[Federal Register Volume 63, Number 118 (Friday, June 19, 1998)]
[Notices]
[Pages 33640-33641]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-16298]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-2494-000]


ESI Vansycle Partners, L.P.; Notice of Issuance of Order

June 15, 1998.
    ESI Vansycle Partners. L.P. (ESI), an affiliate of Florida Power & 
Light Company, filed an application for authorization to engage in 
wholesale power sales at market-based rates, and for certain waivers 
and authorizations. In particular, ESI requested that the Commission 
grant blanket approval under 18 CFR Part 34 of all future issuances of 
securities and assumptions of liabilities by ESI. On June 2, 1998, the 
Commission issued an Order Conditionally Accepting for Filing Proposed 
Market-Based Rates (Order), in the above-docketed proceeding.
    The Commission's June 2, 1998 Order granted the request for blanket 
approval under Part 34, subject to the conditions found in Ordering 
Paragraphs (F), (G), and (I):
    (F) 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 ESI should 
file a motion to intervene or protest with

[[Page 33641]]

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.
    (g) Absent a request to be herd within the period set forth in 
Ordering Paragraph (F) above, ESI is hereby authorized, pursuant to 
Section 204 of the FPA, 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 ESI, 
compatible with the public interest, and reasonably necessary or 
appropriate for such purposes.
    (I) 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 ESI's 
issuances of securities or assumptions of liabilities * * *.
    Notice is hereby given that the deadline for filing motions to 
intervene or protest, as set forth above, is July 2, 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. 98-16298 Filed 6-18-98; 8:45 am]
BILLING CODE 6717-01-M