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SECURITIES AND EXCHANGE COMMISSION
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,
ON BEHALF OF
COMPANIA ANONIMA LUZ Y FUERZA ELECTRICAS DE PUERTO CABELLO
Enron Corp., an Oregon corporation ("Enron"), hereby files this Form
U-57 under Section 33(a) of the Public Utility Holding Company Act of 1935, as
amended (the "Act"), on behalf of Compania Anonima Luz y Fuerza Electricas de
Puerto Cabello, a Venezuelan company ("CALIFE"), for the purpose of notifying
the Securities and Exchange Commission that CALIFE is a "foreign utility
company" under such Section 33(a).
Industrias Electricas de Ventane, Ltd. ("IEV"), a Cayman Islands
company, acquired 2,702,992 shares of capital stock (representing 93.59% of the
outstanding shares) of CALIFE on May 29, 1998. IEV is a wholly-owned subsidiary
of Industrias Ventane, S.A., a Venezuela company, which is a wholly-owned
subsidiary of V. Holdings Industries, S.A., a Venezuela corporation, which is a
wholly-owned subsidiary of The Protane Corporation, a Delaware corporation,
which is a wholly-owned subsidiary of Enron Americas, Inc., a Delaware
corporation, which is a wholly-owned subsidiary of Enron.
ITEM 1
Set forth below is the following information for CALIFE: (a) its
name; (b) its business address; (c) a description of its facilities used for
the distribution at retail of natural or manufactured gas; and (d) to the
extent known, the name of each person that holds five percent or more of any
class of its voting securities.
(a) Name: Compania Anonima Luz y Fuerza Electricas de
Puerto Cabello.
(b) Business Address: Multicentra Empresarial del Este,
Torre Libertado
Nucleo A, Piso 15, Ofc. A-154
Av. Libertador
Chacao, Caracas 1060
Republic of Venezuela
(c) Description of Facilities: Electric distribution
facilities serving customers in the municipalities of
Puerto Cabello and Juan Jose Mora, Venezuela, and in other
portions of the Venezuelan states of Carabobo, Yaracuy and
Falcon.
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(d) Shareholders:
Name Number Percentage
---- ------ ----------
IEV 2,702,992 93.59
Municipality of Puerto Cabello 185,136 6.41
ITEM 2
Domestic Associate Public-Utility Companies. A subsidiary of Enron,
Portland General Electric Company, an Oregon corporation, is a public utility
that is engaged in the generation, transmission and distribution of electricity
predominately in the State of Oregon. Accordingly, Enron is a "holding company"
and Portland General Electric Company will be an "associate company" of Calife,
as such terms are defined in the Act. Enron is exempt from the provisions of
the Act (other than Section 9(a)(2)) by reason of Section 3(a)(1) of the Act
and Rule 250.2 promulgated under the Act. Portland General Electric Company
will not own any of the shares of Calife.
State Commission Certification. The certification of the Oregon
Public Utility Commission that is required under Section 33(a)(2) of the Act
was filed by Enron with the Commission on July 18, 1997, as an attachment to a
Form U-57 on behalf of Companhia Estadual de Gas do Rio de Janeiro and Riogas
S.A. Such certification is hereby incorporated by reference.
The undersigned company has duly caused this statement to be signed
on its behalf by the undersigned thereunto duly authorized.
ENRON CORP.
By: /s/ JAMES V. DERRICK, JR.
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James V. Derrick, Jr.
Executive Vice President and
General Counsel
March 1, 2000
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