[Federal Register: November 23, 1998 (Volume 63, Number 225)]
[Notices]               
[Page 64686]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23no98-66]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket Nos. ER98-3511-000, ER98-3562-000, ER98-3563-000, ER98-3564-
000, ER98-3565-000, and ER98-3566-000]

 
FPL Energy Maine Hydro, Inc.; FPL Energy Mason, LLC; FPL Energy 
Wyman, LLC; FPL Energy Wyman IV, LLC; FPL Energy AVEC, LLC; FPL Energy 
Power Marketing, Inc; Notice of Issuance of Order

November 17, 1998.
    FPL Energy Maine Hydro, Inc., FPL Energy Mason, LLC, FPL Energy 
Wyman, LLC, FPL Energy Wyman IV, LLC, FPL Energy AVEC, LLC, 
(collectively Affiliates), and FPL Energy Power Marketing, Inc. 
(collectively with Affiliates, Applicants) \1\ filed proposed rate 
schedules seeking approval to make sales of power at market-based 
rates, and for certain waivers and authorizations. In particular, 
Applicants requested that the Commission grant blanket approval under 
18 CFR Part 34 of all future issuances of securities and assumptions of 
liabilities by Applicants. On November 12, 1998, the Commission issued 
an Order Accepting For Filing Proposed Market-Based Rates (Order), in 
the above-docketed proceedings.
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    \1\ Applicants are wholly-owned subsidiaries of FPL Energy 
Maine, Inc. and are affiliated with Florida Power & Light Company. 
FPL Energy Maine was formed on January 5, 1998 to acquire certain of 
the generating assets being sold by Central Maine Power Company, the 
Union Water-Power Company, Cumberland Securities Corporation, and 
Central Securities Corporation as part of a divestiture plan.
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    The Commission's November 12, 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 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 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, 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 Applicants, 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 
Applicants'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 December 14, 1998.
    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. 98-31115 Filed 11-20-98; 8:45 am]
BILLING CODE 6717-01-M