ENTERGY POWER DEVELOPMENT INTERNATIONAL CORP
U-57/A, 1997-11-12
Previous: ENTERGY POWER DEVELOPMENT INTERNATIONAL CORP, U-57, 1997-11-12
Next: GENSYM CORP, 10-Q, 1997-11-12





               SECURITIES AND EXCHANGE COMMISSION

                        WASHINGTON, D.C.



                           FORM U-57


                        AMENDMENT NO. 3

                               To

         NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS



                Filed under Section 33(a) of the

     Public Utility Holding Company Act of 1935, as amended



             Entergy Power Development Corporation
               __________________________________
               (Name of foreign utility company)



             Entergy Power Development Corporation
               __________________________________
         (Name of filing company, if filed on behalf of
                   a foreign utility company)


       The Commission is requested to mail copies of all
        communications relating to this Notification to:


Frederick F. Nugent, Esq.         Thomas C. Havens, Esq.
General Counsel                   Mayer, Brown & Platt
Entergy Enterprises, Inc.         1675 Broadway
4 Park Plaza                      New York, New York 10019-5820
Suite 2000
Irvine, California  92614

<PAGE>

    Entergy Power Development Corporation ("EPDC"), a wholly-
owned subsidiary of Entergy Corporation ("Entergy"), a registered
holding company under the Public Utility Holding Company Act of
1935, as amended (the "Act"), hereby amends and restates the
notification originally filed with the Securities and Exchange
Commission on June 17, 1997 that EPDC is, and claims status as, a
"foreign utility company" ("FUCO") within the meaning of Section
33 of the Act.


Item 1.  Name, Business Address, Facilities and Ownership.

    The name and business address of the company claiming FUCO
status is:

                    Entergy Power Development Corporation
                    c/o Entergy Power Group
                    4 Park Plaza
                    Suite 2000
                    Irvine, California 92614


     EPDC claims an exemption from the Act as a FUCO by virtue of
its direct or indirect ownership interests in the following
subsidiary companies (each of which has also claimed an exemption
as a FUCO):

     (1)  EP Edegel, Inc., a wholly-owned subsidiary of EPDC
which owns, indirectly through its subsidiaries Entergy Peru,
S.A. and Generandes Peru, S.A., a 20.82% interest in Empresa de
Generacion Electrica de Lima S.A. ("Edegel").  Edegel is a public
utility which currently owns five hydroelectric generating
stations (with an aggregate installed capacity of 547 megawatts
("MW")), one 260 MW thermal electric generating station and 576
kilometers of interconnecting transmission lines located near
Lima, Peru.

     (2)  Entergy Power CBA Holding Ltd., a wholly-owned
subsidiary of EPDC, which currently owns directly a 7.8% interest
in Central Termoelectric Buenos Aires, S.A., a company which owns
and operates a 220 MW combined cycle gas turbine generator
located at the Central Costanera, S.A. power plant in Buenos
Aires, Argentina.

     (3) Entergy Power Chile, Inc., a wholly-owned subsidiary of
EPDC, which owns, indirectly through its subsidiaries Entergy
Power Chile S.A. and Inversiones Electricas Quillota S.A., an
approximate 25% economic interest in Compania Electrica San
Isidro S.A. ("San Isidro").  San Isidro will own and operate a
370 MW single unit, combined-cycle electric generating plant (the
"Plant") located near Santiago, Chile, and a subsidiary of San
Isidro will own and operate electric transmission lines that will
interconnect the Plant with the grid.

     (4) Entergy Pakistan, Ltd., a wholly-owned subsidiary of
EPDC, which owns directly approximately a 5% interest in The Hub
Power Company, Ltd. ("Hub Power"). Hub Power owns and operates a
1,292 MW steam electric generating facility in Pakistan.

     (5) Entergy Power Kingsnorth, Ltd., a wholly-owned
subsidiary of EPDC, was formed to acquire and hold Entergy's
interest in Kingsnorth Power Limited, an English registered
company ("Kingsnorth Power").  Kingsnorth Power will develop, own
and operate a 740 MW (nominal) gas-fired, combined cycle electric
generating facility to be located approximately 30 miles
southeast of London, in the County of Kent, England (the
"Facility").  As currently configured, the Facility will
include/be based upon two gas-fired turbines and one steam
turbine, and related auxiliary equipment.

     (6) Entergy S.A., a subsidiary of Entergy formed to
participate in a consortium with non-affiliated companies through
which Entergy acquired an ownership interest in Central
Costanera, S.A. ("Costanera").  Costanera owns and operates an
electric generating station located in Buenos Aires, Argentina,
which currently consists of seven natural gas/oil-fired
generating units with a total installed capacity of 1,260 MW.
Costanera has contracted for a turnkey installation of a combined-
cycle power plant comprised of two gas turbine generator units
with corresponding duct-fired boilers and steam turbines.  This
expansion, expected to be completed by late 1998, would add 830
MW to the existing installed capacity to the plant.  Entergy,
through Entergy S.A. and other direct and indirect subsidiaries,
has a 6% ownership interest in Costanera.  Entergy S.A. also
owns, indirectly through Costanera, an additional 3.06% interest
in Central Termoelectric Buenos Aires, S.A.

     In addition to the foregoing existing ownership interests in
FUCOs, EPDC is engaged in development activities with respect to
potential additional investments by Entergy in foreign energy
projects which would qualify as FUCOs.  EPDC also may from time
to time acquire and hold, on behalf of Entergy, interests in
additional FUCOs.  EPDC undertakes to file a further amendment to
this Notification in the event that it acquires any securities or
an interest in the business of another FUCO.

     No persons other than Entergy currently own a 5% or more
voting interest in EPDC.


     Item 2.   Domestic Associate Public-Utility Companies
     of EPDC and their Relationship to EPDC.

     The following companies, each of which is a direct or
indirect subsidiary of Entergy, are domestic public utility
associate companies of EPDC:  Entergy Arkansas, Inc. ("Entergy
Arkansas"), Entergy Gulf States, Inc. ("Entergy Gulf States"),
Entergy Louisiana, Inc. ("Entergy Louisiana"), Entergy
Mississippi, Inc. ("Entergy Mississippi"), Entergy New Orleans,
Inc. ("Entergy New Orleans"), The Arklahoma Corporation
("Arklahoma"), System Energy Resources, Inc. ("SERI"), Entergy
Power, Inc. ("EPI") and Entergy Operations, Inc. ("EOI") (Entergy
Arkansas, Entergy Gulf States, Entergy Louisiana, Entergy
Mississippi, Entergy New Orleans, Arklahoma, SERI, EPI and EOI
are collectively referred herein to as the "Domestic Utilities").
None of the Domestic Utilities has made an investment in or has
any contractual relationship with EPDC.


 EXHIBIT A.    State Certification.

     Not applicable.
 
 <PAGE>
                           SIGNATURE

    The undersigned company has duly caused this statement to be
signed on its behalf by the undersigned thereunto duly
authorized.


                        ENTERGY POWER DEVELOPMENT CORPORATION



                         By:  /s/ Frederick F. Nugent
                         -------------------------------
                              Frederick F. Nugent
                              Assistant Secretary


Dated: November 12, 1997



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission