[Federal Register Volume 59, Number 127 (Tuesday, July 5, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16146]
[[Page Unknown]]
[Federal Register: July 5, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1061-000]
Rainbow Energy Marketing Corp.; Issuance of Order
June 27, 1994.
On March 18, 1994 and April 19, 1994, Rainbow Energy Marketing
Corporation (Rainbow) submitted for filing a rate schedule under which
Rainbow will engage in wholesale electric power and energy transactions
as a marketer. Rainbow also requested waiver of various Commission
regulations. In particular, Rainbow requested that the Commission grant
blanket approval under 18 CFR part 34 of all future issuances of
securities and assumptions of liability by Rainbow.
On June 10, 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 Rainbow 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, Rainbow is
authorized to issue securities and assume obligations or liabilities as
a guarantor, indorser, surety, or otherwise in respect of any security
or 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 or private interests will be adversely affected by
continued approval of Rainbow's issuances of securities or assumptions
of liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set for the above, is July 11, 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. 94-16146 Filed 7-1-94; 8:45 am]
BILLING CODE 6717-01-M
