[Federal Register Volume 60, Number 93 (Monday, May 15, 1995)]
[Notices]
[Pages 25897-25898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-11863]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
[Docket No. ER95-378-000]
Westcoast Power Marketing Inc., Notice of Issuance of Order
May 10, 1995.
On January 3, and February 21, 1995, Westcoast Power Marketing Inc.
(Westcoast Power) submitted for filing a rate schedule under which
Westcoast Power will engage in wholesale electric power and energy
transactions as a marketer. Westcoast Power also requested waiver of
various Commission regulations. In particular, Westcoast Power
requested that the Commission grant blanket approval under 18 CFR Part
34 of all future issuances of securities and assumptions of liability
by Westcoast Power.
On April 20, 1995, 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 Westcoast Power should file a motion to
intervene or protest with the Federal Energy Regulatory Commission, 825
North Capitol Street, N.E., Washington, D.C. 20426, in accordance with
Rules 211 and 214 of the Commission's Rules of Practice and
[[Page 25898]] Procedure (18 CFR 385.211 and 385.214).
Absent a request for hearing within this period, Westcoast Power is
authorized to issue securities and assume obligations or liabilities as
a guarantor, endorser, 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 Westcoast Power'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 22, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-11863 Filed 5-12-95; 8:45 am]
BILLING CODE 6717-01-M
