Alrus Consulting, L.L.C. (Alrus) submitted for filing a market-based rate schedule which will allow Alrus to purchase energy and/or capacity from eligible independent power procedures (IPPS) at market-based rates for resale. Alrus also requested waiver of various Commission regulations. In particular, Alrus requested that the Commission grant blanket approval under 18 CFR part 34 of all future issuances of securities and assumptions of liability by Alrus.
On July 25, 2000, pursuant to delegated authority, the Director, Division of Corporate Applications, Office of Markets, Tariffs and Rates, granted requested for blanket approval under part 24, subject to the following.
Within thrity days of the date of the order, any person desiring to be heard or to protest the blanket approval of issuances of securities or assumptions of liability by Alrus should file a motion to intervene or protest with the Federal Energy Regualtory Commission, 888 First Street, NE., Washington, DC 20426, in accordance with Rules 211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 385.211 and 385.214).
Absent a request for hearing within this period, Alrus is authorized to issue securities and assume obligations or liabilities as a guarantor, indorser, surety, or otherwise in respect of any security of another person; provide that such issuance or assumption if for some lawful object within the corporate purposes of Alrus, and compatible with the public interest, and is reasonably necessary or appropriate for such purposes.
The Commission reserves the right to require a further showing that neither public nor private interests will be adversely affected by continued approval of Alrus's issuances of securities or assumptions of liability.
Notice is hereby given that the deadline for filing motions to intervene or protests, as set forth above, is August 24, 2000.
Copies of the full text of the Order are available from the Commission's Public Reference Branch, 888 First Street, NE., Washington, DC 20426. The Order 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. 00-20138 Filed 8-08-00; 8:45 am]
BILLING CODE 6717-01-M