[Federal Register Volume 62, Number 250 (Wednesday, December 31, 1997)]
[Notices]
[Page 68283]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-34116]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-445-000]
Northern/AES Energy LLC; Notice of Issuance of Order
December 23, 1997.
Northern/AES Energy LLC (Northern/AES) filed an application to
engage in the wholesale sale of electric capacity and energy at market-
based rates, and for certain waivers and authorizations. In particular,
Northern/AES requested that the Commission grant blanket approval under
18 CFR Part 34 of all future issuances of securities and assumptions of
liabilities by Northern/AES. On December 23, 1997, the Commission
issued an Order Conditionally Accepting For filing Proposed Market-
Based Rates (Order), in the above-docketed proceeding.
The Commission's December 23, 1997 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (C), (D), and (F):
(c) Within 30 days of the date of issuance 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
Northern/AES 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.
(D) Absent a request to be heard within the period set forth in
Ordering Paragraph (C) above, Northern/AES is hereby authorized to
issue securities and assume obligations and liabilities as guarantor,
indorser, 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 Northern/AES, compatible with
the public interest, and reasonably necessary or appropriate for such
purposes.
(F) 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
Northern/AES's 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 22, 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 97-34116 Filed 12-30-97; 8:45 am]
BILLING CODE 6717-01-M
