[Federal Register Volume 63, Number 36 (Tuesday, February 24, 1998)]
[Notices]
[Page 9219]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4597]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-1127-000]
El Segundo Power, LLC; Notice of Issuance of Order
February 18, 1998.
El Segundo Power, LLC (El Segundo) filed an application for
authorization to sell power at market-based rates, and for certain
waivers and authorizations. In particular, El Segundo requested that
the Commission grant blanket approval under 18 CFR Part 34 of all
future issuances of securities and assumptions of liabilities by El
Segundo. On February 12, 1998, the Commission issued an Order Accepting
For Filing Proposed Tariff For Market-Based Power Sales And
Reassignment Of Transmission Capacity And Granting Waiver Of Notice
(Order), in the above-docketed proceeding.
The Commission's February 12, 1998 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (D), (E), and (G):
(D) Within 30 days after 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 El
Segundo 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.
(E) Absent a request to be heard within the period set forth in
Ordering Paragraph (D) above, El Segundo 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 El Segundo, compatible with the
public interest, and reasonably necessary or appropriate for such
purposes.
(G) 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 El
Segundo's issuance 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 March 16, 1998.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, NE.,
Washington, DC 20426.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-4597 Filed 2-23-98; 8:45 am]
BILLING CODE 6717-01-M
