Koch Power Louisiana, L.L.C.; Notice of Issuance of Order

[Federal Register Volume 64, Number 16 (Tuesday, January 26, 1999)]
[Notices]
[Page 3936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-1674]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No ER99-637-000]


Koch Power Louisiana, L.L.C.; Notice of Issuance of Order

January 20, 1999.
    Koch Power Louisiana L.L.C. (KPL) a Delaware corporation created to 
develop, own and operate a 200 MW electric generating facility in 
Sterlington, Louisiana, filed an application requesting that the 
Commission authorize it to sell power at market-based rates, and for 
certain waivers and authorizations. In particular, KPL requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuance of securities and assumptions of liabilities by KPL. On 
January 14, 1999, the Commission issued an Order Accepting For Filing 
Proposed Market-Based Rates (Order), in the above-docketed proceedings.
    The Commission's January 14, 1999 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraph (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 KPL 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, KPL 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 KPL, 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 KPL'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 February 16, 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. 99-1674 Filed 1-25-99; 8:45 am]
BILLING CODE 6717-01-M