[Federal Register Volume 62, Number 120 (Monday, June 23, 1997)]
[Notices]
[Page 33855]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-16377]



[[Page 33855]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-1431-000 and ER97-1432-000]


PEC Energy Marketing, Inc. and DePere Energy Marketing, Inc.; 
Notice of Issuance of Order

June 18, 1997.
    PEC Energy Marketing, Inc. and DePere Energy Marketing, Inc. 
(collectively, Applicants) are power marketing affiliates of GPU, Inc., 
a public utility holding company. The Applicants filed an application 
for authorization to sell power at market-based rates, and for certain 
waivers and authorizations. In particular, Applicants requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liabilities by 
Applicants. On June 12, 1997, the Commission issued an Order 
Conditionally Accepting for Filing Proposed Market-Base Rates (Order), 
in the above-docketed proceedings.
    The Commission's June 12, 1997 Order granted the request for 
blanket approval under part 34, subject to the conditions found in 
Ordering Paragraphs (D), (E), and (G):
    (D) Within 30 days of the date of issuance of this order, any 
person desiring to be heard or to protest the Commission's blanket 
approval of issuances of securities or assumptions of liabilities by 
Applicants 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.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, Applicants are hereby authorized, 
pursuant to section 204 of the FPA, to issue securities and assume 
obligations or liabilities as guarantor, endorser, surety, or otherwise 
in respect of any security of another person; provided that such issue 
or assumption is for some lawful object within the corporate purposes 
of Applicants, compatible with the public interest, and reasonably 
necessary or appropriate for such purposes.
    (G) The Commission reserves the right to modify this order to 
require a further showing that neither public nor private interests 
will be adversely affected by continued Commission approval of 
Applicants' issuances of securities or assumptions of liabilities. * * 
*
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is July 14, 1997.
    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. 97-16377 Filed 6-20-97; 8:45 am]
BILLING CODE 6717-01-M