[Federal Register Volume 63, Number 101 (Wednesday, May 27, 1998)]
[Notices]
[Pages 29001-29002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13935]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-2259-000]


LSP Energy Limited Partnership; Notice of Issuance of Order

May 20, 1998.
    LSP Energy Limited Partnership (LSP Energy) filed an application 
for authorization to engage in wholesale power sales at market-based 
rates, and for certain waivers and authorizations. In particular, LSP 
Energy requested that the Commission grant blanket approval under 18 
CFR Part 34 of all future issuances of securities and assumptions of 
liabilities by LSP Energy. On May 14, 1998, the Commission issued an 
Order Accepting For Filing Market-Based Rates (Order), in the above-
docketed proceeding.
    The Commission's May 14, 1998 Order granted the request for blanket 
approval under Part 34, subject to the conditions found in Ordering 
Paragraphs (C), (D), and (F):
    (C) 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

[[Page 29002]]

liabilities by LSP Energy 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.
    (D) Absent a request to be heard within the period set forth in 
Ordering Paragraph (C) above, LSP Energy 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 LSP Energy, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (F) 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 LSP 
Energy'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 June 15, 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.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-13935 Filed 5-26-98; 8:45 am]
BILLING CODE 6717-01-M