ILLINOVA GENERATING CO
U-57, 1996-06-21
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THIS DOCUMENT IS A COPY OF THE NOTIFICATION ON FORM U-57 FILED ON JUNE 13,
1996 PURSUANT TO A RULE 201 TEMPORARY HARDSHIP EXEMPTION

                   SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.

                                 FORM U-57

               NOTIFICATION OF FOREGIN UTILITY COMPANY STATUS

                      Filed under Section 33(a) of the

             Public Utility Holding Company Act of 1935, as amended

                        Flores II Ltda. & Cia S.C.A. E.S.P
                        __________________________________
                        (Name of foreign utility company)


                           Illinova Generating Company
                           ____________________________
                       (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:

Michael R. Henneghan                         J. Paul Forrester
Vice President - Finance                     Mayer, Brown & Platt
and Treasurer                                190 South La Salle Street
Illinova Generating Company                  Chicago, Illinois  60603-3441
2828 North Monroe
Decatur, Illinois  62523-1210

Illinova Generating Company ("IGC"), an Illinois corporation and a subsidiary
of Illinova Corporation ("Illinova"), an exempt holding company under Section
3(a)(1) of the Public Utility Holding Company Act of 1935, as amended (the 
"Act"), acting on behalf of Flores II Ltda. & Cia S.C.A. E.S.P., a company 
organized under Columbian law ("Flores II E.S.P."), hereby notifies the
Securities and Exchange Commission (the "Commission") that Flores II E.S.P.
is, and claims status as., a "foreign utility company" within the meaning of
Section 33 of the Act ("FUCO").

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

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

           Flores II Ltda. & Cia S.C.A. E.S.P.
           c/o Fidugan
           Carrera 7 No. 71-52 Torre A Piso 10
           Santa Fe de Bogota, D.C. Colombia
           Attention:  Carolyn Mondragon
           Facsimile No.:  011-571-3120601
           Confirmation No.:  011-571-3123711

    with a copy to:

           c/o Illinova Generating Company
           2828 North Monroe
           Decatur, Illinois  62523-1210
           Attention:  Secretary
           Facsimile No.:  (217) 876-7475
           Confirmation No.:  (217) 876-7476

Flores II E.S.P. operates a 100 megawatt ("MW") electric generating facility
located in the city of Barranquilla, Colombia (the "Facility").  The Facility
is owned by Banco Ganadero S.A., a Panamanian bank, and leased to Flores II
E.S.P.  Flores II E.S.P. has an option to purchase the Facility under certain
conditions.  All capcity and energy from the Facility will be sold at wholesale
in the open market in Colombia to users with a minimum demand in excess of 2MW.
Illinova will acquire, indirectly through subsidiaries of IGC, a 50% ownership 
and voting interest in Flores II E.S.P.  The remaining 50% ownership and 
voting interest in Flores II E.S.P. is held by various legal entities, none
of which is an associate company of a public-utility company located in the
United States.

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

Illinois Power Company ("IPC"), which provides electric service in portions 
of the State of Illinois, is a domestic public utility associate company of
Flores II E.S.P.  IPC is a direct, wholly owned subsidiary of Illinova.  IPC
has no direct or indirect ownership interest in Flores II E.S.P. and has not
paid any portion of the purchase price for Illinova's interest in Flores II
E.S.P.  Furthermore, IPC does not have any contractual relationship with
Flores II E.S.P.

EXHIBIT A.  State Certification.

Pursuant to Section 33(a)(2) of the Act, filed herewith as Exhibit A is a
letter, dated January 5, 1996, from the Illinois Commerce Commission (the
"ICC"), certifying that the ICC has the authority and resources to protect
IPC's ratepayers subject to ICC jurisdiction and intends to excerise its
authority.

                               SIGNATURE

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

                                          ILLINOVA GENERATING COMPANY


                                          By:__________________________

Dated:  June 13, 1996


Exhibit A                

                          STATE OF ILLINOIS

                     ILLINOIS COMMERCE COMMISSION

January 5, 1996

Office of the Secretary
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

Dear Sirs:

We are writing to you with respect to Illinois Power Company and its 
affiliated company, Illinova Generating Company.  Illinova Generating
Company, through its subsidiaries or through other entities, intends to
hold an ownership interest in electric facilities in one or more foreign
countries.  We submit this letter pursuant to the requirements of Section
33(a)(2) of the Public Utility Holding Company Act of 1935, as amended
(the "Act").

The Illinois Commerce Commission hereby certifies to you that we have,
pursuant to the Illinois Public Utilities Act, the authority to protect
ratepayers subject to our jurisdiction and that we, as the public utility
regulatory body for the State of Illinois, intend to exercise our authority
to the fullest extent allowed by State and Federal law.

We have jurisdiction over the retail electric and gas rates of Illinois
Power Company, which is a public utility company as such term is defined
in the Act.

Sincerely,


Dan Miller
Chairman

cc:  Robert Watson, Public Utility Regulatory Division, SEC
     Alec Dreyer, Illinova Generating

         160 North LaSalle, Suite C-800, Chicago, Illinois  60601-3104



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