[Federal Register Volume 63, Number 225 (Monday, November 23, 1998)]
[Notices]
[Page 64686]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31115]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket Nos. ER98-3511-000, ER98-3562-000, ER98-3563-000, ER98-3564-
000, ER98-3565-000, and ER98-3566-000]
FPL Energy Maine Hydro, Inc.; FPL Energy Mason, LLC; FPL Energy
Wyman, LLC; FPL Energy Wyman IV, LLC; FPL Energy AVEC, LLC; FPL Energy
Power Marketing, Inc; Notice of Issuance of Order
November 17, 1998.
FPL Energy Maine Hydro, Inc., FPL Energy Mason, LLC, FPL Energy
Wyman, LLC, FPL Energy Wyman IV, LLC, FPL Energy AVEC, LLC,
(collectively Affiliates), and FPL Energy Power Marketing, Inc.
(collectively with Affiliates, Applicants) \1\ filed proposed rate
schedules seeking approval to make sales of power at market-based
rates, and for certain waivers and authorizations. In particular,
Applicants requested that the Commission grant blanket approval under
18 CFR Part 34 of all future issuances of securities and assumptions of
liabilities by Applicants. On November 12, 1998, the Commission issued
an Order Accepting For Filing Proposed Market-Based Rates (Order), in
the above-docketed proceedings.
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\1\ Applicants are wholly-owned subsidiaries of FPL Energy
Maine, Inc. and are affiliated with Florida Power & Light Company.
FPL Energy Maine was formed on January 5, 1998 to acquire certain of
the generating assets being sold by Central Maine Power Company, the
Union Water-Power Company, Cumberland Securities Corporation, and
Central Securities Corporation as part of a divestiture plan.
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The Commission's November 12, 1998 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 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, Applicants are 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 Applicants, 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
Applicants'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 December 14, 1998.
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.
David P. Boergers,
Secretary.
[FR Doc. 98-31115 Filed 11-20-98; 8:45 am]
BILLING CODE 6717-01-M
