[Federal Register Volume 60, Number 199 (Monday, October 16, 1995)]
[Notices]
[Page 53607]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-25544]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER95-1444-000; Docket No. ER95-1465-000]
IES Utilities, Inc., Industrial Energy Applications, Inc.; Notice
of Issuance of Order
October 10, 1995.
On August 1, 1995, Industrial Energy Applications, Inc. (Industrial
Energy), a power marketing affiliate of IES Utilities, Inc.\1\ filed an
application in Docket No. ER95-1465-000, requesting Commission approval
to sell electricity at market-based rates, and requesting various
waivers and authorizations. Under Industrial Energy's proposed rate
schedule for its marketing activities, it would sell both capacity and
energy to prospective purchasers at such market-based rates as may be
agreed upon by the parties.
\1\ Industrial Energy is a wholly-owned subsidiary of IES
Industries, Inc.
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In particular, Industrial Energy requested that the Commission
grant blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liabilities by Industrial Energy. On
September 28, 1995, the Commission issued an Order Denying Motions to
Reject and for Investigation and Technical Conference, Accepting for
Filing Proposed Transmission Tariffs, Accepting for Filing Market-Based
Rate Schedule, and Granting Requests for Waivers and Authorizations
(Order), in the above-docketed proceedings.
The Commission's September 28, 1995 Order granting the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (I), (J), and (L):
(I) 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 Industrial
Energy should file a motion to intervene or protest with the Federal
Energy Regulatory Commission, 825 North Capitol Street NE., Washington,
DC 20426, in accordance with Rules 211 and 214 of the Commission's
Rules of Practice and Procedure, 18 CFR 385.211 and 385.214.
(J) Absent a request to be heard within the period set forth in
Ordering Paragraph (I) above, Industrial Energy is hereby authorized,
pursuant to section 204 of the Federal Power Act, to issue securities
and assume obligations and liabilities as guarantor, executor,
security, or otherwise in respect to any security of another person;
provided that such issue or assumption is for some lawful object within
the corporate purposes of Industrial Energy, compatible with the public
interest, and reasonably necessary or appropriate for such purposes.
(L) 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
Industrial Energy'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 October 30, 1995.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-25544 Filed 10-13-95; 8:45 am]
BILLING CODE 6717-01-M
