[Federal Register Volume 62, Number 153 (Friday, August 8, 1997)]
[Notices]
[Page 42771]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-21009]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-3525-000]
California Power Services, L.L.C.; Notice Of Issuance Of Order
August 5, 1997.
California Power Services, L.L.C. (California Services) submitted
for filing a rate schedule under which California Services will engage
in wholesale electric power and energy transactions as a marketer.
California Services also requested waiver of various Commission
regulations. In particular, California Services requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by California
Services.
On August 1, 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 California Services 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, California
Services 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 California Services' 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 2, 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. 97-21009 Filed 8-7-97; 8:45 am]
BILLING CODE 6717-01-M
