As Filed with the Securities
and Exchange Commission
on November 30, 1999
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-9C-3
QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the quarterly period ended September 30, 1999
Conectiv
(Name of Registered Holding Company)
800 King Street
Wilmington, DE 19899
(Address of Principal Executives Offices)
Inquiries concerning this Form U-9C-3 may
be directed to either:
Peter F. Clark
General Counsel
Conectiv
800 King Street
Wilmington, DE 19899
or
Philip S. Reese
Vice President and Treasurer
Conectiv
800 King Street
Wilmington, DE 19899
(302) 429-3884
<PAGE> 2
Conectiv
FORM U-9C-3
For the Quarter Ended September 30, 1999
Table of Contents
Page
Item 1. Organization Chart 1
Item 2. Issuance and Renewals of Securities and Capital Contributions 1
Item 3. Associated Transactions 1
Item 4. Summary of Aggregate Investment 2
Item 5. Other Investments 3
Item 6. Financial Statements and Exhibits 3
SIGNATURE 4
<PAGE> 3
Item 1. - ORGANIZATION CHART
<TABLE>
Name of Energy or Gas Date of State of Percentage Nature of
Reporting Company Related Organization Organization of Voting Business
Company Securities
Held
<S> <C> <C> <C> <C> <C>
None
</TABLE>
Item 2. - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL
CONTRIBUTIONS
CAPITIAL CONTRIBUTIONS:
<TABLE>
Company Issuing Type of Security Principal Amount Person to Whom
Security Issued of Security Security Was Issued
<S> <C> <C> <C>
None
</TABLE>
Note: Petron Oil Corporation was merged into Conectiv Energy Supply as of
2/28/99
Item 3. - ASSOCIATED TRANSACTIONS
Part I. - Transactions performed by reporting companies on behalf of associate
companies.
NONE
<PAGE> 4
Part II - Transactions performed by associate companies on behalf of reporting
companies.
<TABLE>
Associate Company Reporting Type of Services Direct Costs Total Amount
Rendering Services Company Rendered Charged Billed
Receiving
Services
<S> <C> <C> <C> <C>
Conectiv Resource Delmarva Operating Core Business Support * *
Partners, Inc. Services Company Financial services,
Legal, Marketing,
Environmental,
Executive Management
Conectiv Resource Conectiv Energy Core Business Support * *
Partners, Inc. Supply, Inc. Financial services,
Legal, Marketing,
Executive Management
Conectiv Resource Delmarva Financial services,
Partners, Inc. Services Executive Management,
and Corporate Services
Conectiv Resource Enerval Core Business Support * *
Partners, Inc. Financial Services
* Confidential Treatment Requested
</TABLE>
Note: Petron Oil Corporation was merged into Conectiv Energy Supply as
of 2/28/99
<PAGE> 5
Item 4. - SUMMARY OF AGGREGATE INVESTMENT
Investments in energy-related companies (in thousands):
Total consolidated capitalization as of September 30, 1999 $3,410,859 Line 1
Total capitalization multiplied by 15%
(Line 1 multiplied by 0.15) $511,629 Line 2
Greater of $50 million or line 2 $511,629 Line 3
Total current aggregate investment:
(categorized by major line of energy-related
business)
Energy-related business Category - Rule 58(b)(1)(v) *
Total current aggregate investment * Line 4
Difference between the greater of $50 million or 15% of
Capitalization and the total aggregate investment of the
Registered holding company system (line 3 less line 4) ** Line 5
* Confidential Treatment Requested
** Effective August 10, 1999 indirect ownership of EnerTech Capital Partner,
L.P. ("EnerTech") was transferred to Conectiv Solutions LLC pursuant to an
order dated August 10, 1999. EnerTech no longer derives predominantly
all revenues from investments in companies engaged in electric
technologies and will no longer be considered a Rule 58 company.
Investments in gas-related companies:
NONE
Item 5. - OTHER INVESTMENTS
<TABLE>
Major Line of Energy- Other Investment in Other Investment In Reason for Difference
Related Business Last U-9C-3 Report this U-9C-3 Report in Other Investment
<S> <C> <C> <C>
NONE
</TABLE>
<PAGE> 6
Item 6. - FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements:
Exhibit A-1. Financial statements of Conectiv (incorporated by reference to
the filing by Conectiv on Form 10-K for the period ended September 30, 1999.)
B. Exhibits:
Exhibit B-2. Certificate of Conectiv.
<PAGE> 7
SIGNATURE
The undersigned registered holding company has duly caused this
quarterly report to be signed on its behalf by the undersigned officer
thereunto duly authorized pursuant to the requirements of the Public Utility
Holding Company Act of 1935.
Conectiv
By:/s/Philip S. Reese
Philip S. Reese
Vice President and Treasurer
November 30, 1999
Certificate
I hereby certify that the Form U-9c-3 for Conectiv for the previous quarter
has been provided to the state commissions listed below:
Delaware Public Service Commission
861 Silver Lake Boulevard
Cannon Building, Suite 100
Dover, De 19904
Maryland Public Service Commission
6 St. Paul Centre, 16th Floor
Baltimore, MD 21202
Virginia State Corporate Commission
1300 E. Main Street
Tyler Building
Richmond, VA 23219
New Jersey Board of Public Utilities
Two Gateway Center
Newark, NJ 07102
CONECTIV
BY: /s/Philip S. Reese
Philip S. Reese
Vice President and
Treasurer
Dated: November 30, 1999
