[Federal Register Volume 61, Number 76 (Thursday, April 18, 1996)]
[Notices]
[Pages 16906-16907]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-9574]
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DEPARTMENT OF ENERGY
[Docket No. ER96-1122-000]
NFR Power, Inc.; Notice of Issuance of Order
April 15, 1996.
On February 21, 1996, NFR Power, Inc. (NFR) submitted for filing a
rate schedule under which NFR will engage in wholesale electric power
and energy transactions as a marketer. NFR also requested waiver of
various Commission regulations. In particular, NFR requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by NFR.
On April 2, 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 NFR 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).
Absent a request for hearing within this period, NFR is authorized
to issue securities and assume obligations or liabilities as a
guarantor, indorser,
[[Page 16907]]
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 NFR'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 May 2, 1996.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street NE., Washington,
DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-9574 Filed 4-17-96; 8:45 am]
BILLING CODE 6717-01-M
