[Federal Register Volume 61, Number 8 (Thursday, January 11, 1996)]
[Notices]
[Page 1027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-400]
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DEPARTMENT OF ENERGY
[Docket No. ER96-358-000]
Energy Resource Management Corporation; Notice of Issuance of
Order
January 5, 1996.
On November 14, 1995, Energy Resource Management Corporation (ERMC)
submitted for filing a rate schedule under which ERMC will engage in
wholesale electric power and energy transactions as a marketer. ERMC
also requested waiver of various Commission regulations. In particular,
ERMC requested that the Commission grant blanket approval under 18 CFR
Part 34 of all future issuances of securities and assumptions of
liability by ERMC.
On December 20, 1995, 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 ERMC 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).
Absent a request for hearing within this period, ERMC 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 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 ERMC'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 January 19, 1996. Copies
of the full text of the order are available from the Commission's
Public Reference Branch, 888 First Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 96-400 Filed 1-10-96; 8:45 am]
BILLING CODE 6717-01-M