[Federal Register Volume 63, Number 187 (Monday, September 28, 1998)]
[Notices]
[Page 51572]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25793]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. ER98-3813-000]
DukeSolutions, Inc.; Notice of Issuance of Order
September 22, 1998.
DukeSolutions, Inc. (DukeSolutions), a power marketer wholly owned
by Duke Energy Corporation, filed an application requesting that the
Commission authorize it to make wholesale sales of electric capacity
and energy at market-based rates, and for certain waivers and
authorizations. In particular, DukeSolutions requested that the
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liabilities by
DukeSolutions. On September 17, 1998, the Commission issued an Order
Accepting Filings And Granting Request For Market Based Rates (Order),
in the above-docketed proceeding.
The Commission's September 17, 1998 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (I), (J), and (L):
(I) 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
DukeSolutions should file a motion to intervene or protest with the
Federal Energy Regulatory Commission, 888 First 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.
(J) Absent a request to be heard within the period set forth in
Ordering Paragraph (I) above, DukeSolutions is hereby authorized to
issue securities and assume obligations and liabilities as guarantor,
indorser, 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 DukeSolutions, compatible with
the public interest, and reasonably necessary or appropriate for such
purposes.
(L) 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
DukeSolutions' 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 19, 1998.
Copies of the full text of the Order are available from the
Commission's Public Reference Branch, 888 First Street, NE.,
Washington, DC 20426.
David P. Boergers,
Secretary.
[FR Doc. 98-25793 Filed 9-25-98; 8:45 am]
BILLING CODE 6717-01-M
