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As Filed with the Securities and
Exchange Commission on September 2, 1998
File Number 70-9069
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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POST-EFFECTIVE AMENDMENT NO. 2
TO
FORM U-1 APPLICATION/DECLARATION
UNDER THE
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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CONECTIV
800 King Street
Wilmington DE 19899
(Name of company filing this statement and
address of principal executive office)
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Conectiv
(Name of top registered holding company parent)
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Louis M. Walters
Treasurer
Conectiv
800 King Street
Wilmington, DE 19899
(Name and address of agents for service)
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The Commission is requested to send copies of all notices, orders and
communications in connection with this Application/Declaration to:
Peter F. Clark, Esq. Joyce Koria Hayes, Esq.
Conectiv 7 Graham Court
800 King Street Newark, DE 19711
Wilmington, DE 19899
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The Application-Declaration as previously filed and amended is hereby amended as
follows:
Item 6. Exhibits
The following exhibits are made a part of this statement:
(a) Exhibits
J-8.1 Amendment to Description of Nonutility Businesses.
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SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned company has duly caused this Post-Effective Amendment to
be signed on its behalf by the undersigned thereunto duly authorized.
CONECTIV
By: /s/ LOUIS M. WALTERS
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Louis M. Walters
Treasurer
Date: September 2, 1998
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EXHIBIT INDEX
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J-8.1 Amendment to Description of Nonutility Businesses.
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EXHIBIT J-8
DESCRIPTION OF NONUTILITY BUSINESSES
New subparagraph h. as added to Paragraph B.2 by Post-effective Amendment No. 1
is revised to read as follows:
h. AEE owns a 2.6% limited partnership interest in Tech
Leaders II, a Delaware limited partnership that invests in energy and
technology companies. Subject to certain conditions, Rule 58(b)(1)(ii)
exempts the acquisition of the securities of a company that derives
substantially all of its revenues from "[t]he development and
commercialization of electrotechnologies related to energy
conservation, storage and conversion, energy efficiency, waste
treatment, greenhouse gas reduction, and similar innovations." See also
Allegheny Power System, Inc. Holding Co. Act Release No. 26085 (July
14, 1994) (investments in technologies related to power conservation
and storage, conservation and load management, environmental and waste
treatment, and power-related electronic systems and components). Tech
Leaders II is an "energy-related company" as defined in Rule 58.
The two subparagraphs added to Paragraph B.2.a by Post-effective Amendment No. 1
are amended to read as follows:
i. ATE owns 160 shares of common stock, or less that 1% of the
outstanding shares of Black Light Power, Inc., a development stage
company that is engaged in hydrogen conversion based energy production.
Black Light Power, Inc. will be an "energy-related" company as defined
in Rule 58.1
ii. ATE owns 1,875,000 shares of Class D Preferred Stock,
representing 12.5% of all outstanding issues of preferred stock,
convertible under certain terms and conditions into 10.2% of the
outstanding common stock of EMAX Solutions Partners, Inc., a Delaware
corporation that develops environmental compliance software. EMAX
Solutions Partners, Inc. is an "energy-related" company as defined in
Rule 58.2.
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1. Subject to certain limitations, Rule 58(b)(1)(vi) exempts the
acquisition of the securities of a company that derives substantially all of its
revenues from, among other things, alternative fuels.
2. Subject to certain limitations, Rule 58(b)(1)(vii) exempts the
acquisition of the securities of a company that derives substantially all of its
revenues from the sale of technical, operational, management and other similar
kinds of expertise developed in the course of utility operations in such areas
as environmental licensing, testing and remediation.
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New subparagraph vii that was added to Paragraph B.2.b by Post-effective
Amendment No. 1 is amended to read as follows:
vii. AGI owns a 4.9% limited partnership interest in Energy
Investors Fund III, L.P. (Project Finance Fund), a Delaware limited
partnership that invests in independent power production facilities.
Energy Investors Fund III, L.P. is an energy-related company as defined
in Rule 58.3.
Paragraph 2.d is amended to include the following:
CCI owns 58,161 unregistered shares, or approximately 1% of the
outstanding shares, of D&E Communications, Inc., a Pennsylvania
corporation and publicly-held telecommunications company that holds a
broadband PCS license. D&E is an exempt telecommunications company as
defined in Section 34 of the Act.
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3. Subject to certain limitations, Rule 58(b)(1)(viii) exempts the acquisition
of the securities of a company that derives substantially all of its revenues
from the development, ownership or operation of "qualifying facilities" as
defined under the Public Utility Regulatory Policies Act of 1978.
