[Federal Register Volume 59, Number 141 (Monday, July 25, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18018]
[[Page Unknown]]
[Federal Register: July 25, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1168-000]
Vesta Energy Alternatives Company; Notice of Issuance of Order
July 20, 1994.
On April 19, 1994 and June 1, 1994, Vesta Energy Alternatives
Company (Vesta) submitted for filing a rate schedule under which Vesta
will engage in wholesale electric power and energy transactions as a
marketer. Vesta also requested waiver of various Commission
regulations. In particular, Vesta requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liability by Vesta.
On July 8, 1994, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under 18 CFR 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 Vesta should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 825 North
Capitol 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, Vesta is
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 with 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 Vesta'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 August 8, 1994.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-18018 Filed 7-22-94; 8:45 am]
BILLING CODE 6717-01-P
