[Federal Register Volume 61, Number 251 (Monday, December 30, 1996)]
[Notices]
[Pages 68731-68732]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-33188]
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DEPARTMENT OF ENERGY
[Docket No. ER97-360-000]
American Energy Solutions, Inc.; Notice of Issuance of Order
December 24, 1996.
American Energy Solutions, Inc. (AESI) submitted for filing a rate
schedule under which AESI will engage in wholesale electric power and
energy transactions as a marketer. AESI also requested waiver of
various Commission regulations. In particular, AESI requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by AESI.
On December 5, 1996, pursuant to delegated authority, the Director,
Division of 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 AESI 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, AESI is authorized
to issue securities and assume obligations or
[[Page 68732]]
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 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 AESI'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 6, 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. 96-33188 Filed 12-27-96; 8:45 am]
BILLING CODE 6717-01-M
