Document ID: FERC-2008-0858-0001
Agency: ferc
Document Type: Notice
Title: Issuance of Order: Valencia Power, LLC
Posted Date: 2008-06-16T04:00Z

[Federal Register: June 16, 2008 (Volume 73, Number 116)]
[Notices]               
[Page 34012-34013]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr16jn08-54]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER08-851-000; ER08-851-001]

 
Valencia Power, LLC; Notice of Issuance of Order

June 6, 2008.
    Valencia Power, LLC (Valencia Power) filed an application for 
market-based rate authority, with an accompanying rate schedule. The 
proposed market-based rate schedule provides for the sale of energy and 
capacity at market-based rates. Valencia Power also requested waivers 
of various Commission regulations. In particular, Valencia Power 
requested that the Commission grant blanket approval under 18 CFR Part 
34 of all future issuances of securities and assumptions of liability 
by Valencia Power.
    On June 6, 2008, pursuant to delegated authority, the Director, 
Division of Tariffs and Market Development--West, granted the requests 
for blanket approval under Part 34 (Director's Order). The Director's 
Order also stated that the Commission

[[Page 34013]]

would publish a separate notice in the Federal Register establishing a 
period of time for the filing of protests. Accordingly, any person 
desiring to be heard concerning the blanket approvals of issuances of 
securities or assumptions of liability by Valencia Power, should file a 
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, 
385.214 (2004). The Commission encourages the electronic submission of 
protests using the FERC Online link at http://www.ferc.gov.
    Notice is hereby given that the deadline for filing protests is 
July 7, 2008.
    Absent a request to be heard in opposition to such blanket 
approvals by the deadline above, Valencia Power 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; provided that such issuance or assumption is for some lawful 
object within the corporate purposes of Valencia Power, 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 approvals of Valencia Power's issuance of securities or 
assumptions of liability.
    Copies of the full text of the Director's Order are available from 
the Commission's Public Reference Room, 888 First Street, NE., 
Washington, DC 20426. The Order may also be viewed on the Commission's 
Web site at http://www.ferc.gov, using the eLibrary link. Enter the 
docket number excluding the last three digits in the docket number 
field to access the document. 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 
under the ``e-Filing'' link. The Commission strongly encourages 
electronic filings.

Kimberly D. Bose,
Secretary.
 [FR Doc. E8-13421 Filed 6-13-08; 8:45 am]

BILLING CODE 6717-01-P