[Federal Register Volume 62, Number 180 (Wednesday, September 17, 1997)]
[Notices]
[Page 48829]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-24617]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-3815-000]
Friendly Power Company LLC; Notice of Issuance of Order
September 11, 1997.
Friendly Power Company LLC (Friendly) submitted for filing a rate
schedule under which Friendly will engage in wholesale electric power
and energy transactions as a marketer. Friendly also requested waiver
of various Commission regulations. In particular, Friendly requested
that the Commission grant blanket approval under 18 CFR Part 34 of all
future issuances of securities and assumptions of liability by
Friendly.
On September 4, 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 protests the blanket approval of issuance of securities
or assumptions of liability by Friendly 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, Friendly 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 of
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 Friendly'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 October 6, 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. 97-24617 Filed 9-16-97; 8:45 am]
BILLING CODE 6717-01-M
