[Federal Register Volume 60, Number 250 (Friday, December 29, 1995)]
[Notices]
[Pages 67351-67352]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31485]
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DEPARTMENT OF ENERGY
[Docket Nos. ER96-108-000, ER96-109-000, ER96-110-000, and ER95-760-
000]
Duke/Louis Dreyfus L.L.C., Duke Energy Marketing Corp., and Duke
Power Company; Notice of Issuance of Order
December 26, 1995.
Duke Power Company (Duke) has filed two proposed open access
[[Page 67352]]
transmission tariffs. Also, Duke and two of its power marketing
affiliates, Duke/Louis Dreyfus L.L.C. (Duke/Dreyfus) and Duke Energy
Marketing Corp. (Duke Energy), have filed applications for
authorization to sell power at market-based rates, and for certain
waivers and authorizations. In particular, Duke/Dreyfus and Duke Energy
have requested that the Commission grant blanket approval under 18 CFR
Part 34 of all future issuances of securities and assumptions of
liabilities by Duke/Louis Dreyfus and Duke Energy.
On December 14, 1995, the Commission issued an Order Accepting for
Filing and Suspending Transmission Tariffs, as Modified, Conditionally
Granting Requests for Market-Based Rates, and Establishing hearing
Procedures (Order) in the above-docketed proceeding.
The Commission's December 14, 1995, Order conditionally granted the
request for blanket approval under Part 34, subject to the conditions
found in Ordering Paragraphs (F) (2), (3) and (5):
(2) 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 Duke Energy
and Duke/Dreyfus should file a motion to intervene or protest with the
Federal Energy Regulatory Commission, 888 First Street, NE.,
Washington, DC 20426, in accordance with Rules 211 and 214 of the
Commission's Rules of Practice and Procedure, 18 CFR 385.211 and
385.214.
(3) Absent a request to be heard within the period set forth in
Ordering Paragraph (2) above, Duke/Dreyfus and Duke Energy are hereby
authorized to issue securities and to assume obligations or liabilities
as guarantor, endorser, 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 the applicant,
compatible with the public interest, and reasonably necessary or
appropriate for such purposes.
(5) 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 Duke
Energy's and Duke/Dreyfus' 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 January 16, 1996.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, NE.,
Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-31485 Filed 12-28-95; 8:45 am]
BILLING CODE 6717-01-M
