[Federal Register Volume 65, Number 127 (Friday, June 30, 2000)]
[Notices]
[Page 40624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-16562]



[[Page 40624]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER00-2268-000]


Pinnacle West Capital Corporation, Arizona Public Service Company 
and APS Energy Services Company, Inc.; Notice of Issuance of Order

June 26, 2000.
    On April 21, 2000, Pinnacle West Capital Corporation \1\ (Pinnacle) 
filed with the Commission an application seeking: (1) Authority for 
Pinnacle to engage in wholesale sales of electric power at market-based 
rates, including sales to its affiliates, and sales of ancillary 
services within the California Independent System Operator Market; (2) 
authority for Pinnacle to reassign transmission capacity; (3) approval 
of revised market-based rate tariffs that would allow APS and APSES to 
transact business with affiliates at market-based rates; and (4) 
approval of a code of conduct for Pinnacle and proposed modifications 
to the codes of conduct of APS and APSES.
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    \1\ Pinnacle submitted the filing on its own behalf and on 
behalf of its affiliates, APS and APS Energy Services Company. The 
Commission's Order collectively referred to these three companies as 
``Pinnacle West Companies''. Pinnacle is the parent corporation of 
both APS and APSES.
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    In its filing, Pinnacle requested certain waivers and 
authorizations for Pinnacle. In particular, Pinnacle requested that the 
Commission grant blanket approval under 18 CFR part 34 of all future 
issuances of securities and assumptions of liabilities by Pinnacle. On 
June 20, 2000, the Commission issued an Order Conditionally Accepting 
For Filing Proposed Market-Based Rate Tariff And Code Of Conduct, And 
Revised Market-Based Rate Tariffs And Codes Of Conduct (Order), in the 
above-docketed proceeding.
    The Commission's June 20, 2000 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 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 Pinnacle 
should file a motion to intervene or protest with 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.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, Pinnacle 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 Pinnacle, 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 
Pinnacle'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 July 20, 2000.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE, Washington, 
DC 20426. The Order may also be viewed on the Internet at
http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for 
assistance).

David P. Boergers,
Secretary.
[FR Doc. 00-16562 Filed 6-29-00; 8:45 am]
BILLING CODE 6717-01-M