[Federal Register Volume 62, Number 145 (Tuesday, July 29, 1997)]
[Notices]
[Page 40514]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-19874]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-2758-000]
Advantage Energy, Inc.; Notice of Issuance of Order
July 23, 1997.
Advantage Energy, Inc. (Advantage Energy) submitted for filing a
rate schedule under which Advantage Energy will engage in wholesale
electric power and energy transactions as a marketer. Advantage Energy
also requested waiver of various Commission regulations. In particular,
Advantage Energy that the Commission grant blanket approval under 18
CFR Part 34 of all future issuances of securities and assumptions of
liability by Advantage Energy.
On July 14, 1997, 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 Advantage Energy 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).
Absent a request for hearing within this period, Advantage Energy
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 Advantage Energy's issuances of securities or
assumptions of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protest, as set forth above, is August 13, 1997. 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.
Lois D. Cashell,
Secretary.
[FR Doc. 97-19874 Filed 7-28-97; 8:45 am]
BILLING CODE 6717-01-M
