[Federal Register Volume 67, Number 116 (Monday, June 17, 2002)]
[Notices]
[Pages 41228-41229]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-15171]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER02-1485-000]


Power Contract Finance. L.L.C.; Notice of Issuance of Order

June 11, 2002.
    Power Contract Finance, L.L.C. (PCF) filed an application for 
authority to engage in the sale of wholesale energy, capacity, and 
ancillary services at market-based rates and for the reassignment of 
transmission capacity. PCF also requested waiver of various Commission 
regulations. In particular, PCF requested that the Commission grant 
blanket approval under 18 CFR part 34 of all future issuances of 
securities and assumptions of liability by PCF.
    On May 24, 2002, pursuant to delegated authority, the Director, 
Office of Markets, Tariffs and Rates-East,

[[Page 41229]]

granted requests for blanket approval under Part 34, subject to the 
following:
    Any person desiring to be heard or to protest the blanket approval 
of issuances of securities or assumptions of liability by PCF 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 to be heard in opposition within this period, PCF 
is authorized to issue securities and assume obligations or liabilities 
as a guarantor, indorser, 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 PCF, 
compatible with the public interest, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of PCF'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 June 24, 2002.
    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). 
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 at http://www.ferc.fed.us/efi/doorbell.htm.

Magalie R. Salas,
Secretary.
[FR Doc. 02-15171 Filed 6-14-02; 8:45 am]
BILLING CODE 6717-01-P