[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: 97-24687]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER97-3666-000]
GPU Advanced Resources, Inc; Notice of Issuance of Order
September 12, 1997.
GPU Advanced Resources, Inc. (Advanced Resources) filed an
application for authorization to sell power at market-based rates, and
for certain waivers and authorizations. In particular, Advanced
Resources requested that the Commission grant blanket approval under 18
CFR Part 34 of all future issuances of securities and assumptions of
liabilities by Advanced Resources. On September 4, 1997, the Commission
issued an Order Conditionally Accepting For Filing Proposed Market-
Based Rates (Order), in the above-docketed proceeding.
The Commission's September 4, 1997 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (D), (E), and (G):
(D) Within 30 days of the date of issuance of this order, any
person desiring to be heard or to protest the Commission's blanket
approval of issuances of securities or assumptions of liabilities by
Advanced Resources 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.
(E) Absent a request to be heard within the period set forth in
Ordering Paragraph (D) above, Advanced Resources is hereby 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 Advanced Resources,
compatible with the public interest, and reasonably necessary or
appropriate for such purposes.
(G) The Commission reserves the right to modify this order to
require a further showing that neither public nor private interests
will be adversely affected by continued Commission approval of Advanced
Resources' issuances of securities or assumptions of liabilities. * * *
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. 97-24687 Filed 9-16-97; 8:45 am]
BILLING CODE 6717-01-M
