<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C.
FORM U-3A-2/A
Statement by Holding Company Claiming Exemption Under Rule U-3A-2 from the
Provisions of the Public Utility Holding Company Act of 1935
To Be Filed Annually Prior to March 1
ENRON CORP.
(an Oregon corporation)
hereby files with the Securities and Exchange Commission, pursuant to Rule 2,
its statement claiming exemption as a holding company from the provisions of the
Public Utility Holding Company Act of 1935, and submits the following
information. This Form amends and restates in it entirety the Form U-3A-2 filed
by Enron Corp. with the Securities and Exchange Commission on March 2, 1998 and
is effective for the reporting period ended December 31, 1997.
1. Name, State of organization, location and nature of business of
claimant and every subsidiary thereof, other than any exempt wholesale generator
(EWG) or foreign utility company in which claimant directly or indirectly holds
an interest.
SEE APPENDIX I.
2. A brief description of the properties of claimant and each of its
subsidiary public utility companies used for the generation, transmission, and
distribution of electric energy for sale, or for the production, transmission,
and distribution of natural or manufactured gas, indicating the location of
principal generating plants, transmission lines, producing fields, gas
manufacturing plants, and electric and gas distribution facilities, including
all such properties which are outside the State in which claimant and its
subsidiaries are organized and all transmission or pipelines which deliver or
receive electric energy or gas at the borders of such State.
SEE APPENDIX II.
<PAGE> 2
3. The following information of the last calendar year with respect
to claimant and each of its subsidiary public utility companies:
(a) Number of kWh of electric energy sold at retail and wholesale:
Retail: 18,254,801,277 kWh
Wholesale: 26,934,624,000 kWh
(b) Number of kWh of electric energy and Mcf of natural or
manufactured gas distributed at retail outside the State in which each such
company is organized:
Number of kWh of electric energy distributed at retail
outside the State in which each Company is organized - None
(c) Number of kWh of electric energy and Mcf of natural or
manufactured gas distributed at wholesale outside the State in which each such
company is organized, or at the State line:
26,656,139 kWh - Delivery of electric energy is primarily
at the Malin substation in Southern Oregon with ultimate
use in California.
28,857,101 Mcf of natural gas with ultimate use in California.
(d) Number of kWh of electric energy and Mcf of natural or
manufactured gas purchased outside the State in which each such company is
organized or at the State line:
Portland General Electric Company ("PGE") purchased
electric energy from certain nonassociated utilities,
municipalities, wholesale marketers, and public
authorities, such as Bonneville Power Administration
("BPA") and public utility districts, which are either
located in or have generation facilities located outside
the State of Oregon:
31,964,564 kWh - Delivery of electric energy is through BPA
transmission lines to PGE interconnections in Oregon.
50,853,908 Mcf - Natural gas purchases outside the State
of Oregon.
4. The following information for the reporting period with respect to
claimant and each interest it holds directly or indirectly in an EWG or a
foreign utility company, stating monetary amounts in United States dollars:
(a) Name, location, business address and description of the
facilities used by the EWG or foreign utility company for the generation,
transmission and distribution of electric energy for sale or for the
distribution at retail of natural or manufactured gas.
2
<PAGE> 3
EXEMPT WHOLESALE GENERATORS
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
% ENRON
SUBSIDIARY INCORPORATION/ CITY STATE PURPOSE OWNERSHIP
FORMATION
<S> <C> <C> <C> <C> <C>
- ---------------------------------------------------------------------------------------------------------------------------------
Dabhol Power Company India Dabhol Maharashstra Own and operate power plant 80.00
in state of Maharashtra,
India
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Europe Operations Limited England London England To hold Enron Power Corp.'s 100.00
equity positions in the
various joint venture
projects being developed in
the United Kingdom.
- ---------------------------------------------------------------------------------------------------------------------------------
Hainan Meinan Power Company CJV China Haikou, China To develop, build, own, 50.00
Hainan operate, maintain, manage,
Province and administer the power
plant, arrange financing for
the power plant, and produce
and sell electricity.
- ---------------------------------------------------------------------------------------------------------------------------------
Lake Benton Power Partners L.L.C Delaware Tehachapi California To own and operate a 78.33
107.25MW wind turbine
generation facility under
development near Lake
Benton, Minnesota, and to
sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Trakya Elektrik Uretim ve Ticaret A.S Turkey Kavaklidere/ Turkey To build and operate power 50.00
Ankara stations; to generate
wholesale electrical energy.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond Development Corporation California Tehachapi California To own and operate a 112MW 78.33
wind turbine generation
facility under development
near Alta, Iowa, and to sell
the power generated there at
wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystems Partners I California Tehacahapi California To own and operate a 19.5MW 0.50
wind turbine generation
facility located near Palm
Springs, California, and to
sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystems Partners II California Tehacahapi California To own and operate a 10.4MW 0.50
wind turbine generation
facility located near Palm
Springs, California, and to
sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond Systems, Inc. California Tehacahapi California To own and operate wind 78.33
turbine generation
facilities and to sell the
power generated there at
wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
ZWHC L.L.C. Delaware Tehacahapi California To own and operate a 20MW 50.00
wind turbine generation
facility located near
Tehachapi, California and to
sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., California Tehacahapi California To own and operate a 14.2MW 1.00
Series 85-A wind turbine generation
facility located near Tehachapi,
California and to sell the
power generated there at
wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., California Tehacahapi California To own and operate a 21.4MW 1.00
Series 85-B wind turbine generation
facility located near
Tehachapi, California and
to sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., California Tehacahapi California To own and operate an 18MW 1.00
Series 85-C wind turbine generation
facility located in Alameda
County, California and to
sell the power generated
there at wholesale.
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
3
<PAGE> 4
FOREIGN UTILITY COMPANIES
<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
%ENRON
SUBSIDIARY INCORPORATION/ CITY STATE PURPOSE OWNERSHIP
FORMATION
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Batangas Power Corp. Philippines Makati, Philippines To own and operate a power plant 50.00
Metro facility in Batangas, Republic
Manila of the Philippines.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Bahia S.A. Brazil Bahia Brazil Gas distribution company in the 41.50
state of Bahia.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Santa Catarina Brazil Santa Brazil Gas distribution company in the 41.00
S.A. Catarina state of Santa Catarina.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia Estadual de Gas do Rio de Brazil Rio de Rio de To build, own and operate a 25.3833
Janeiro Janeiro Janeiro pipeline network in the State of
Rio de Janeiro, Brazil.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia Paraibana de Gas S.A. Brazil Paraiba Brazil Gas distribution company in the 41.50
state of Paraiba.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia Paranaense de Gas S.A. Brazil Parana Brazil Gas distribution company in the 24.50
state of Parana.
- ---------------------------------------------------------------------------------------------------------------------------------
Companhia Pernambucana de Gas S.A. Brazil Pernambuco Brazil Gas distribution company in the 41.50
state of Pernambuco.
- ---------------------------------------------------------------------------------------------------------------------------------
EcoElectrica, L.P. Bermuda Penaclas Puerto Rico To design, construct and own a 50.00
power generating facility in
Puerto Rico.
- ---------------------------------------------------------------------------------------------------------------------------------
ECT Colombia Pipeline Holdings 2 Cayman Islands Grand Cayman To be utilized in connection 100.00
Ltd. Cayman Islands with the bid to purchase shares
in PROMIGAS S.A., ESP.
- ---------------------------------------------------------------------------------------------------------------------------------
Electricidad Enron de Guatemala, Guatemala None listed Guatemala Development and construction of 100.00
S.A. a power facility in Guatemala.
- ---------------------------------------------------------------------------------------------------------------------------------
Empresa Sergipana de Gas S.A. Brazil Sergipe Brazil Gas distribution company in the 41.50
state of Sergipe.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Capital & Trade Resources England London England To hold Enron Power Corp.'s 100.00
Limited equity positions in the various
joint venture projects being
developed in the United Kingdom.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Development Piti L.L.C. Delaware Tamuning Guam To own and operate a power plant 50.00
facility in Piti, Guam.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Equity Corp. Delaware Houston Texas To provide a deconsolidated 73.00
entity for tax purposes into
which earnings of Transportadora
de Gas del Sur, S.A., Batangas
Power Corp., and Subic Power
Corp. will flow.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Power Operations Teesside England London England Operations and Management 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippines Corp. Philippines Metro Philippines Holding company for interests 100.00
Manila in power plant facilities in
the Republic of the Philippines.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippine Operating Delaware Houston Texas Operation of Philippine based 100.00
Corp. power generating facility at
Batangas.
- ---------------------------------------------------------------------------------------------------------------------------------
Enron Subic Power Corp. Philippines Manila Philippines Lease and operate electric/power 99.00
generating facilities.
- ---------------------------------------------------------------------------------------------------------------------------------
Gas de Alagoas S.A. Brazil Alagoas Brazil Gas distribution company in the 41.50
state of Alagoas.
- ---------------------------------------------------------------------------------------------------------------------------------
Promigas S.A., E.S.P. Colombia Barranquilla Colombia Engaged in business of natural 38.67
gas transportation, operation of
natural gas pipelines for third
parties, pipeline services and
the utilization of compressed
natural gas.
- ---------------------------------------------------------------------------------------------------------------------------------
Puerto Quetzal Power Corp. Delaware Houston Texas Operation and Management 50.00
- ---------------------------------------------------------------------------------------------------------------------------------
Riogas S.A. Brazil Rio de Rio de To build, own and operate a gas 29.335
Janeiro Janeiro pipeline network in the State of
Rio de Janeiro, Brazil
- ---------------------------------------------------------------------------------------------------------------------------------
San Juan Gas Company, Inc. Puerto Rico Mirimar Puerto Rico Distribution and sale of gas via 100.00
Santurce underground pipeline system in
San Juan,Puerto Rico
- ---------------------------------------------------------------------------------------------------------------------------------
Sarlux S.R.L. Italy N/A Italy To participate in the Sarlux 45.00
IGCC Power Project.
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
4
<PAGE> 5
FOREIGN UTILITY COMPANIES (CONTINUED)
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
%ENRON
SUBSIDIARY INCORPORATION/ CITY STATE PURPOSE OWNERSHIP
FORMATION
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Smith/Enron Cogeneration Limited Turks & Caicos Grand Turks & To construct, acquire and own, 50.00
Partnership Isles Turk Caicos, manage and operate the project
Island, (a 185 MW barge -mounted power
B.W.I. generation facility.)
- -------------------------------------------------------------------------------------------------------------------------------
Smith/Enron O&M Limited Partnership Turks & Caicos Grand Turks & To operate and maintain the 50.00
Isles Turk Caicos, approx. 185 MW power plant to
Island, be constructed near Puerto
B.W.I. Plata, Dom. Rep.
- -------------------------------------------------------------------------------------------------------------------------------
Subic Power Corp. Philippines Metro Philippines To design, construct, own and 50.00
Manila operate power generating
facilities in the Republic of
the Philippines.
- -------------------------------------------------------------------------------------------------------------------------------
Sutton Bridge Power England London England Development of a gas-fired power 25.00
plant located at Sutton Bridge
in Lincolnshire, England.
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Processing Limited England London England Responsible for the gas liquids 100.00
and gas processing plant being
built in conjunction w/Teesside
Cogen plant.
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Transportation Limited England London England Responsible for gas supply going 100.00
to the Teesside Cogen plant.
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Holdings Limited England London England Main Activity: Holding Company 85.00
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Limited England London England Pending 31.00
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(b) Name of each system company that holds an interest in such EWG or
foreign utility company; and description of the interest held.
SEE EXHIBIT C AND APPENDIX I FOR A DESCRIPTION OF THE
INTEREST HELD.
(c) Type and amount of capital invested, directly or indirectly, by
the holding company claiming exemption; any direct or indirect guarantee of the
security of the EWG or foreign utility company by the holding company claiming
exemption; and any debt or other financial obligation for which there is
recourse, directly or indirectly, to the holding company claiming exemption or
another system company, other than the EWG or foreign utility company.
(For calendar year ended December 31, 1997)
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
GUARANTEES/
SUBSIDIARY CAPITAL INVESTED RECOURSE DEBT NOTES
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
EXEMPT WHOLESALE GENERATORS
- -------------------------------------------------------------------------------------------------------------------------------
Dabhol Power Company Equity 287,501,000 298,062,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Enron Europe Operations Limited Equity 164,000
- -------------------------------------------------------------------------------------------------------------------------------
Hainan Meinan Power Company CJV Equity/Debt 108,154,000
- -------------------------------------------------------------------------------------------------------------------------------
Lake Benton Power Partners L.L.C Equity 1,000 59,000,000 (b)
- -------------------------------------------------------------------------------------------------------------------------------
Trakya Elektrik Uretim ve Ticaret A.S. Equity 36,630,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Development Corporation Equity 1,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystem Partners I Equity 275,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystems Partners II Equity 149,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Systems, Inc. Equity 5,075,000
- -------------------------------------------------------------------------------------------------------------------------------
ZWHC L.L.C. Equity 2,315,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., Series 85-A Equity 382,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., Series 85-B Equity 552,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners, Ltd., Series 85-C Equity 431,000
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
5
<TABLE>
<CAPTION>
GUARANTEES/
SUBSIDIARY CAPITAL INVESTED RECOURSE DEBT NOTES
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
FOREIGN UTILITY COMPANIES
- -------------------------------------------------------------------------------------------------------------------------------
Batangas Power Corp. Equity 17,260,000 21,000,000 (c)
5,530,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Bahia S.A. Equity 27,334,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Santa Catarina S.A. Equity 4,527,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Estadual de Gas do Rio de Janeiro Equity 1,838,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Paraibana de Gas S.A. Equity 5,012,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Paranaense de Gas S.A. Equity 1,991,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Pernambucana de Gas S.A. Equity 51,008,000
- -------------------------------------------------------------------------------------------------------------------------------
EcoElectrica, L.P. Equity 12,064,000
- -------------------------------------------------------------------------------------------------------------------------------
ECT Colombia Pipeline Holdings 2 Ltd. Equity 20,802,000 (e)
- -------------------------------------------------------------------------------------------------------------------------------
Electricidad Enron de Guatemala, S.A. Equity/Debt 1,802,000
- -------------------------------------------------------------------------------------------------------------------------------
Empresa Sergipana de Gas S.A. Equity 18,253,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Capital & Trade Resources Limited Equity 12
- -------------------------------------------------------------------------------------------------------------------------------
Enron Development Piti L.L.C. Equity 1,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Equity Corp. Equity 121,607,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Operations Teesside Equity 100
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippines Corp. Equity 30,908,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippine Operating Corp. Equity 1,000
- -------------------------------------------------------------------------------------------------------------------------------
Gas de Alagoas S.A. Equity 27,559,000
- -------------------------------------------------------------------------------------------------------------------------------
Promigas S.A., E.S.P. Equity 100,488,000
- -------------------------------------------------------------------------------------------------------------------------------
Puerto Quetzal Power Corp. Equity 16,500,000 5,500,000 (c)
- -------------------------------------------------------------------------------------------------------------------------------
Riogas S.A. Equity 7,378,000
- -------------------------------------------------------------------------------------------------------------------------------
San Juan Gas Company Equity/Debt 20,564,000 4,500,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Sarlux S.R.L. Equity 36,957,000
- -------------------------------------------------------------------------------------------------------------------------------
Smith/Enron Cogeneration Limited Partnership Equity 30,647,000 68,833,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Smith/Enron O&M Limited Partnership Equity
- -------------------------------------------------------------------------------------------------------------------------------
Subic Power Corp. Equity 13,128,000 4,046,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Sutton Bridge Power Equity 9,003,000
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Processing Limited Equity 3
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Transportation Limited Equity 12,921,000
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Holdings Limited Equity 2,000 (d)
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Limited Equity/Debt 125,653,000 159,172,000 (c)
65,930,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(a) Guarantees issued to support trade obligations and
debt
(b) Guarantees issued to support future equity funding (c) Guarantees issued
to support letters of credit (d) Holding company - holds investment in
Teesside Power Ltd.
(e) Holding company - holds investment in Promigas S.A. E.S.P.
6
<PAGE> 6
(d) Capitalization and earnings of the EWG or foreign utility company
during the reporting period.
(For calendar year ended December 31, 1997)
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
SUBSIDIARY CAPITALIZATION NET EARNINGS NOTES
<S> <C> <C> <C>
- -------------------------------------------------------------------------------------------------------------------------------
EXEMPT WHOLESALE GENERATORS
- -------------------------------------------------------------------------------------------------------------------------------
Dabhol Power Company 839,312,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Enron Europe Operations Limited 1,000 2,000
- -------------------------------------------------------------------------------------------------------------------------------
Hainan Meinan Power Company CJV 109,252,000 (7,481,000) (a)
- -------------------------------------------------------------------------------------------------------------------------------
Lake Benton Power Partners L.L.C 56,107,000 87,000
- -------------------------------------------------------------------------------------------------------------------------------
Trakya Elektrik Uretim ve Ticaret A.S. 299,699,000 (2,208,000) (a)
- -------------------------------------------------------------------------------------------------------------------------------
Zond Development Corporation 1,019,000 (19,000) (b)
- -------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystem Partners I 6,664,000 1,422,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond-PanAero Windsystem Partners II 3,575,000 870,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Systems, Inc. 34,829,000 2,205,000 (b)
- -------------------------------------------------------------------------------------------------------------------------------
ZWHC L.L.C. 5,475,000 846,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners Ltd., Series 85-A 3,471,000 (59,000)
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners Ltd., Series 85-B 5,272,000 102,000
- -------------------------------------------------------------------------------------------------------------------------------
Zond Windsystems Partners Ltd., Series 85-C 4,616,000 (253,000)
- -------------------------------------------------------------------------------------------------------------------------------
FOREIGN UTILITY COMPANIES
- -------------------------------------------------------------------------------------------------------------------------------
Batangas Power Corp. 93,299,000 15,145,000
- -------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Bahia S.A. 4,354,000 4,311,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia de Gas de Santa Catarina S.A. 721,000 - (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Estadual de Gas do Rio de Janeiro 135,363,000 (59,252,000) (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Paraibana de Gas S.A. 798,000 539,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Paranaense de Gas S.A. 317,000 - (a)
- -------------------------------------------------------------------------------------------------------------------------------
Companhia Pernambucana de Gas S.A. 8,125,000 2,272,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
EcoElectrica, L.P. 150,082,000 -
- -------------------------------------------------------------------------------------------------------------------------------
ECT Colombia Pipeline Holdings 2 Ltd. 119,652,000 21,460,000
- -------------------------------------------------------------------------------------------------------------------------------
Electricidad Enron de Guatemala, S.A. 1,405,000 (23,000)
- -------------------------------------------------------------------------------------------------------------------------------
Empresa Sergipana de Gas S.A. 2,508,000 421,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Enron Capital & Trade Resources Limited 91,046,000 22,053,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Development Piti L.L.C. 37,595,000 -
- -------------------------------------------------------------------------------------------------------------------------------
Enron Equity Corp. 401,023,000 53,714,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Operations Teesside 65,839,000 6,399,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippines Corp. 79,761,000 12,110,000
- -------------------------------------------------------------------------------------------------------------------------------
Enron Power Philippine Operating Corp. - -
- -------------------------------------------------------------------------------------------------------------------------------
Enron Subic Power Corp 536,000 414,000
- -------------------------------------------------------------------------------------------------------------------------------
Gas de Alagoas S.A. 3,787,000 1,094,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
Promigas S.A., E.S.P. 322,328,000 31,102,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
7
<PAGE> 7
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
SUBSIDIARY CAPITALIZATION NET EARNINGS NOTES
<S> <C> <C> <C>
- -------------------------------------------------------------------------------------------------------------------------------
FOREIGN UTILITY COMPANIES (CONTINUED)
- -------------------------------------------------------------------------------------------------------------------------------
Puerto Quetzal Power Corp. 83,979,000 7,244,000
- -------------------------------------------------------------------------------------------------------------------------------
Riogas S.A. 17,993,000 116,000 (a)
- -------------------------------------------------------------------------------------------------------------------------------
San Juan Gas Company 9,410,000 (3,677,000)
- -------------------------------------------------------------------------------------------------------------------------------
Sarlux S.R.L. - - (c)
- -------------------------------------------------------------------------------------------------------------------------------
Smith/Enron Cogeneration Limited Partnership 270,619,000 26,175,000
- -------------------------------------------------------------------------------------------------------------------------------
Smith/Enron O&M Limited Partnership 3,595,000 2,256,000
- -------------------------------------------------------------------------------------------------------------------------------
Subic Power Corp. 111,895,000 6,582,000
- -------------------------------------------------------------------------------------------------------------------------------
Sutton Bridge Power 118,399,000 954,000
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Processing Limited - -
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Gas Transportation Limited 30,138,000 31,422,000
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Holdings Limited 225,506,000 9,783,000
- -------------------------------------------------------------------------------------------------------------------------------
Teesside Power Limited 1,572,362,000 23,340,000
- -------------------------------------------------------------------------------------------------------------------------------
</TABLE>
(a) Not U.S. GAAP.
(b) No separate financial statements are produced for this entity - amounts
calculated from consolidating financial statements.
(c) Project under construction - no financial statement available.
[Intentionally left blank.]
8
<PAGE> 8
(e) Identify any service, sales or construction contract(s) between
EWG or foreign utility company and a system company, and describe the services
to be rendered or goods sold and fees or revenues under such agreement(s).
SEE APPENDIX III WHICH HAS BEEN FILED CONFIDENTIALLY WITH
THE SECURITIES AND EXCHANGE COMMISSION.
The above-named claimant has caused this statement to be duly
executed on its behalf by its authorized officer on this 30th day of March,
1998.
ENRON CORP.
/s/ Robert H. Butts
-------------------------------
By: Robert H. Butts
Title: Vice President and Controller
CORPORATE SEAL
Attest:
/s/ Kate B. Cole
- -------------------------------------
Name, title, and address of officer to whom notices and correspondence
concerning this statement should be addressed:
Robert D. Eickenroht, Assistant General Counsel
- --------------------------------------------------
(Name) (Title)
1400 Smith Street, EB4854
Houston, Texas 77002
- ----------------------------------
Telephone: 713/853-3155
Telecopy: 713/646-5847
9
<PAGE> 9
12/31/97
SEC FORM U-3A-2/A
APPENDIX I
Enron Corp. Subsidiary Interests
Filed with the Securities and Exchange Commission
pursuant to Rule 202 of Regulation S-T
<PAGE> 10
12/31/97
SEC FORM U-3A-2/A
APPENDIX II
Enron Corp. properties and subsidiary public utility company interests
<TABLE>
<CAPTION>
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
SUBSIDIARY PLACE OF PRINCIPAL PRINCIPAL PURPOSE % ENRON
INCORPORATION ADDRESS ADDRESS OWNERSHIP
CITY STATE
<S> <C> <C> <C> <C> <C>
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
PORTLAND GENERAL ELECTRIC COMPANY Oregon Portland Oregon Electric utility. 100.00
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
Portland General Transport Corporation Oregon Portland Oregon Sale of segmented gas 100.00
pipeline capacity,
currently inactive.
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
121 S.W. Salmon St. Corporation Oregon Portland Oregon Leases PGE 100.00
Headquarters.
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
Worldwide Trade Center Oregon Portland Oregon Development of World 100.00
Northwest Corporation Trade Center complex
in Portland, Oregon.
- ------------------------------------------------ -------------- ----------- ------------ ----------------------- ------------
</TABLE>
Enron Corp. has no properties other than the stock of its subsidiaries and an
immaterial amount of office equipment and furniture. Its only public utility
subsidiary is Portland General Electric Company ("PGE"). PGE is engaged in the
generation, purchase, transmission, distribution and sale of electric energy in
Oregon. PGE has a 321 MW ownership interest in generating plants in Washington
(1 plant) and Montana (2 plants), comprising approximately 15% of its total
generating capacity. PGE sells electric energy at wholesale in interstate
commerce to electric utilities located in other states, primarily California.
PGE purchases electric energy from public utility districts located in
Washington and from nonassociated utilities in Oregon, Washington, Montana,
Idaho, Arizona, New Mexico, California and Canada. PGE purchases surplus
electric energy from the Bonneville Power Administration ("BPA"), a federal
agency that markets electric energy generated by federal hydroelectric dams
located on the Columbia River in Oregon and Washington.
PGE owns wholly or jointly the following generating facilities:
<TABLE>
<CAPTION>
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Percent of Company's Fuel
Name Location Net Capability (MW) Interest
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
<S> <C> <C> <C> <C>
Sullivan West Linn, OR 16 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Faraday Estacada, OR 44 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
River Mill Estacada, OR 23 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Bull Run Bull Run, OR 22 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Oak Grove Three Lynx, OR 44 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Pelton Madras, OR 108 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
North Fork Estacada, OR 54 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Round Butte Madras, OR 300 100.0 Hydro
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Centralia Centralia, OR 1,310 2.5 Coal
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Bethel Salem, OR 116 100.0 Gas or Oil
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Beaver Clatskanie, OR 500 100.0 Gas or Oil
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Boardman Boardman, OR 508 65.0 Coal
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Colstrip 3&4 Colstrip, MT 1,440 20.0 Coal
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
Coyote Springs Boardman, OR 241 100.0 Gas or Oil
- ---------------------------- ---------------------------- ---------------------- ------------------------- ------------------
</TABLE>
<PAGE> 11
12/31/97
SEC FORM U-3A-2/A
APPENDIX II
(CONTINUED)
PGE's electric distribution system is located within its service territory in
Oregon. PGE serves an area of 3,170 square miles, including 54 incorporated
cities. PGE has transmission lines for the delivery of electricity from its
plants located in Oregon to its service territory or to the Northwest grid.
Electric energy from the plants located in other states is delivered to PGE over
the Northwest grid. PGE owns 20% of the Pacific Northwest Intertie, a 4,800 MW
transmission facility between John Day, in Northern Oregon, and Malin, in
Southern Oregon near the California border. This line is used primarily for
interstate sales and purchases of electric energy among BPA, utilities in the
Pacific Northwest, including PGE, and California utilities.
PGE has a 90% ownership interest in a 20 inch diameter natural gas pipeline that
runs approximately 18 miles from its Beaver generating plant, located in
Clatskanie, Oregon, to Cowlitz County Washington where it interconnects with the
interstate gas distribution system of Northwest Pipeline Company.
<PAGE> 12
12/31/97
SEC FORM U-3A-2/A
APPENDIX III
A description of service, sales or construction contracts between any EWG or
foreign utility company and a system company.
Filed confidentially with the
Securities and Exchange Commission
pursuant to Rule 104 as promulgated under the
Public Utility Holding Company Act
<PAGE> 1
12/31/97
SEC FORM U-3A-2/A
EXHIBIT A
A consolidating statement of income and surplus of the claimant and its
subsidiary companies for the last calendar year, together with a consolidating
balance sheet of claimant and its subsidiary companies as of the close of such
calendar year.
Filed confidentially with the
Securities and Exchange Commission
pursuant to Rule 104 as promulgated under the
Public Utility Holding Company Act
<PAGE> 1
12/31/97
SEC FORM U-3A-2/A
EXHIBIT B
Financial Data Schedule
Enron Corp.
(for the calendar year ended December 31, 1997)
If, at the time a report on this form is filed, the registrant is required to
submit this report and any amendments thereto electronically via EDGAR, the
registrant shall furnish a Financial Data Schedule. The Schedule shall set forth
the financial and other data specified below that are applicable to the
registrant on a consolidated basis.
Total Assets $23,422,000,000
Total Operating Revenue $20,273,000,000
Net Income $105,000,000
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12/31/97
SEC FORM U-3A-2/A
EXHIBIT C
An organization chart showing the relationship of each EWG or foreign utility
company to associate companies in the holding company system.
Filed with the Securities and Exchange Commission
pursuant to Rule 202 of Regulation S-T
