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
GEOENERGIA DE GUANACASTE, LIMITADA
c/o KPMG Legal Services
Am Cham Plaza, 2nd Floor
7th Avenue, Sabana Norte
San Jose, Costa Rica
(Name of Foreign Utility Company)
OXBOW POWER CORPORATION
1601 Forum Place, Suite P2
West Palm Beach, Florida 33401
(Name of Filing Company)
ITEM 1
Foreign utility status is claimed by Geoenergia de Guanacaste, Limitada
("GdG"), which has an address of c/o KPMG Legal Services, Am Cham Plaza, 2nd
Floor, 7th Avenue, Sabana Norte, San Jose, Costa Rica. GdG is the owner of a
27.5 MW single flash geothermal power production facility (the "Facility") and
associated interconnection facilities located in the County of Bagaces,
Guanacaste Province in the northwest portion of the Republic of Costa Rica.
GdG is a Costa Rican limited liability company with a term of ninety-
nine (99) years, holding a one hundred percent share of the voting interests in
the Facility. The shareholders of GdG are Oxbow Power Corporation, a Delaware
corporation ("OPC"), Oxbow Power Services, Inc., a Delaware corporation
("OPSI"), Oxbow Miravalles III Holdings B.V., a Netherlands corporation ("Oxbow
Miravalles"), Marubeni Miravalles Investment Ltd., a Cayman Islands limited
liability company ("Marubeni") and Jose Altmann & Compania, Limitada, a Costa
Rican limited liability company, as follows:
Marubeni Miravalles Investment Ltd. 32.5%
Oxbow Miravalles III Holdings B.V. 12.5%
Oxbow Power Corporation 19%
Oxbow Power Services, Inc. 1%
Jose Altmann & Compania, Ltda. 35%
ITEM 2
GdG has no domestic associated public-utility company.
ITEM 3
Communications in connection with this Form U-57 should be directed to
the following addresses:
Chadbourne & Parke LLP and White & Case LLP
1200 New Hampshire Ave., N.W. 1155 Avenue of the Americas
Suite 300 New York, New York 10036
Washington, D.C. 20036 Attn: Matthew Hagopian, Esq.
Attn: Lynn N. Hargis, Esq. (212) 819-8200
(202) 974-5600 Counsel for Geoenergia de
Counsel for Oxbow Power Guanacaste, Limitada
Corporation
The undersigned corporation has duly caused this statement to be signed
on its behalf and on behalf of GdG by the undersigned representative thereunto
duly authorized.
Dated: August 27, 1998
OXBOW POWER CORPORATION
By: /s/ Rohit C. Chib
Rohit C. Chib
Senior Vice President
