[Federal Register Volume 68, Number 30 (Thursday, February 13, 2003)]
[Notices]
[Page 7358]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-3526]



[[Page 7358]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER02-2610-000]


Element Re Capital Products, Inc.; Notice of Issuance of Order

February 6, 2003.
    Element Re Capital Products, Inc. (Element Re) filed an application 
requesting authority to transact at market-based rates, along with the 
accompanying tariff. The proposed market-based rate tariff provides for 
sales of capacity and energy at market-based rates. Element Re also 
requested waiver of various Commission regulations. In particular, 
Element Re requested that the Commission grant blanket approval under 
18 CFR part 34 of all future issuances of securities and assumptions of 
liability by Element Re.
    On November 19, 2002, pursuant to delegated authority, the 
Director, Division of Tariffs and Market Development--South, 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 Element Re 
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).
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is February 17, 2003.
    Absent a request to be heard in opposition by the deadline above, 
Element Re 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 
Element Re, 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 Element Re's issuances of securities or 
assumptions of liability.
    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 Commission's 
Web site at http://www.ferc.gov , using the ``FERRIS'' link. Enter the 
docket number excluding the last three digits in the docket number 
filed to access the document. 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. The Commission strongly encourages 
electronic filings.

Magalie R. Salas,
Secretary.
[FR Doc. 03-3526 Filed 2-12-03; 8:45 am]
BILLING CODE 6717-01-P