Applications, hearings, determinations, etc.: Millennium Power Partners, L.P.,


[Federal Register: January 23, 1998 (Volume 63, Number 15)]


[Page 3555]

From the Federal Register Online via GPO Access []



Federal Energy Regulatory Commission

[Docket No. ER98-830-000]

Millennium Power Partners, L.P.; Notice of Issuance of Order

January 16, 1998.

Millennium Power Partners, L.P. (Millennium) filedan application for authorization to engage in wholesale power sales at market-based rates, and for certain waivers and authorizations. In particular, Millennium requested that the Commission grant blanket approval under 18 CFR Part 34 of all future issuances of securities and assumptions of liabilities by Millennium. On January 15, 1998, the Commission issued an Order Accepting For Filing Proposed Market-Based Rates (Order), in the above-docketed proceeding.

The Commission's January 15, 1998 Order granted the request for blanket approval under Part 34, subject to the conditions found in Ordering Paragraphs (C), (D), and (F):

(C) Within 30 days of the date of issuance 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 Millennium 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.

(D) Absent a request to be heard within the period set forth in Ordering Paragraph (C) above, Millennium 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 Millennium, compatible with the public interest, and reasonably necessary or appropriate for such purposes.

(F) 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 Millennium'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 17, 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, Acting Secretary.

[FR Doc. 98-1593Filed1-22-98; 8:45 am]