File No. _______
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
(Names and addresses of foreign utility companies)
Shenzhen Shajiao Coal-Fired Station Guangdong Guanghope Power Co. Ltd.
Company Limited No. 75 Mei Hua Road
No. 7 Zhenxing Road Guangzhow, P.R. China
Futian District
Shenzhen, P.R. China
PT CEPA Indonesia CEPA Energy Pakistan Ltd.
Plaza Bapindo 2nd Floor
Menara 1 Lantai 16 Nasr Chambers
J 1. Jend. Sudirman Kav. 54-55 Block 19, Markaz F-7
Jakarta 12190, Indonesia Islamabad, Pakistan
Hopewell Energy (Philippines) Corporation Hopewell Tileman (Philippines)
Suite 202, CTC Building Corporation
2232 Roxas Boulevard Suite 202, CTC Building
Pasay City, Metro Manila 2232 Roxas Boulevard
The Philippines Pasay City, Metro Manila
The Philippines
CEPA Pangasinan Electric Ltd. Hopewell Mobile Power Systems Corporation
P.O. Box 71 Suite 202, CTC Building
Craigmuir Chambers 2232 Roxas Boulevard
Road Town Pasay City, Metro Manila
Tortola, British Virgin Islands The Philippines
Hopewell Power (Philippines) Corporation
Suite 202, CTC Building
2232 Roxas Boulevard
Pasay City, Metro Manila
The Philippines
(Name and address of filing company)
SEI Holdings, Inc.
900 Ashwood Parkway - Suite 500
Atlanta, Georgia 30338
The Commission is requested to address communications to:
Thomas Boren, President John D. McLanahan, Esq.
SEI Holdings, Inc. Troutman Sanders LLP
900 Ashwood Parkway - Suite 500 600 Peachtree Street, N.E.
Atlanta, Georgia 30338 Suite 5200
Atlanta, Georgia 30308-2216
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1. Name of the entity(ies) on whose behalf foreign utility company status is
claimed, its (their) business address(es), and a description of the facilities
used for the generation, transmission and distribution of electric energy for
sale or for the distribution at retail of natural or manufactured gas. Identity
of each person that holds five percent (5%) or more of any class of voting
securities of the foreign utility company(ies) and description of the amount and
nature of the interest.
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Shenzhen Shajiao Coal-Fired Station Company Limited Guangdong Guanghope Power Co. Ltd.
No. 7 Zhenxing Road No. 75 Mei Hua Road
Futian District Guangzhow, P.R. China
Shenzhen, P.R. China
PT CEPA Indonesia CEPA Energy Pakistan Ltd.
Plaza Bapindo 2nd Floor
Menara 1 Lantai 16 Nasr Chambers
J 1. Jend. Sudirman Kav. 54-55 Block 19, Markaz F-7
Jakarta 12190, Indonesia Islamabad, Pakistan
Hopewell Energy (Philippines) Corporation Hopewell Tileman (Philippines) Corporation
Suite 202, CTC Building Suite 202, CTC Building
2232 Roxas Boulevard 2232 Roxas Boulevard
Pasay City, Metro Manila Pasay City, Metro Manila
The Philippines The Philippines
CEPA Pangasinan Electric Ltd. Hopewell Mobile Power Systems Corporation
P.O. Box 71 Suite 202, CTC Building
Craigmuir Chambers 2232 Roxas Boulevard
Road Town Pasay City, Metro Manila
Tortola, British Virgin Islands The Philippines
Hopewell Power (Philippines) Corporation
Suite 202, CTC Building
2232 Roxas Boulevard
Pasay City, Metro Manila
The Philippines
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SEI Holdings, Inc., a Delaware corporation ("SEI Holdings"), is filing
this Notification of Foreign Utility Company Status pursuant to Section 33(a) of
the Act and Rule 57 thereunder on behalf of the nine (9) companies listed above
(collectively, the "Project Companies"). SEI Holdings is a wholly-owned
subsidiary of The Southern Company ("Southern"), a registered holding company.1
The Project Companies are direct or indirect subsidiaries of
Consolidated Electric Power Asia Limited ("CEPA"), a Bermuda limited liability
company.2 SEI Holdings intends to acquire 80% of the outstanding capital
1 See The Southern Company, et al., Holding Co. Act Rel. No. 26468
(February 2, 1996).
2 CEPA and various subsidiaries of CEPA organized to hold CEPA's interests in
the Project Companies qualify as "Intermediate Subsidiaries" of SEI Holdings
within the meaning of the February 2, 1996 order, supra n.1.
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shares of CEPA. Twenty percent (20%) of the capital shares of CEPA will
remain in the hands of CEPA's current shareholders. The largest
minority shareholder, Hopewell Holdings Limited, will hold not less
than 12% of CEPA's capital shares following the consummation of this
transaction.
The following is a brief description of each of the nine
Project Companies, their principal assets, CEPA's percentage ownership interest
in each Project Company, and the name of each company (other than CEPA) holding
5% or more of the equity interests in each Project Company:
1. Shenzhen Shajiao Coal-Fired Station Company Limited. (Shajiao B Project)
The Shajiao B Project consists of two 350 MW coal-fired generating units
located at Shajiao, Guangdong Province, P.R. China. These units
commenced commercial operation in 1987. CEPA indirectly holds a 25% interest
in the Project Company. Bank of China and Shenzhen Energy Corporation,
the state-owned utility which purchases the power output from the Shajiao B
Project, each hold, directly or indirectly, 5% or more of the equity
interests in the Project Company.
2. Guangdong Guanghope Power Co. Ltd. (Shajiao C Project)
The Shajiao C Project consists of three 660 MW coal-fired generating
units located at Shajiao, Guangdong Province, P.R. China. These units were
placed in commercial operation in 1996. CEPA indirectly holds a 32% interest
in the Project Company. Guangdong Electric Power Holdings, a state-owned
utility, indirectly holds the remaining 68% interest in the Project Company.
3. Hopewell Energy (Philippines) Corporation. (Navotas I Project)
The Navotas I Project consists of three 70 MW oil-fired power
generating units located near the Navotas Fishport Complex, Manila,
Philippines. These units have been operating since 1991. CEPA indirectly
holds a 50.1% interest in the Project Company. CITICorp Vickers Companies,
Asian Development Bank and the International Finance Corporation each hold
more than 5% of the equity interests in the Project Company.
4. Hopewell Tileman (Philippines) Corporation. (Navotas II Project)
The Navotas II Project consists of a single 100 MW oil-fired peak-load
generating station located at the Navotas Fishing Complex, Manila, the
Philippines. The unit was placed in commercial operation in 1993. CEPA
indirectly holds a 100% interest in the Project Company.
5. Hopewell Mobile Power Systems Corporation. (Power Barges Project)
The Power Barges Project consists of nine 30 MW oil-fired, barge-mounted,
power plants at various locations in the Philippines. These units
were placed in service in 1993. CEPA holds a 100% interest in the Project
Company.
6. Hopewell Power (Philippines) Corporation. (Pagbilao Project)
The Pagbilao Project consists of two 367.5 MW coal-fired generating
units located at Pagbilao, Luzon Island, Philippines. These units were placed in
commercial operation in 1996. CEPA indirectly holds an 87% interest in the
Project Company.
7. CEPA Pangasinan Electric Ltd. (Sual Project)
The Sual Project, which is under construction, will consist of two 600
MW coal-fired units. These units are expected to be placed in commercial
operation in 1999. CEPA indirectly holds a 100% interest in the Project Company.
8. PT CEPA Indonesia (Tanjung Jati B Project)
The Tanjung Jati B Project, which has not yet commenced construction, will
consist of two 660 MW coal-fired generating units to be located at Tanjung,
on the north coast of Central Java, Indonesia. These units are expected to
commence commercial operation in 2000. CEPA indirectly holds an 80% interest in
the Project Company. The remaining 20% interest is held by PT Impa Energi, a
local company.
9. CEPA Energy Pakistan Ltd. (Keti Bandhar Project)
The Keti Bandar Project, which is under development, will consist of
two 660 MW coal-fired generating units to be located at Keti Bandar, Sindh
Province, approximately 140 km from Karachi, Pakistan. The units are expected to
be placed in commercial operation in 2001. CEPA holds a 100% interest in the
Project Company.
2. Name of any domestic associate public-utility company and, if applicable,
its holding company, and a description of the relationship between the foreign
utility company and such company, and the purchase price paid by any such
domestic associate public-utility company for its interest in the foreign
utility company.
The following domestic public-utility companies, each of which is a
direct or indirect wholly-owned subsidiary of Southern, are associate companies
of the Project Companies:
Alabama Power Company
Georgia Power Company
Gulf Power Company
Mississippi Power Company
Mobile Energy Services Company, L.L.C.
Savannah Electric and Power Company
Southern Electric Generating Company
None of the foregoing domestic public utility companies has made an
investment in or has any contractual relationship with any of the Project
Companies, and no such investment or contractual relationship is contemplated.
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EXHIBIT A
Inapplicable
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SIGNATURE
The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
SEI HOLDINGS, INC.
By: /s/ Tommy Chisholm
Tommy Chisholm, Secretary
Date: October 28, 1996
