[Federal Register Volume 62, Number 46 (Monday, March 10, 1997)]
[Page 10833]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-5826]


[Docket No. ER97-1315-000]

HorizEn Energy Corp.; Notice of Issuance of Order

March 5, 1997.
    HorizEn Energy Corp. (HorizEn) submitted for filing a rate schedule 
under which HorizEn will engage in wholesale electric power and energy 
transactions as a marketer. HorizEn also requested waiver of various 
Commission regulations. In particular, HorizEn requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by HorizEn.
    On February 24, 1997, 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 HorizEn 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, HorizEn 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 HorizEn'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 March 26, 1997. Copies of 
the full text of the order are available from the Commission's Rules 
Reference Branch, 888 First Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
[FR Doc. 97-5826 Filed 3-7-97; 8:45 am]