<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): October 10, 2000
BAYCORP HOLDINGS, LTD.
------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware
----------------------------------------------
(State or Other Jurisdiction of Incorporation)
1-12527 02-0488443
(Commission File Number) (I.R.S. Employer Identification Number)
20 International Drive, Suite 301
Portsmouth, New Hampshire 03801-6809
(Address of Principal Executive Offices) (Zip Code)
(603) 431-6600
----------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
Not Applicable
-------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
ITEM 5. OTHER EVENTS.
In an agreement dated as of October 10, 2000, BayCorp Holdings, Ltd., Great
Bay Power Corporation ("Great Bay") and Little Bay Power Corporation ("Little
Bay"), wholly-owned subsidiaries of BayCorp Holdings, Ltd., agreed to sell the
interests in the Seabrook Nuclear Power Plant of Great Bay and Little Bay by
including their aggregate 15% ownership share in the upcoming sale of Northeast
Utilities' subsidiaries' shares of the Seabrook Plant to be conducted pursuant
to the settlement agreement reached in 1999 between Northeast Utilities'
subsidiaries and the State of New Hampshire. A press release describing the
agreement in greater detail is attached hereto as Exhibit 99.1 to this Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BAYCORP HOLDINGS, LTD.
October 13, 2000 By: /s/ Anthony M. Callendrello
-------------------------------------
Anthony M. Callendrello
Chief Operating Officer and Secretary
<PAGE> 3
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press Release of BayCorp Holdings, Ltd. dated October 12, 2000.