[Federal Register Volume 63, Number 46 (Tuesday, March 10, 1998)]
[Notices]
[Page 11672]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-6048]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Dockets Nos. ER98-1278-000 and ER98-1279-000]
WKE Station Two Inc. and Western Kentucky Energy Corp.; Notice of
Issuance of Order
March 4, 1998.
WKE Station Two Inc. and Western Kentucky Energy Corp.
(collectively, Applicants), both affiliates of Louisville Gas and
Electric Company, filed applications for authorization to engage in the
wholesale power sales at market-based rates, and for certain waivers
and authorizations. In particular, the Applicants requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liabilities by the
Applicants. On February 25, 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 25, 1998 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 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 the Applicants
should file a motion to intervene or protest with the Federal Energy
Regulatory Commission, 888 First 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.
(D) Absent a request to be heard within the period set forth in
Ordering Paragraph (C) above, the Applicants are 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 the Applicants, 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 the
Applicants' 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 March 27, 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. 98-6048 Filed 3-9-98; 8:45 am]
BILLING CODE 6717-01-M
