[Federal Register Volume 61, Number 234 (Wednesday, December 4, 1996)]
[Notices]
[Page 64347]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30828]
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DEPARTMENT OF ENERGY
[Docket No. ER96-3107-000]
Strategic Energy Ltd.; Notice of Issuance of Order
November 27, 1996.
Strategic Energy Ltd. (Strategic Energy) submitted for filing a
rate schedule under which Strategic Energy will engage in wholesale
electric power and energy transactions as a marketer. Strategic Energy
also requested waiver of various Commission regulations. In particular,
Strategic Energy requested that the Commission grant blanket approval
under 18 CFR Part 34 of all future issuances of securities and
assumptions of liability by Strategic Energy.
On November 13, 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 Strategic Energy 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, Strategic Energy
is authorized to issue securities and assume obligations or 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 Strategic Energy'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 December 13, 1996.
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. 96-30828 Filed 12-3-96; 8:45 am]
BILLING CODE 6717-01-M