 23, 1981, FPL and the Southern companies entered
into amendment No. 2 to the interchange contract. This amendment
accelerated the effective date listed in amendment No. 1 to the
interchange contract (December 31, 1982) to a date before August
1, 1982.
On February 18, 1982, the Southern companies and FPL entered
into an amended and restated unit power sales agreement (amended
power agreement). Under the amended power agreement, the
Southern companies agreed to sell more power to FPL, and FPL
agreed to acquire more power from the Southern companies. The
amended power agreement recognized that FPL would construct
certain internal transmission lines to allow FPL to increase its
purchases of unit power capacity during the contract period,
which began on January 1, 1985. The contemplated facilities
were: (i) A 500-kV transmission line from its Duval substation
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