[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)]
[Notices]
[Page 66621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33156]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-107-000]
Sithe Power Marketing, Inc.; Notice of Issuance of Order
December 15, 1997.
Sithe Power Marketing, Inc. (Sithe) submitted for filing a rate
schedule under which Sithe will engage in wholesale electric power and
energy transactions as a marketer. Sithe also requested waiver of
various Commission regulations. In particular, Sithe requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by Sithe.
On December 4, 1997, 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 Sithe 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).
Absent a request for hearing within this period, Sithe is
authorized to issue securities and assume obligations or liabilities as
a guarantor, indorser, 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 purpose 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 Sithe'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 January 5, 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.
Lois D. Cashell,
Secretary.
[FR Doc. 97-33156 Filed 12-18-97; 8:45 am]
BILLING CODE 6717-01-M
