SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
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
GENERADORA ELECTRICA DEL NORTE, S.R.L.
(Name of foreign utility company)
INTERNATIONAL ENERGY PARTNERS, L.P.
(Name of filing company, if filed on behalf of
a foreign utility company)
Item 1:
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THE NAME AND ADDRESS OF THE ENTITY CLAIMING FOREIGN
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UTILITY COMPANY STATUS, ITS BUSINESS ADDRESS AND
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DESCRIPTION OF UTILITY FACILITIES:
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The name and address of the entity claiming foreign utility
company status is GENERADORA ELECTRICA DEL NORTE, S.R.L.
("GENOR"), c/o International Energy Partners, L.P., 4800 Hampden
Lane, Suite 600, Bethesda, Maryland 20814. Genor has been formed
to develop, own and operate an electric generating facility (the
"Facility") to be constructed in the Puerto Barrios Municipality,
Department of Izabal, Republic of Guatemala. The Facility will
have an electric generating capacity of 20 megawatts, to be
expanded initially to 40 megawatts and may thereafter be expanded
further to 60 megawatts or greater. It is expected that the
electric energy generated by the Facility will be sold to
industrial and wholesale customers in Guatemala.
TO THE EXTENT KNOWN, EACH PERSON THAT HOLDS FIVE
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PERCENT OR MORE OF THE VOTING SECURITIES OF THE FOREIGN
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UTILITY COMPANY:
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Energy Finance Partners of Central America, L.P., ("Energy
Partners"), a Cayman Islands limited partnership, will own a
47.56% interest in Genor. Energy Partners is owned 7.727% by IEP
Peru 1, L.L.C. ("IEP Peru"), a Delaware limited liability company
and 92.273% by Con Edison Development Guatemala, Ltd. ("CEDG"), a
Cayman Islands exempted company. The remaining 52.44% of Genor
will be owned by Interamerican Power & Light Corporation, a
Panama sociedad anonima.
IEP Peru is a majority-owned subsidiary of International
Energy Partners, L.P. CEDG is a wholly-owned subsidiary of
Consolidated Edison Development, Inc., which, in turn, is a
wholly-owned subsidiary of Consolidated Edison, Inc. ("CEI"), an
exempt public utility holding company under the Public Utility
Holding Company Act of 1935, as amended.
Item 2:
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THE NAME OF ANY DOMESTIC ASSOCIATE PUBLIC-UTILITY
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COMPANY, ITS HOLDING COMPANY AND THE PURCHASE PRICE
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PAID BY SUCH DOMESTIC PUBLIC-UTILITY COMPANY FOR ITS
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INTEREST IN THE FOREIGN UTILITY COMPANY:
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Consolidated Edison Company of New York, Inc. ("Con
Edison") is a public-utility company operating in the State of
New York and will be an associate company of Genor. Con Edison
is a wholly owned subsidiary of CEI. No portion of the purchase
price of Genor will be paid by Con Edison.
EXHIBIT A
A Certification of resources and authority issued by
the New York State Public Service Commission (which regulates the
retail rates of Con Edison) has been previously filed with the
Commission and is incorporated herein by reference.
International Energy Partners, L.P. has duly caused
this statement to be signed on its behalf by the undersigned
thereunto duly authorized.
/s/ Michael D. Hornstein
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Michael D. Hornstein, Esq.
Reid & Priest LLP
701 Pennsylvania Avenue, N.W.
Suite 800
Washington, D.C. 20004
(202) 508-4000
Attorneys for International Energy Partners, L.P.
January 28, 1998
