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As Filed with the Securities
and Exchange Commission
on December 19, 2000
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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In the Matter of INTERIM CERTIFICATE
Conectiv and Subsidiaries OF
File No. 70-9655 NOTIFICATION
(Public Utility Holding Company PURSUANT TO RULE 24
Act of 1935)
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This Certificate of Notification is filed by Conectiv, a Delaware
corporation, pursuant to Rule 24 (17 C.F.R. Section 250.24). Such filing is made
in connection with Conectiv's Form U-1 Application-Declaration, as amended (the
"Application-Declaration"), and authorized by the order of the Securities and
Exchange Commission (the "Commission") dated June 29, 2000 (the "Order") in the
above- referenced file. This certificate reports transactions from the period
July 1, 2000 through September 30, 2000. Capitalized terms not otherwise defined
herein have the meaning ascribed in the Application-Declaration.
On July 1, 2000 as approved by the Commission (Release No. 35-27192; 70-9655)
Conectiv took the following actions:
1. Delmarva Power & Light Company ("Delmarva") further capitalized a wholly
owned subsidiary, Conectiv Delmarva Generation, Inc. ("CDG"), through the
contribution by Delmarva to CDG of approximately 1,364 megawatts of net
generating and related assets.
2. Atlantic City Electric Company ("ACE") made a capital contribution to
Conectiv Atlantic Generation, L.L.C. ("CAG") consisting of approximately
502 net generating and related assets in consideration for ownership
interest in CAG.
3. ACE contributed its ownership interest in CAG to ACE REIT, Inc.
("ACE-REIT"), a wholly owned subsidiary of ACE, establishing CAG as an
indirect subsidiary of ACE.
4. Dividend out of capital by ACE to Conectiv of the common stock of ACE-REIT
and by Delmarva to Conectiv of the common stock of CDG.
5. Conectiv established Conectiv Energy Holding Company ("CEH") as a
subsidiary utility holding company through the contribution of the common
stock of CDG, ACE-REIT and Conectiv Energy Supply, Inc. to CEH in
consideration for 1,000 shares of CEH common stock.
6. CEH, CDG, ACE-REIT and CAG were added as participants to the Conectiv
System Money Pool.
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SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act
of 1935, the undersigned companies have duly caused this Certificate of
Notification to be signed on their behalf by the undersigned thereunto duly
authorized.
The signatures of the applicants and of the persons signing on their
behalf are restricted to the information contained in this application which is
pertinent to the application of the respective companies.
Conectiv
ACE REIT, Inc
Atlantic City Electric Company
Conectiv Atlantic Generation, L.L.C.
Conectiv Delmarva Generation, Inc.
Conectiv Energy Holding Company
Delmarva Power & Light Company
December 19, 2000 /s/ Philip S. Reese
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Philip S. Reese
Vice President and Treasurer
