File 70-9069
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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POST-EFFECTIVE AMENDMENT NO. 1 TO
APPLICATION-DECLARATION ON FORM U-1
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
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CONECTIV
800 King Street
Wilmington, DE 19899
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(Names of companies filing this statement and
addresses of principal executive offices)
CONECTIV
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(Name of top registered holding company parent)
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(Names and addresses of agents for service)
The Commission is requested to send copies of all notices, orders and
communications in connection with this Application-Declaration to:
Peter F. Clark, Esq. Joanne C. Rutkowski, Esq.
General Counsel LeBoeuf, Lamb, Greene & MacRae, LLP
Conectiv 1875 Connecticut Avenue, N.W.
800 King Street Washington, D.C. 20009-5728
Wilmington, DE 19899
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The Application-Declaration as previously filed and amended is hereby
amended as follows:
Item 6. Exhibits and Financial Statements
(a) Exhibits
J-8.1 Amendment to Description of Nonutility Businesses.
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.
Date: May __, 1998
Conectiv
By:_____________________
Barbara S. Graham
Chief Financial Officer
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EXHIBIT J-8
DESCRIPTION OF NONUTILITY BUSINESSES
Paragraph B.2 is amended to include a new subparagraph 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).
Paragraph B.2.a is amended to include the following subparagraphs:
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.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.2
Paragraph B.2.b is amended to include the following subparagraphs:
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.3
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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.
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.
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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.