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Start Preamble
July 11, 2002.
PPL Shoreman Energy, LLC (Shoreham) and PPL Edgewood, LLC (Edgewood) submitted for filing rate schedules under which Shoreham and Edgewood will engage in the sale of wholesale electric energy, capacity and ancillary services at market-based rates. Shoreham and Edgewood also requested waiver of various Commission regulations. In particular, Shoreham and Edgewood requested that the Commission grant blanket approval under 18 CFR Part 34 of all future issuances of securities and assumptions of liability by Shoreham and Edgewood.
On June 28, 2002, pursuant to delegated authority, the Director, Office of Markets, Tariffs and Rates-East, granted requests for blanket approval under Part 34, subject to the following:
Any person desiring to be heard or to protest the blanket approval of issuances of securities or assumptions of liability by Shoreham or Edgewood should file a motion to intervene or protest with the Federal Energy Regulatory Commission, 888 First Start Printed Page 46968Street, 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 to be heard in opposition within this period, Shoreham and Edgewood are authorized to issue securities and assume obligations or liabilities as a guarantor, indorser, 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 Shoreham or Edgewood, 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 Shoreham's or Edgewood'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 July 29, 2002.
Copies of the full text of the Order are available from the Commission's Public Reference Branch, 888 First Street, NE., Washington, DC 20426. The Order may also be viewed on the Internet at http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for assistance). Comments, protests, and interventions may be filed electronically via the internet in lieu of paper. See, 18 CFR 385.2001(a)(1)(iii) and the instructions on the Commission's web site at http://www.ferc.fed.us/efi/doorbell.htm.
Start SignatureLinwood A. Watson, Jr.,
Deputy Secretary.
[FR Doc. 02-17966 Filed 7-16-02; 8:45 am]
BILLING CODE 6717-01-P
Document Information
- Published:
- 07/17/2002
- Department:
- Federal Energy Regulatory Commission
- Entry Type:
- Notice
- Document Number:
- 02-17966
- Pages:
- 46967-46968 (2 pages)
- Docket Numbers:
- Docket Nos. ER02-1747-000 and ER02-1749-000
- EOCitation:
- of 2002-07-11
- PDF File:
- 02-17966.pdf