[Federal Register Volume 59, Number 169 (Thursday, September 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-21684]
[[Page Unknown]]
[Federal Register: September 1, 1994]
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DEPARTMENT OF ENERGY
[Docket Nos. ER94-6-000 and EL94-1-000]
InterCoast Power Marketing Co.; Issuance of Order
August 26, 1994.
On October 5, 1993, as completed on June 22, 1994, InterCoast Power
Marketing Company (InterCoast) submitted for filing a proposed rate
schedule for sales of energy and capacity as a marketer at market-based
rates. InterCoast's application contains a request for certain blanket
approvals consistent with the Commission's treatment of other power
marketers. In particular, InterCoast requested that the Commission
grant blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liability by InterCoast. On August 19,
1994, the Commission issued an Order Conditionally Accepting Market-
Based Rate Schedule For Filing As Modified, And Granting And Denying
Waivers And Authorizations (Order), in the above-docketed proceedings.
The Commission's August 19, 1994 Order granted the request for
blanket approval under Part 34, subject to the following conditions
found in Ordering Paragraphs (E), (F), and (G):
(E) WIthin 30 days of the date of the order, any person desiring to
be heard or to protest the Commission's blanket approval of issuances
of securities or assumptions of liabilities by InterCoast 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.
(F) Subject to Ordering Paragraph (A) and absent a request to be
heard within the period set forth in Ordering Paragraph (E) above,
InterCoast is authorized to issue securities and to assume obligations
or liabilities as guarantor, endorser, surety, or otherwise in respect
of any security of another person; provided that such issue or
assumption is for some lawful object within the corporate purposes of
InterCoast, compatible with the public interest, and reasonably
necessary or appropriate for such purposes.
(G) The Commission reserves the right to modify this order and to
require a further showing that neither public nor private interests
will be adversely affected by continued Commission approval of
InterCoast's issuance of securities or assumption of liabilities.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is September 19, 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. 94-21684 Filed 8-31-94; 8:45 am]
BILLING CODE 6717-01-M
