[Federal Register Volume 59, Number 127 (Tuesday, July 5, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16146]


[[Page Unknown]]

[Federal Register: July 5, 1994]


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DEPARTMENT OF ENERGY
[Docket No. ER94-1061-000]

 

Rainbow Energy Marketing Corp.; Issuance of Order

June 27, 1994.
    On March 18, 1994 and April 19, 1994, Rainbow Energy Marketing 
Corporation (Rainbow) submitted for filing a rate schedule under which 
Rainbow will engage in wholesale electric power and energy transactions 
as a marketer. Rainbow also requested waiver of various Commission 
regulations. In particular, Rainbow requested that the Commission grant 
blanket approval under 18 CFR part 34 of all future issuances of 
securities and assumptions of liability by Rainbow.
    On June 10, 1994, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under 18 CFR 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 Rainbow 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, Rainbow is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, indorser, surety, or otherwise in respect of any security 
or 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 or private interests will be adversely affected by 
continued approval of Rainbow's issuances of securities or assumptions 
of liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set for the above, is July 11, 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. 94-16146 Filed 7-1-94; 8:45 am]
BILLING CODE 6717-01-M