(As filed July 23, 1999)
File No. 70-9199
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Post-Effective Amendment No. 1
("POS AMC")
to
FORM U-1
APPLICATION OR DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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New Century Energies, Inc.
Public Service Company of Colorado
NC Enterprises, Inc.
1225 17th Street
Denver, Colorado 80202-5533
(Names of companies filing this statement and
addresses of principal executive offices)
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New Century Energies, Inc.
(Name of top registered holding company parent)
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Teresa S. Madden
Controller
New Century Energies, Inc
1225 17th Street, Suite 900
Denver, Colorado 80202-5533
(Name and address of agents for service)
The Commission is requested to send copies of all notices, orders and
communications in connection with this Application/Declaration to:
James D. Albright, Esq. William T. Baker, Jr., Esq.
William M. Dudley, Esq. Thelen Reid & Priest LLP
New Century Energies, Inc 40 West 57th Street
1225 17th Street, Suite 600 New York, New York 10019
Denver, Colorado 80202-5533
<PAGE>
By order dated May 28, 1999 (Holding Co. Act Rel. No. 27034) in this
proceeding, the Commission authorized New Century Energies, Inc. ("NCE"), a
registered holding company, its wholly-owned non-utility subsidiary, NC
Enterprises, Inc. ("Enterprises"), and its wholly-owned public-utility
subsidiary, Public Service Company of Colorado ("PSCo"), to carry out certain
transactions relating to the formation of WYCO Development LLC ("WYCO"), a
limited liability company to be 50% owned by Enterprises, the sale by PSCo to
WYCO of a 53-mile natural gas pipeline constructed by PSCo, and the leaseback of
such facility by PSCo. The remaining 50% interest in WYCO will be held by a
subsidiary of The Coastal Corporation ("Coastal"), and another subsidiary of
Coastal intends to sell to and leaseback from WYCO certain pipeline compressors
and related pipeline facilities.
The pipeline and related facilities have all been completed and were
placed in service in late 1998. However, the sale-leaseback transactions
approved by the Commission will not be consummated prior to the expiration of
the effective period of the Commission's order. The principal reason for the
delay is that certain additional costs associated with the facilities (e.g.,
costs of revegetation and other environmental remediation, right-of-way
settlements, and final surveys) were not incurred until the spring months of
1999. In addition, the parties agreed to extend the closing in order to explore
project financing by WYCO. The parties have now agreed to schedule a closing not
later than October 31, 1999. Accordingly, pursuant to Rule 24(c)(1), the
applicants request that the Commission issue a further order in this proceeding
extending the effective period of the May 28, 1999 order through October 31,
1999.
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<PAGE>
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, as amended, the undersigned companies have duly caused this
post-effective amendment to the Application or Declaration previously filed
herein to be signed on their behalf by the undersigned thereunto duly
authorized.
NEW CENTURY ENERGIES, INC.
PUBLIC SERVICE COMPANY OF
COLORADO
NC ENTERPRISES, INC.
By: /s/ Richard C. Kelly
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Name: Richard C. Kelly
Title: Executive Vice President and
Chief Financial Officer of
New Century Energies, Inc.;
Executive Vice President of
Public Service Company of
Colorado; and Executive Vice
President of NC Enterprises,
Inc.
Date: July 23, 1999
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