[Federal Register Volume 63, Number 207 (Tuesday, October 27, 1998)]
[Notices]
[Page 57290]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28652]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-4381-000]
Energy Atlantic, LLC; Notice of Issuance of Order
October 21, 1998.
Energy Atlantic, LLC (Energy Atlantic), a wholly-owned subsidiary
of Maine Public Service Company, filed an application requesting that
the Commission authorize it to engage in the marketing and brokering of
energy and capacity at market-based rates, and for certain waivers and
authorizations. In particular, Energy Atlantic requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liabilities by Energy
Atlantic. On October 16, 1998, the Commission issued an Order Accepting
For Filing Proposed Market-Based Rates And Reassignment of Transmission
Capacity (Order), in the above-docketed proceeding.
The Commission's October 16, 1998 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 after the date of issuance 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
Energy Atlantic should file a motion to intervene or protest with the
Federal Energy Regulatory Commission, 888 First 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.
(D) Absent a request to be heard within the period set forth in
Ordering Paragraph (C) above, Energy Atlantic 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 Energy Atlantic, 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 Energy
Atlantic'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 November 16, 1998.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, NE, Washington,
DC 20426.
David P. Boergers,
Secretary.
[FR Doc. 98-28652 Filed 10-26-98; 8:45 am]
BILLING CODE 6717-01-M
