96-27577. AYP Energy, Inc.; Notice of Issuance of Order  

  • [Federal Register Volume 61, Number 209 (Monday, October 28, 1996)]
    [Notices]
    [Page 55622]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-27577]
    
    
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    DEPARTMENT OF ENERGY
    Federal Energy Regulatory Commission
    [Docket No. ER96-2673-000]
    
    
    AYP Energy, Inc.; Notice of Issuance of Order
    
    October 23, 1996.
        AYP Energy, Inc. (AYP) filed an application for authorization to 
    sell power at market-based rates, and for certain waivers and 
    authorizations. In particular, AYP requested that the Commission grant 
    blanket approval under 18 CFR Part 34 of all future issuances of 
    securities and assumptions of liabilities by AYP. On October 8, 1996, 
    the Commission issued an Order Conditionally Accepting For Filing 
    Proposed Market-Based Rates (Order), in the above-docketed proceeding.
        The Commission's October 8, 1996 Order granted the request for 
    blanket approval under Part 34, subject to the conditions found in 
    Ordering Paragraphs (E), (F), and (H):
        (E) 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 AYP 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.
        (F) Absent a request to be heard within the period set forth in 
    Ordering Paragraph (E) above, AYP is hereby authorized, pursuant to 
    Section 204 of the FPA, to issue securities and assume obligations and 
    liabilities as guarantor, endorser, 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 AYP, 
    compatible with the public interest, and reasonably necessary or 
    appropriate for such purposes.
        (H) 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 AYP'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 7, 1996.
        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.
    Lois D. Cashell,
    Secretary.
    [FR Doc. 96-27577 Filed 10-25-96; 8:45 am]
    BILLING CODE 6717-01-M
    
    
    

Document Information

Published:
10/28/1996
Department:
Federal Energy Regulatory Commission
Entry Type:
Notice
Document Number:
96-27577
Pages:
55622-55622 (1 pages)
Docket Numbers:
Docket No. ER96-2673-000
PDF File:
96-27577.pdf