[Federal Register Volume 60, Number 44 (Tuesday, March 7, 1995)]
[Notices]
[Page 12550]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5468]
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DEPARTMENT OF ENERGY
[Docket No. ES95-23-000]
MidAmerican Energy Company
March 1, 1995.
Take notice that on February 23, 1995, MidAmerican Energy Company
(MidAmerican), filed an application under Sec. 204 of the Federal Power
Act seeking authorization to issue securities and assume obligation and
liabilities in connection with the proposed merger of Iowa-Illinois Gas
and Electric Company (Kowa-Illinois), Midwest Resources Inc. (Midwest
Resources) and Midwest Power Systems Inc. (Midwest Power) with and into
MidAmerican.
MidAmerican proposes;
To issue up to 103,784,200 shares of its common stock for
the conversion of Midwest Resources common stock and Iowa-Illinois
common stock to MidAmerican common stock;
To issue up to an additional 6,000,000 shares of its
common stock for MidAmerican's dividend reinvestment plan;
To issue up to 3,217,789 shares of its preferred stock for
the conversion of Iowa-Illinois preference stock and Midwest Power
preferred stock to MidAmerican preferred stock;
To assume all obligations and liabilities with respect to
the existing securities of Iowa-Illinois, Midwest Resources and Midwest
Power;
To assume the outstanding short-term debt limit of $250
million previously granted by the Commission to Midwest Power in Docket
No. ES93-35-000 and the new authorization sought by Midwest Power in
its application filed with the Commission on February 23, 1995, in
Docket No. ES95-22-000 for authorization to issue up to $250 million of
promissory notes, pending the Commission's approval; and
To assume the outstanding short-term debt limit of $150
million sought by Iowa-Illinois in Docket No. ES95-20-000 pending the
Commission's approval.
MidAmerican requests that the proposed issuance of securities and
assumption of obligations and liabilities be exempted from the
Commission's competitive bidding and negotiated placement requirements.
Any person desiring to be heard or to protest said filing 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). All such motions
or protests should be filed on or before March 24, 1995. Protests will
be considered by the Commission in determining the appropriate action
to be taken, but will not serve to make the protestants parties to the
proceeding. Any person wishing to become a party must file a motion to
intervene. Copies of this filing are on file with the Commission and
are available for public inspection.
Lois D. Cashell,
Secretary.
[FR Doc. 95-5468 Filed 3-6-95; 8:45 am]
BILLING CODE 6717-01-M