[Federal Register: June 4, 1999 (Volume 64, Number 107)]
[Notices]               
[Page 29999-30000]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr04jn99-45]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket Nos. ER99-2322-000, ER99-2341-000, ER99-2337-000, ER99-2311-
000, ER99-2324-000, ER99-2330-000, ER99-2342-000, ER99-2354-000, ER99-
2369-000, ER99-2387-000, ER99-2506-000, (Not consolidated)]

 
MEP Investments, L.L.C. et al.; Notice of Issuance of Order

May 28, 1999.
    MEP Investments, L.L.C., Hardee Power Partners Limited, FPL Energy 
Services, Inc., Carolina Power & Light Company, Monroe Power Company, 
FirstEnergy, Corp., Tampa Electric Company, Florida Keys Electric 
Cooperative Association, Inc., Alliance for Cooperative Energy Services 
Power Marketing LLC, KeySpan-Ravenwood,

[[Page 30000]]

Inc., and Deseret Generation & Transmission Cooperative (hereafter, 
``the Applicants'') filed with the Commission rate schedules in the 
above-captioned proceedings, respectively, under which the Applicants 
will engage in wholesale electric power and energy transactions at 
market-based rates, and for certain waivers and authorizations. In 
particular, certain of the Applicants may also have requested in their 
respective applications that the Commission grant blanket approval 
under 18 CFR Part 34 of all future issuances of securities and 
assumptions of liabilities by the Applicants. On May 27, 1999, the 
Commission issued an order that accepted the rate schedules for sales 
of capacity and energy at market-based rates (Order), in the above-
docketed proceedings.
    The Commission's May 27, 1999 Order granted, for those Applicants 
that sought such approval, their request for blanket approval under 
Part 34, subject to the conditions found in Appendix B in Ordering 
Paragraphs (2), (3), and (5):
    (2) 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 the Applicants 
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.
    (3) Absent a request to be heard within the period set forth in 
Ordering Paragraph (2) above, if the Applicants have requested such 
authorization, the Applicants are 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 the Applicants, compatible with the public 
interest, and reasonably necessary or appropriate for such purposes.
    (5) 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 the 
Applicants' 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 June 28, 1999.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE, Washington, 
DC 20426.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 99-14118 Filed 6-3-99; 8:45 am]
BILLING CODE 6717-01-M