[Federal Register Volume 66, Number 9 (Friday, January 12, 2001)]
[Notices]
[Page 2895]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-1016]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER01-542-000]


STI Capital Company; Notice of Issuance of Order

January 8, 2001.
    STI Capital Company (STI) submitted for filing a rate schedule 
under which STI will engage in wholesale electric power and energy 
transactions at market-based rates. STI also requested waiver of 
various Commission regulations. In particular, STI requested that the 
Commission grant blanket approval under 18 CFR part 34 of all future 
issuance of securities and assumptions of liability by STI.
    On January 3, 2001, pursuant to delegated authority, the Director, 
Division of Corporate Applications, Office of Markets, Tariffs and 
Rates, granted requests for blanket approval under part 34, subject to 
the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by STI 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).
    Absent a request for hearing within this period, STI is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, endorser, surety, or otherwise in respect of any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interest, and is reasonably necessary or 
appropriate for such proposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of STI's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is February 2, 2001.
    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. 01-1016 Filed 1-11-01; 8:45 am]
BILLING CODE 6717-01-M