Unicom Energy, Inc. (Unicom) filed with the Commission a rate schedule in the above-captioned proceeding, under which Unicom will engage in wholesale electric power and energy transactions at market-based rates, and for certain Start Printed Page 42348waivers and authorizations. In particular, Unicom also requested in its application that the Commission grant blanket approval under 18 CFR Part 34 of all future issuances of securities and assumptions of liabilities by the Unicom. On July 28, 2000, the Commission issued an order that accepted the rate schedule for sales of capacity and energy at market-based rates (Order), in the above-docketed proceedings.
The Commission's June 28, 2000 Order granted, approved Unicom's request for blanket approval under Part 34, subject to the conditions found in Appendix B in Ordering Paragraphs (2), (3), and (5):
(2) 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 Unicom 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.
(3) Absent a request to be heard within the period set forth in Ordering Paragraph (2) above, Unicom 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 the Unicom, compatible with the public interest, and reasonably necessary or appropriate for such purposes.
(5) 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 approved of Unicom'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 28, 2000.
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. This issuance may also be viewed on the Internet at http:/www.ferc.fed.us/online/rims.htm (call 202-208-2222 for assistance).Start Signature
David P. Boergers,
[FR Doc. 00-17274 Filed 7-7-00; 8:45 am]
BILLING CODE 6717-01-M