[Federal Register Volume 63, Number 87 (Wednesday, May 6, 1998)]
[Notices]
[Pages 25025-25026]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-11953]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-2045-000]
Conectiv Energy Supply, Inc.; Notice of Issuance of Order
April 30, 1998.
Conectiv Energy Supply, Inc. (CES) filed an application for
authorization to engage in wholesale sales of electric capacity and/or
energy at market-based rates, and for certain waivers and
authorizations. In particular, CES requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liabilities by CES. On April 29, 1998,
the Commission issued an Order Conditionally Accepting For Filing
Proposed Tariff For Market-Based Power Sales And Reassignment Of
Transmission And Ancillary Service Rights (Order), in the above-
docketed proceeding.
The Commission's April 29, 1998 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (E), (F), and (H):
(E) Within 30 days of the date of this order, any person desiring
to be heard or to pretest the Commission's blanket approval of
issuances of securities or assumptions of liabilities by CES 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.
(F) Absent a request to be heard within the period set forth in
Ordering Paragraph (E) above, CES 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 CES, compatible with the public
interest, and reasonably necessary or appropriate for such purposes.
(H) 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 CES's
issuance 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 May 29, 1998.
[[Page 25026]]
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. 98-11953 Filed 5-5-98; 8:45 am]
BILLING CODE 6717-01-M
