[Federal Register Volume 62, Number 7 (Friday, January 10, 1997)]
[Notices]
[Page 1448]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-557]


-----------------------------------------------------------------------

DEPARTMENT OF ENERGY
[Docket No. ER97-654-000]


Newco US, L.P.; Notice of Issuance of Order

January 6, 1997.
    Newco US, L.P. (Newco) submitted for filing a rate schedule under 
which Newco will engage in wholesale electric power and energy 
transactions as a marketer. Newco also requested waiver of various 
Commission regulations. In particular, Newco requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by Newco.
    On December 30, 1996, 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 Newco should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 888 First 
Street, N.E., Washington, D.C. 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, Newco is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, endorser, surety, or otherwise in respect of any security 
of another person; provided that such issuance of 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 Newco'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 29, 1997.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, 888 First Street, N.E. 
Washington, D.C. 20426.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 97-557 Filed 1-9-97; 8:45 am]
BILLING CODE 6717-01-M