[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)]
[Notices]
[Page 66620]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33160]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-4381-000]
Eastern Energy Marketing, Inc.; Notice of Issuance of Order
December 15, 1997.
Eastern Energy Marketing, Inc. (EEMI) submitted for filing a rate
schedule under which EEMI will engage in wholesale electric power and
energy transactions as a marketer. EEMI also requested waiver of
various Commission regulations. In particular, EEMI requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by EEMI.
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 30 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 EEMI 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, EEMI 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 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 EEMI'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. 97-33160 Filed 12-18-97; 8:45 am]
BILLING CODE 6717-01-M
