[Federal Register Volume 59, Number 197 (Thursday, October 13, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-25263]


[[Page Unknown]]

[Federal Register: October 13, 1994]


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DEPARTMENT OF ENERGY
[Docket No. ER94-1450-000]

 

Coastal Electric Services Co.; Issuance of Order

October 6, 1994.
    On July 13, 1994 and August 15, 1994, Coastal Electric Services 
Company (Coastal) submitted for filing a rate schedule under which 
Coastal will engage in wholesale electric power and energy transactions 
as a marketer. Coastal also requested waiver of various Commission 
regulations. In particular, Coastal requested that the Commission grant 
blanket approval under 18 CFR Part 34 of all future issuances of 
securities and assumptions of liability by Coastal.
    On September 29, 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 Coastal should file a motion to 
intervene or protest with the Federal Energy Regulatory Commission, 825 
North Capitol Street, N.E., Washington, D.C. 20426, in accordance with 
Rules 211 and 214 of the Commission's Rules of Practices and Procedure 
(18 CFR 385.211 and 385.214).
    Absent to request for hearing within this period, Coastal is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, indorser, 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 interests, 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 Coastal'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 31, 1994.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, Room 3308, 941 North Capitol 
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-25263 Filed 10-12-94; 8:45 am]
BILLING CODE 6717-01-M