[Federal Register Volume 65, Number 121 (Thursday, June 22, 2000)]
[Notices]
[Pages 38817-38818]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-15793]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER00-1655-000 and ER00-1655-001]


Southern Company Services, Inc.; Notice of Issuance of Order

June 19, 2000.
    On February 18, 2000, as amended on May 8, 2000, Southern Company 
Services, Inc. (SCSI), as agent for Alabama Power Company, Georgia 
Power Company, Gulf Power Company, Mississippi Power Company, and 
Savannah Electric and Power Company, filed with the Commission a 
revised Market-Based Rate Power Sales Tariff and an amended and 
restated Intercompany Interchange Contract (IIC).
    In its filing, SCSI requests authority to include under the amended 
and restated IIC a new operating company that SCSI is forming, New 
Operating Company (NewCo).\1\ SCSI's filing also requested certain 
waivers and authorizations for NewCo. In particular, SCSI requested 
that the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liabilities by NewCo. 
On June 15, 2000, the Commission issued an Order Accepting For Filing 
Proposed Market-Based Rates And Amended Intercompany Contract As 
Modified (Order), in the above-docketed proceeding.
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    \1\ SCSI notes that NewCo is subject to regulatory approval from 
the Securities and Exchange Commission (SEC). However, this approval 
has not yet been obtained. Upon receipt of SEC approval, SCSI states 
that a submittal to this Commission will be made to reflect the 
formal name of NewCo.
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    The Commission's June 15, 2000 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (F), (G), and (I):
    (F) Within 30 days of the date of this order, any person desiring 
to be heard

[[Page 38818]]

or to protest the Commission's blanket approval of issuances of 
securities or assumptions of liabilities by NewCo 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.
    (G) Absent a request to be heard within the period set forth in 
Ordering Paragraph (F) above, NewCo are 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 NewCo, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (I) 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 NewCo'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 17, 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. The Order may also be viewed on the Internet at 

http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for 
assistance).

David P. Boergers,
Secretary.
[FR Doc. 00-15793 Filed 6-21-00; 8:45 am]
BILLING CODE 6717-01-M