[Federal Register Volume 60, Number 167 (Tuesday, August 29, 1995)]
[Notices]
[Pages 44863-44864]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21363]
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DEPARTMENT OF ENERGY
Sonat Power Marketing Inc.; Notice of Issuance of Order
[Docket No. ER95-1050-000]
August 24, 1995.
On May 16, 1995, as amended June 13, 1995, Sonat Power Marketing
Inc. (SPM) submitted for filing a rate schedule under which SPM will
engage in wholesale electric power and energy transactions as a
marketer. SPM also requested waiver of various Commission regulations.
In particular, SPM requested that the Commission grant blanket approval
under 18 CFR Part 34 of all future issuances of securities and
assumptions of liability by SPM.
On August 18, 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 SPM 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, SPM 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 SPM's issuances of securities or assumptions of
liability.
Notice is hereby given that the deadline for filing motions to
intervene
[[Page 44864]]
or protests, as set forth above, is September 18, 1995.
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. 95-21363 Filed 8-28-95; 8:45 am]
BILLING CODE 6717-01-M
