[Federal Register Volume 64, Number 8 (Wednesday, January 13, 1999)]
[Notices]
[Page 2204]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-707]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER99-564-000]
AES NY, L.L.C.; Notice of Issuance of Order
January 7, 1999.
AES NY, L.L.C. (AES NY), a special purpose subsidiary of The AES
Corporation, filed an application requesting that the Commission
authorize it to engage in wholesale power sales at market-based rates,
and for certain waivers and authorizations. In particular, AES NY
requested that the Commission grant blanket approval under 18 CFR Part
34 of all future issuances of securities and assumptions of liabilities
by AES NY. On January 5, 1999, the Commission issued an Order Accepting
For Filing Proposed Market-Based Rates (Order), in the above-docketed
proceeding.
The Commission's January 5, 1999 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (C), (D), and (F):
(C) Within 30 days of the date of this order, any person desiring
to be heard or to protest the Commission's blanket approval of
issuances of securities or assumptions of liabilities by AES NY should
file a motion to intervene or protest with the Federal Energy
Regulatory Commission, 888 First Street, N.E., Washington, D.C. 20426,
in accordance with Rules 211 and 214 of the Commission's Rules of
Practice and Procedure, 18 CFR 385.211 and 385.214.
(D) Absent a request to be heard within the period set forth in
Ordering Paragraph (C) above, AES NY is hereby authorized to issue
securities and assume obligations and liabilities as guarantor,
indorser, surety or otherwise in respect of any security of another
person; provided that such issue or assumption is for some lawful
object within the corporate purposes of AES NY, compatible with the
public interest, and reasonably necessary or appropriate for such
purposes.
(F) The Commission reserves the right to modify this order to
require a further showing that neither public nor private interests
will be adversely affected by continued Commission approval of AES NY's
issuances of securities or assumptions of liabilities. * * *
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is February 1999.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, N.E.,
Washington, D.C. 20426.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 99-707 Filed 1-12-99; 8:45 am]
BILLING CODE 6717-01-M
