[Federal Register: June 25, 2002 (Volume 67, Number 122)]
[Notices]               
[Page 42768-42769]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25jn02-47]                         

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER02-1884-000; and ER02-1885-000]

 
Waterside Power, L.L.C., Power Development Company, L.L.C.; 
Notice of Issuance of Order

June 18, 2002.
    Waterside Power, L.L.C. (Waterside) and Power Development Company, 
L.L.C. (PDC) filed respective applications with accompanying tariffs 
requesting authority to engage in the sales energy, capacity, and 
ancillary services at market-based rates, and for the reassignment of 
transmission capacity. Waterside and PDC also requested waiver of 
various Commission regulations. In particular, Waterside and PDC 
requested that the Commission grant blanket approval under 18 CFR Part 
34 of all future issuances of securities and assumptions of liability 
by Waterside and PDC.
    On June 13, 2002, pursuant to delegated authority, the Director, 
Office of Markets, Tariffs and Rates-East, granted requests for blanket 
approval under Part 34, subject to the following:
    Any person desiring to be heard or to protest the blanket approval 
of issuances of securities or assumptions of liability by Waterside or 
PDC should file a motion to intervene or protest with the Federal 
Energy Regulatory 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 to be heard in opposition within this period,

[[Page 42769]]

Waterside and PDC are authorized to issue securities and assume 
obligations or liabilities as a guarantor, indorser, surety, or 
otherwise in respect of any security of another person; provided that 
such issuance or assumption is for some lawful object within the 
corporate purposes of Waterside or PDC, 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 Waterside's or PDC'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 July 15, 2002.
    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. The Order may also be viewed on the Internet at 
http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for 
assistance). Comments, protests, and interventions may be filed 
electronically via the internet in lieu of paper. See, 18 CFR 
385.2001(a)(1)(iii) and the instructions on the Commission's web site 
at http://www.ferc.fed.us/efi/doorbell.htm.

Linwood A. Watson, Jr.,
Deputy Secretary.
[FR Doc. 02-15926 Filed 6-24-02; 8:45 am]
BILLING CODE 6717-01-P