[Federal Register Volume 66, Number 150 (Friday, August 3, 2001)]
[Notices]
[Pages 40686-40687]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-19445]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER01-2099-000]


Neptune Regional Transmission System, LLC; Notice of Issuance of 
Order

July 30, 2001.
    Neptune Regional Transmission System, LLC (Neptune) filed with the 
Commission, in the above-docketed proceeding, a proposed tariff which 
provides for the transmission of electricity at rates established 
through negotiations and open seasons at market-based rates. Neptune's 
filing also requested certain waivers and authorizations. In 
particular, Neptune requested that the Commission grant blanket 
approval under 18 CFR Part 34 of all future issuances of securities and 
assumptions of liabilities by Neptune. On July 27, 2001, the Commission 
issued an Order Approving Proposal Subject To Conditions (Order), in 
the above-docketed proceeding.
    The Commission's July 27, 2001 Order granted Neptune's request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (C), (D), and (E):
    (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 liabilities by 
Neptune 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.
    (D) Absent a request to be heard within the period set forth in 
Ordering Paragraph (C) above, Neptune 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 Neptune, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.

[[Page 40687]]

    (E) 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 
Neptune'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 August 27, 2001.
    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. The Order may also be viewed on the on the web 
at http://www.ferc.gov using the ``RIMS'' link, select ``Docket#'' and 
follow the instructions (call 202-208-2222 for assistance). Comments, 
protests and interventions may be filed electronically via the Internet 
in lieu of paper. See, 18 CFR 385.2001(a)(1)(iii) and the instructions 
on the Commission's web site under the ``e-Filing'' link.

David P. Boergers,
Secretary.
[FR Doc. 01-19445 Filed 8-2-01; 8:45 am]
BILLING CODE 6717-01-P