[Federal Register: December 21, 1998 (Volume 63, Number 244)]
[Notices]               
[Page 70402]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21de98-74]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER99-220-000]

 
NYSEG Solutions, Inc.; Notice of Issuance of Order

December 15, 1998.
    NYSEG Solutions, Inc. (NYSEG Solutions), an energy services company 
which is affiliated with NYSEG, a traditional electric utility, filed 
an application requesting that the Commission authorize it to engage in 
wholesale power sales at market-based rates, and for certain waivers 
and authorizations. In particular, NYSEG Solutions requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by NYSEG 
Solutions. On December 14, 1998, the Commission issued an Order 
Granting Waiver Of Notice And Conditionally Accepting For Filing 
Tariffs For Market-Based Power Sales And Reassignment Of Transmission 
Rights (Order), in the above-docketed proceeding.
    The Commission's December 14, 1998 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (E), (F), and (H):
    (E) Within 30 days after 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 
NYSEG Solutions should file a motion to intervene or protest with the 
Federal Energy Regulatory Commission, 888 First Street, N.E., 
Washington, D.C. 20426, in accordance with Rules 211 and 214 of the 
Commission's Rules of Practice and Procedure, 18 CFR 385.211 and 
385.214.
    (F) Absent a request to be heard within the period set forth in 
Ordering Paragraph (E) above, NYSEG Solutions 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 NYSEG Solutions, compatible 
with the public interest, and reasonably necessary or appropriate for 
such purposes.
    (H) 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 NYSEG 
Solutions' 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 January 13, 1999.
    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.
David P. Boergers,
Secretary.
[FR Doc. 98-33675 Filed 12-18-98; 8:45 am]
BILLING CODE 6717-01-M