[Federal Register Volume 59, Number 185 (Monday, September 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23778]
[[Page Unknown]]
[Federal Register: September 26, 1994]
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DEPARTMENT OF ENERGY
[Docket No. ER94-1538-000]
EDC Power Marketing, Inc.; Notice of Issuance of Order
September 20, 1994.
On August 5, 1994, EDC Power Marketing, Inc. (EDC) submitted for
filing a rate schedule under which EDC will engage in wholesale
electric power and energy transactions as a marketer. EDC also
requested waiver of various Commission regulations. In particular, EDC
requested that the Commission grant blanket approval under 18 CFR Part
34 of all future issuances of securities and assumptions of liability
by EDC.
On September 14, 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 EDC 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).
Absent a request for hearing within this period, EDC 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 EDC'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 14, 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 94-23778 Filed 9-23-94; 8:45 am]
BILLING CODE 6717-01-M
