[Federal Register Volume 59, Number 215 (Tuesday, November 8, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-27578]
[[Page Unknown]]
[Federal Register: November 8, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1578-000]
American Power Exchange, Inc.; Notice of Issuance of Order
November 2, 1994.
On August 22, 1994 and September 9, 1994, American Power Exchange
Inc. (APEX) submitted for filing a rate schedule under which APEX will
engage in wholesale electric power and energy transactions as a
marketer. APEX also requested waiver of various Commission regulations.
In particular, APEX requested that the Commission grant blanket
approval under 18 CFR Part 34 of all future issuances of securities and
assumptions of liability by APEX.
On October 19, 1994, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulations, 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 APEX should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 825 North
Capitol 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).
Absent a request for hearing within this period, APEX 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 interests, 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 APEX's issuances 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 18, 1994.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-27578 Filed 11-7-94; 8:45 am]
BILLING CODE 6717-01-M
