e prime, inc.; Notice of Issuance of Order

[Federal Register Volume 61, Number 68 (Monday, April 8, 1996)]
[Notices]
[Page 15473]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8587]



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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER95-1269-000]


e prime, inc.; Notice of Issuance of Order

April 2, 1996.
    On June 26, 1995, e prime, inc. (e prime) filed an application for 
authorization to sell power at market-based rates, and for certain 
waivers and authorizations. In particular, e prime requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by e prime. On 
March 29, 1996, the Commission issued an Order Conditionally Accepting 
And Suspending Revised Transmission Tariffs And Conditionally Accepting 
Market-Based Rates (Order), in the above-docketed proceeding.
    The Commission's March 29, 1996 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (F), (G), and (I):
    (F) 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 e prime 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 (1995).
    (G) Absent a request to be heard within the period set forth in 
Ordering Paragraph (F) above, e prime is hereby authorized to issue 
securities and to assume obligations or liabilities as guarantor, 
endorser, 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 applicant, compatible with 
the public interest, and reasonably necessary or appropriate for such 
purposes.
    (I) 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 e 
prime'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 29, 1996.
    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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 96-8587 Filed 4-5-96; 8:45 am]
BILLING CODE 6717-01-M