[Federal Register Volume 62, Number 214 (Wednesday, November 5, 1997)]
[Notices]
[Pages 59856-59857]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29256]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-4335-000]
GEN-SYS Energy; Notice of Issuance of Order
October 31, 1997.
GEN-SYS Energy (GEN-SYS) filed an application for authorization to
engage in the wholesale sale of electric capacity and energy at market-
based rates, and for certain waivers and authorizations. In particular,
GEN-SYS requested that the Commission grant blanket approval under 18
CFR Part 34 of all future issuances of securities and assumptions of
liabilities by GEN-SYS. On October 17, 1997, the Commission issued an
Order Conditionally Accepting for Filing Proposed Market-Based Rates
(Order), in the above-docketed proceeding.
The Commission's October 17, 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 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 GEN-SYS 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, GEN-SYS is hereby authorized to issue
securities and to assume obligations or liabilities as guarantor,
indorser, surety or otherwise in respect to any security of another
person; provided that such issue or assumption is for some lawful
object within the corporate purposes of GEN-SYS, 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 interest will
be adversely affected by continued Commission approval of
[[Page 59857]]
GEN-SYS' 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 17, 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. 97-29256 Filed 11-4-97; 8:45 am]
BILLING CODE 6717-01-M
