[Federal Register: March 19, 1999 (Volume 64, Number 53)]
[Notices]               
[Page 13556]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr19mr99-47]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER99-1465-000]

 
Elwood Marketing, LLC; Notice of Issuance of Order

March 15, 1999.
    Elwood Marketing, LLC (Elwood), a power marketer, filed an 
application requesting Commission approval to sell capacity and energy 
at market-based rates, and for certain waivers and authorizations. In 
particular, Elwood requested that the Commission grant blanket approval 
under 18 CFR Part 34 of all future issuances of securities and 
assumptions of liabilities by Elwood. On March 12, 1999, the Commission 
issued an Order Conditionally Accepting For Filing Proposed Market-
Based Rates (Order), in the above-docketed proceeding.
    The Commission's March 12, 1999 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (D), (E), and (G):
    (D) Within 30 days of the date 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 Elwood 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.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, Elwood 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 Elwood, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (G) 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 Elwood'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 April 12, 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. 99-6742 Filed 3-18-99; 8:45 am]
BILLING CODE 6717-01-M