[Federal Register Volume 59, Number 197 (Thursday, October 13, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25263]
[[Page Unknown]]
[Federal Register: October 13, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1450-000]
Coastal Electric Services Co.; Issuance of Order
October 6, 1994.
On July 13, 1994 and August 15, 1994, Coastal Electric Services
Company (Coastal) submitted for filing a rate schedule under which
Coastal will engage in wholesale electric power and energy transactions
as a marketer. Coastal also requested waiver of various Commission
regulations. In particular, Coastal requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liability by Coastal.
On September 29, 1994, pursuant to delegated authority, the
Director, Division of Applications, Office of Electric Power
Regulation, granted requests for blanket approval under Part 34,
subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of issuances of securities
or assumptions of liability by Coastal should file a motion to
intervene or protest with the Federal Energy Regulatory Commission, 825
North Capitol Street, N.E., Washington, D.C. 20426, in accordance with
Rules 211 and 214 of the Commission's Rules of Practices and Procedure
(18 CFR 385.211 and 385.214).
Absent to request for hearing within this period, Coastal is
authorized to issue securities and assume obligations or liabilities as
a guarantor, indorser, surety, or otherwise in respect of any security
of another person; provided that such issuance or assumption is for
some lawful object within the corporate purposes of the applicant, and
compatible with the public interests, and is reasonably necessary or
appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of Coastal's issuances of securities or assumptions
of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is October 31, 1994.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-25263 Filed 10-12-94; 8:45 am]
BILLING CODE 6717-01-M
