[Federal Register Volume 62, Number 214 (Wednesday, November 5, 1997)]
[Notices]
[Page 59856]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29251]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-4273-000]


Cargill-IEC, L.L.C.; Notice of Issuance of Order

October 31, 1997.
    Cargill-IEC, L.L.C. (Cargill-IEC) filed an application for 
authorization to sell electric capacity and energy at market-based 
rates, and for certain waivers and authorizations. In particular, 
Cargill-IEC requested that the Commission grant blanket approval under 
18 CFR Part 34 of all future issuances of securities and assumptions of 
liabilities by Cargill-IEC. On October 17, 1997, the Commission issued 
an Order Conditionally Accepting for Filing Proposed Market-Based Rates 
(Order), in the above-docketed proceeding.
    The Commission's October 17, 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 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 Cargill-IEC 
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.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, Cargill-IEC is hereby authorized to issue 
securities and assume obligations and liabilities as guarantor, 
indorser, 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 Cargill-IEC, 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 Cargill-
IEC's 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 November 17, 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.
Lois D. Cashell,
Secretary.
[FR Doc. 97-29251 Filed 11-4-97; 8:45 am]
BILLING CODE 6717-01-M