51026044.1 061996 1302E 95217873
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 FOREIGN UTILITY COMPANY STATUS
Filed under Section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
Flores III 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. Heneghan 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 III Ltda. & S.C.A. E.S.P., a company organized
under Colombian law ("Flores III E.S.P."), hereby notifies the
Securities and Exchange Commission (the "Commission") that Flores
III 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 III 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 III E.S.P. will operate a proposed 150 megawatt
("MW") electric generating facility to be located in the city of
Barranquilla, Colombia (the "Facility"). The Facility will be
owned by FIG Leasing International III, Inc., which is also a
FUCO, and leased to Flores III E.S.P. Flores III E.S.P. will
have an option to purchase the Facility under certain conditions.
All capacity 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 2 MW. Illinova will acquire, indirectly
through subsidiaries of IGC, a 50% ownership and voting interest
in Flores III E.S.P. The remaining 50% ownership and voting
interest in Flores III 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 III E.S.P. IPC is a
direct, wholly owned subsidiary of Illinova. IPC has no direct
or indirect ownership interest in Flores III E.S.P. and has not
paid any portion of the purchase price for Illinova's interest in
Flores III E.S.P. Furthermore, IPC does not have any contractual
relationship with Flores III 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 exercise 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 __, 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 Regulation division, SEC
Alec Dreyer, Illinova Generating
160 North LaSalle, Suite C-800, Chicago, Illinois 60601-3104
