[Federal Register Volume 63, Number 91 (Tuesday, May 12, 1998)]
[Notices]
[Page 26168]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12487]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-2075-000]
CSW Energy Services, Inc.; Notice of Issuance of Order
May 6, 1998.
CSW Energy Services, Inc. (ESI), a power marketer, is wholly-owned
by Central & Southwest Corporation, which owns public utilities engaged
in the generation, transmission, distribution and sale of electric
power at wholesale and retail. ESI filed an application for
authorization to engage in wholesale power sales at market-based rates,
and for certain waivers and authorizations. In particular, ESI
requested that the Commission grant blanket approval under 18 CFR Part
34 of all future issuances of securities and assumptions of liabilities
by ESI. On May 1, 1998, the Commission issued an Order Conditionally
Accepting For Filing Proposed Tariff For Market Based Power Sales And
Reassignment of Transmission Capacity And Directing Filing Of Revised
Codes Of Conduct (Order), in the above-docketed proceeding.
The Commission's May 1, 1998 Order granted the request for blanket
approval under Part 34, subject to the conditions found in Ordering
Paragraphs (G), (H), and (J):
(G) 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 ESI 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.
(H) Absent a request to be heard within the period set forth in
Ordering Paragraph (G) above, ESI 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 ESI, compatible with the public
interest, and reasonably necessary or appropriate for such purposes.
(J) 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 ESI's
issuances of securities or assumptions of liabilities* * *.
Notice is hereby given that the deadline for filing motions to
intervene or protest, as set forth above, is June 1, 1998.
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.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-12487 Filed 5-11-98; 8:45 am]
BILLING CODE 6717-01-M
