[Federal Register Volume 62, Number 221 (Monday, November 17, 1997)]
[Notices]
[Page 61315]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-30112]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-4347-000]
Northeast Energy Services, Inc.; Notice of Issuance of Order
November 12, 1997.
Northeast Energy Services, Inc. (Northeast Energy) submitted for
filing a rate schedule under which Northeast Energy will engage in
wholesale electric power and energy transactions as a marketer.
Northeast Energy also requested waiver of various Commission
regulations. In particular, Northeast Energy requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by Northeast
Energy.
On October 24, 19976, pursuant to delegated authority, the
Director, Division of Rate 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 Northeast Energy 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).
Absent a request for hearing within this period, Northeast Energy
is authorized to issue securities and assume obligations or liabilities
as a guarantor, endorser, 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 interest, 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 Northeast Energy's issuance 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 November 24, 1997. Copies
of the full text of the order are available from the Commission's
Public Reference Branch, 888 First Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 97-30112 Filed 11-14-97; 8:45 am]
BILLING CODE 6717-01-M
