[Federal Register Volume 63, Number 36 (Tuesday, February 24, 1998)]
[Notices]
[Page 9219]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-4597]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-1127-000]


El Segundo Power, LLC; Notice of Issuance of Order

February 18, 1998.
    El Segundo Power, LLC (El Segundo) filed an application for 
authorization to sell power at market-based rates, and for certain 
waivers and authorizations. In particular, El Segundo requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liabilities by El 
Segundo. On February 12, 1998, the Commission issued an Order Accepting 
For Filing Proposed Tariff For Market-Based Power Sales And 
Reassignment Of Transmission Capacity And Granting Waiver Of Notice 
(Order), in the above-docketed proceeding.
    The Commission's February 12, 1998 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 after 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 El 
Segundo 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, El Segundo 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 El Segundo, 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 El 
Segundo's issuance 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 March 16, 1998.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE., 
Washington, DC 20426.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-4597 Filed 2-23-98; 8:45 am]
BILLING CODE 6717-01-M