[Federal Register Volume 60, Number 165 (Friday, August 25, 1995)]
[Notices]
[Page 44328]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21132]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER95-1049-000]
Gateway Energy, Inc.; Notice of Issuance of Order
August 21, 1995.
On May 15, 1995, Gateway Energy, Inc. (Gateway) submitted for
filing a rate schedule under which Gateway will engage in wholesale
electric power and energy transactions as a marketer. Gateway also
requested waiver of various Commission regulations. In particular,
Gateway requested that the Commission grant blanket approval under 18
CFR Part 34 of all future issuances of securities and assumptions of
liability by Gateway.
On August 4, 1995, 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 Gateway should file a motion to
intervene or protest with the Federal Energy Regulatory Commission, 825
North Capitol Street, N.E., 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, Gateway 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 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 Gateway'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 September 5, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, N.E., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-21132 Filed 8-24-95; 8:45 am]
BILLING CODE 6717-01-M
