[Federal Register Volume 59, Number 149 (Thursday, August 4, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19018]
[[Page Unknown]]
[Federal Register: August 4, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1247-000]
NorAm Energy Services, Inc.; Issuance of Order
July 29, 1994.
On May 11, 1994 and June 10, 1994, NorAm Energy Services, Inc.
(NES) submitted for filing a rate schedule under which NES will engage
in wholesale electric power and energy transactions as a marketer. NES
also requested waiver of various Commission regulations. In particular,
NES requested that the Commission grant blanket approval under 18 CFR
part 34 of all future issuances of securities and assumptions of
liability by NES.
On July 25, 1994, 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 NES should file a motion to intervene or
protests 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, NES 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 interests, 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 NES's issuance 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 24, 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. 94-19018 Filed 8-3-94; 8:45 am]
BILLING CODE 6717-01-M
