[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)]
[Notices]
[Page 66619]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33158]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-4434-000]


Clean Air Capital Markets Corporation; Notice of Issuance of 
Order

December 15, 1997.
    Clean Air Capital Markets Corporation (Clean Air) submitted for 
filing a rate schedule under which Clean Air will engage in wholesale 
electric power and energy transactions as a marketer. Clean Air also 
requested waiver of various Commission regulations. In particular, 
Clean Air requested that the Commission grant blanket approval under 18 
CFR Part 34 of all future issuances of securities and assumptions of 
liability by Clean Air.
    On December 3, 1997, pursuant to delegated authority, the Director, 
Division of Rate 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 Clean Air 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, Clean Air 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 Clean Air'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 2, 1998. 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. 97-33158 Filed 12-18-97; 8:45 am]
BILLING CODE 6717-01-M