[Federal Register Volume 60, Number 23 (Friday, February 3, 1995)]
[Notices]
[Page 6709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-2667]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1612-000]
Destec Power Services, Inc.; Issuance of Order
January 27, 1995.
On August 31, 1994, as amended November 23, 1994, Destec Power
Services, Inc. (Destec) submitted for filing a rate schedule under
which Destec will engage in wholesale electric power and energy
transactions as a marketer. Destec also requested waiver of various
Commission regulations. In particular, Destec requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by Destec.
On January 20, 1995, by direction of the Commission, the Secretary
of the Commission issued an order granting 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 Destec should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 825 North
Capitol 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).
Absent a request for hearing within this period, Destec is
authorized to issue securities and assume obligations or liabilities as
a guarantor, indorser, 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 Destec'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 February 21, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, NE., Washington, DC 20426.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 95-2667 Filed 2-2-95; 8:45 am]
BILLING CODE 6717-01-M
