[Federal Register Volume 63, Number 177 (Monday, September 14, 1998)]
[Notices]
[Page 49104]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24509]



[[Page 49104]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-3934-000]


Clinton Energy Management Services, Inc; Notice of Issuance of 
Order

September 8, 1998.
    Clinton Energy Management Services, Inc. (Clinton Energy) filed an 
application for Commission authorization to engage in wholesale power 
sales at market-based rates, and for certain waivers and 
authorizations. In particular, Clinton Energy requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by Clinton 
Energy. On September 4, 1998, the Commission issued an Order Accepting 
in Part and Rejecting Without Prejudice in Part Proposed Tariffs for 
Market-Based Power Sales and Accepting Proposed Tariff for Reassignment 
of Transmission Capacity (Order), in the above-docketed proceeding.
    The Commission's September 4, 1998 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (I), (J), and (L):
    (I) Within 0 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 Clinton 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.
    (J) Absent a request to be heard within the period set forth in 
Ordering paragraph (I) above, Clinton 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 Clinton Energy, compatible with 
the public interest and reasonably necessary or appropriate for such 
purposes.
    (L) 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 Clinton 
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 October 5, 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 98-24509 Filed 9-11-98; 8:45 am]
BILLING CODE 6717-01-M