[Federal Register Volume 62, Number 209 (Wednesday, October 29, 1997)]
[Notices]
[Page 56156]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-28675]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-4166-000]
Southern Company Energy Marketing, L.P.; Notice of Issuance of
Order
October 24, 1997.
Southern Company Energy Marketing, L.P. (SCEM), a company
indirectly owned by Atlantic Richfield Company and the The Southern
Company, filed an application for authorization to sell electric energy
and capacity at market-based rates, and for certain waivers and
authorizations. In particular, SCEM requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liabilities by SCEM. On October 10, 1997,
the Commission issued an order Accepting Proposed Market-Based Rates
for Filing (Order), in the above-docketed proceeding.
The Commission's October 10, 1997 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (D), (E), and (G):
(D) Within 30 days of the date of issuance of this order, any
person desiring to be heard or to protest the Commission's blanket
approval of issuance of securities or assumptions of liabilities by
SCEM 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.
(E) Absent a request to be heard within the period set forth in
Ordering Paragraph (D) above, SCEM is hereby authorized, pursuant to
section 204 of the FPA to issue securities and assume obligations of
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 SCEM
compatible with the public interest, and reasonably necessary or
appropriate for such purposes.
(G) 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 approved of SCEM's
issuance 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 10, 1997.
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. 97-28675 Filed 10-28-97; 8:45 am]
BILLING CODE 6717-01-M
