[Federal Register Volume 63, Number 130 (Wednesday, July 8, 1998)]
[Notices]
[Page 36892]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18062]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket Nos. ER98-6-000 and ER98-6-001]


USGen New England, Inc.; Notice of Issuance of Orders

July 1, 1998.
    USGen New England, Inc. (USGenNE) filed an application for 
Commission authorization to engage in wholesale power sales at market-
based rates, and for certain waivers and authorizations. In particular, 
USGenNE requested that the Commission grant blanket approval under 18 
CFR Part 34 of all future issuances of securities and assumptions of 
liabilities by USGenNE. On February 25, 1998, the Commission issued an 
Order that inadvertently did not include USGenNE's name in the Ordering 
Paragraphs that granted to USGenNE the waivers and blanket 
authorizations generally afforded to power marketers. On March 27, 
1998, USGenNE filed a Request For Clarification or, In The Alternative, 
Request For Rehearing of the Commission's February 25 Order. On June 
10, 1998, the Commission issued an Order on Clarification and Rehearing 
that clarified the earlier order regarding such waivers and blanket 
authorizations.
    The Commission's February 25, 1998 and the June 10, 1998 Orders 
granted the request for blanket approval under Part 34, subject to the 
conditions found in Ordering Paragraphs (J), (K), and (M) of the 
February 25, 1998 Order:
    (J) 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 USGenNE 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.
    (K) Absent a request to be heard within the period set forth in 
Ordering Paragraph (J) above, USGenNE 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 USGenNE, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (M) 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 
USGenNE'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 July 10, 1998.
    Copies of the full text of the Orders are available from the 
Commission's Public Reference Branch, 888 First Street, N.E., 
Washington, D.C. 20426.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-18062 Filed 7-7-98; 8:45 am]
BILLING CODE 6717-01-M