[Federal Register: January 11, 1999 (Volume 64, Number 6)]
[Notices]               
[Page 1616-1617]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11ja99-68]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ES99-18-000]

 
MDU Resources Group, Inc., Notice of Application

January 5, 1999.
    Take notice that on December 18, 1998, MDU Resources Group, Inc. 
(Applicant), a corporation organized under the laws of the State of 
Delaware and qualified to transact business in the States of Montana, 
North Dakota, South Dakota, and Wyoming, with its principal business 
office at Bismarck,

[[Page 1617]]

North Dakota, filed an application with the Federal Energy Regulatory 
Commission, pursuant to Section 204 of the Federal Power Act (Act), 
seeking authority to issue a combination of securities not to exceed in 
the aggregate $400,000,000 within the following amounts:
    (1) Not to exceed $400,000,000 worth of common stock;
    (2) Not to exceed $40,000,000 worth of preferred stock; and
    (3) Not to exceed $120,000,000 principal amount of New Mortgage 
Bonds, Senior Notes, debentures, subordinated debentures, guarantees or 
other unsecured debt securities, including those in connection with a 
hybrid securities financing.
    Applicant may vary the maximum issuance amount for each of the 
above types of securities so long as the aggregate amount of 
Applicant's securities issued does not exceed $400,000,000. The 
securities are proposed to be issued from time to time over a two-year 
period.
    Applicant seeks approval for the issuance of all of the above 
securities by methods which may include other than competitive bidding 
and negotiated offers, as expressly permitted by section 
34.2(a)(3)(iii) of the regulations under the Act.
    Any person desiring to be heard or to make any protest with 
reference to said Application should, on or before January 15, 1999, 
file with the Federal Energy Regulatory Commission, Washington, DC 
20426, petitions or protests in accordance with the requirements of the 
Commission's Rules of Practice and Procedure (18 CFR 385.211 and 
385.214). The Application is on file with the Commission and available 
for public inspection.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 99-465 Filed 1-8-99; 8:45 am]
BILLING CODE 6717-0-M