SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57/A
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed Under Section 33(a) of the
Public Utility Holding Company Act, as amended, for
NORTHERN ELECTRIC, PLC,
CE ELECTRIC UK, PLC
and
CE ELECTRIC UK HOLDINGS
(Foreign Utility Companies)
by
MIDAMERICAN ENERGY HOLDINGS COMPANY
(Filing Company)
<PAGE>
MidAmerican Energy Holdings Company, an Iowa corporation,
("MidAmerican Holdings"), as successor to CalEnergy Company Inc.,
a Delaware corporation, ("CalEnergy"), hereby amends Item 1, Item
2 and Exhibit A of CalEnergy's Notification of Foreign Utility
Company Status filed October 30, 1996. CalEnergy is now named
MidAmerican Energy Holdings Company and has acquired the holding
company which owns MidAmerican Energy Company ("MidAmerican
Energy"), a public utility company.
ITEM 1
1. Names and addresses of the foreign utility companies are:
Northern Electric, PLC, a corporation organized under the
laws of England and Wales ("Northern Electric"), has its
principal executive office at Carliol House, Market Street,
Newcastle upon Tyne NE1 6NE, England.
CE Electric UK, PLC, a corporation organized under the laws
of England and Wales ("CE Electric"), has its principal
executive office at 9 Cheapside, London, England EC4M9QQ.
CE Electric UK Holdings, a corporation organized under the
laws of England and Wales ("CE Electric Holdings"), has its
principal executive office at 9 Cheapside, London, England
EC4M9QQ.
2. Description of the facilities owned or operated by the
foreign utility company for the generation, transmission, and
distribution of electric energy for sale or for the distribution
at retail of natural or manufactured gas:
Northern Electric owns facilities for the distribution of
electric energy for sale and for the distribution at retail
of natural or manufactured gas in the North East of England.
Northern Electric holds a 15.4% ownership interest in a
1,875 MW gas cogeneration facility, the Teesside facility,
located in Wilton, England.
Northern Electric operates and owns a 50% interest in a 49.5
MW gas cogeneration facility, the Viking facility, located
in Seal Sand on Teesside, England.
The sole business of CE Electric is to own voting securities
of Northern Electric.
The sole business of CE Electric Holdings is to own voting
securities of CE Electric.
3. Listing of the owners of 5% or more of any class of voting
security of the foreign utility companies and the amount and
nature of such interests:
CE Electric owns 100% of the voting securities of Northern
Electric.
CE Electric Holdings owns 100% of the voting securities of
CE Electric.
MidAmerican Holdings indirectly owns 100% of the voting
securities of CE Electric Holdings.
<PAGE>
ITEM 2
1. The names of any domestic associate public-utility
company and its holding company are:
MidAmerican Energy Company, an Iowa corporation, which is an
indirect subsidiary of MidAmerican Holdings.
2. The relationship between the foreign utility company
and such domestic associate public-utility company is:
Northern Electric, CE Electric and CE Electric Holdings are
indirectly wholly-owned by MidAmerican Holdings which
indirectly holds 100% of the common stock of MidAmerican Energy,
the domestic associate public-utility company.
3. The purchase price paid by any such domestic associate
public-utility company for its interest in the foreign utility
company is:
Not applicable. MidAmerican Energy did not purchase
Northern Electric, CE Electric Holdings or CE Electric.
EXHIBIT A
State certifications required under Section 33(a)(2) of the
Public Utility Holding Company of 1935 are attached hereto as
Exhibit A.
SIGNATURE
The undersigned company has duly caused this to be signed on
its behalf by the undersigned thereunto duly authorized.
MIDAMERICAN ENERGY HOLDINGS COMPANY
By: /s/ Douglas L. Anderson
Douglas L. Anderson
Assistant Secretary
Date: March 12, 1999
<PAGE>
Form U-57/A
Notification of Foreign Utility Company Status
Northern Electric, PLC
CE Electric UK, PLC
CE Electric UK Holdings
EXHIBIT A
STATE CERTIFICATIONS
<PAGE>
[Dakota City Letterhead]
September 18, 1998
BY HAND
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn:
Re:
Dear Ladies and Gentlemen:
We are writing to you with respect to Mid American
Energy Holdings Company ("MidAmerican") and its affiliated public
utility company, Mid American Energy Company ("Mid American
Energy"). The City of Dakota City, Nebraska has jurisdiction
over the regulated retail rates of MidAmerican Energy in Dakota
City, Nebraska.
Mid American has represented that it has entered into
an Agreement and Plan of Merger providing for a series of
transactions pursuant to which MidAmerican will become a wholly
owned subsidiary of CalEnergy Company, Inc. ("CalEnergy") and, as
a result, Mid American Energy will become a domestic public
utility associate with respect to (i) CalEnergy's existing direct
and indirect ownership interests in foreign utility companies
within the meaning of Section 33 of the Public Utility Holding
Company Act of 1935, as amended (the "Act") and (ii) any future
CalEnergy Mid American system, either directly or through other
entities, in one or more foreign countries. We submit this
letter pursuant to the requirements of Section 33(a)(2) of the
Act.
The City of Dakota City, Nebraska hereby certifies to
you that we have the authority and resources to protect
ratepayers subject to our jurisdiction and that we intend to
exercise such authority to the fullest extent allowed by law.
Sincerely,
/s/ Charles Carson
Charles Carson
Mayor
The City of Dakota City, Nebraska
<PAGE>
[South Dakota Public Utilities Commission Letterhead]
October 19, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn:
Re:MidAmerican
Docket GE98-002
Dear Ladies and Gentlemen:
The South Dakota Public Utilities Commission is writing to you
with respect to MidAmerican Energy Holdings Company
("MidAmerican") and its affiliated public utility company,
MidAmerican Energy Company ("MidAmerican Energy"). The South
Dakota Public Utilities Commission has jurisdiction over the
regulated retail electricity and gas rates of MidAmerican Energy
in the state of South Dakota.
MidAmerican has represented to the South Dakota Public Utilities
Commission that it has entered into an Agreement and Plan of
Merger providing for a series of transactions pursuant to which
MidAmerican will become a wholly owned subsidiary of CalEnergy
Company, Inc. "(CalEnergy") and, as a result, MidAmerican Energy
will become a domestic public utility associate with respect to
(i) CalEnergy's existing direct and indirect ownership interests
in foreign utility companies within the meaning of Section 33 of
the Public Utility Holding Company Act of 1935, as amended (the
"Act"), and (ii) any future CalEnergy MidAmerican system, either
directly or through other entities, in one or more foreign
countries. This letter is submitted pursuant to the requirements
of Section 33(a)(2) of the Act.
The South Dakota Public Utilities Commission hereby certifies to
you that it has the authority and resources to protect ratepayers
subject to our jurisdiction and that it intends to exercise such
authority to the fullest extent allowed by law.
Sincerely,
/s/ James A. Burg /s/ Pam Nelson /s/ Laska Schoenfelder
James A. Burg Pam Nelson Laska Schoenfelder
Chairman Commissioner Commissioner
cc: Mr. Robert Wason
Securities and Exchange Commission
Office of Public Utility Regulation
Division of Investment Management
450 Fifth Street, N.W.
Washington, D.C. 20549
<PAGE>
[State of Illinois
Illinois Commerce Commission Letterhead]
January 13, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
We are writing to you with respect to MidAmerican Energy
Holdings Company ("MidAmerican") and its affiliated public
utility company, MidAmerican Energy Company ("MidAmerican
Energy").
MidAmerican has represented that it has entered into an
Agreement and Plan of Merger providing for a series of
transactions pursuant to which MidAmerican will become a wholly
owned subsidiary of CalEnergy Company, Inc. "(CalEnergy") and, as
a result, MidAmerican Energy will become a domestic public
utility associate with respect to (i) CalEnergy's existing direct
and indirect ownership interests in foreign utility companies
within the meaning of Section 33 of the Public Utility Holding
Company Act of 1935, as amended (the "Act"), and (ii) any future
electric or gas facilities acquired by the combined
CalEnergy/MidAmerican system, either directly or through other
entities, in one or more foreign countries. We submit this
letter pursuant to the requirements of Section 33(a)(2) of the
Act.
A 1997 Illinois law implemented changes to historical
utility regulation. The law required all regulated electric
utilities to reduce their rates to residential consumers in 1998
and, subject to certain specified exceptions, froze such electric
rates until 2005. While neither the utilities nor the Illinois
Commerce Commission ("Commission") can change bundled electric
rates until 2005, the Commission retains jurisdiction to set
rates for unbundled delivery service. In addition, electric
utilities are subject to other statutory provisions that require
a sharing of revenues with consumers if the utility earns more
than certain specified thresholds. However, the restructuring
legislation gave electric utilities great flexibility in writing
down assets and accelerating depreciation, so utilities may be
able to avoid triggering the over-earning threshold. Also, the
legislation removed Commission authority over the sale, lease or
other transfer of assets to affiliated or unaffiliated entities
until January 1, 2005. Also, the Commission has jurisdiction
over electric and gas delivery system reliability. However, the
Commission cannot order a utility to construct additional
generation. Finally, while the Commission's authority to approve
or disapprove some merger and reorganization transactions has
been suspended until 2005, regulated utilities are required to
provide the Commission with a 30-day advanced notice of any
proposed transaction, with supporting documentation, and to file
certain reports thereafter.
<PAGE>
The Illinois Commerce Commission hereby certifies to you
that we have the authority and resources to protect Illinois
consumers in accordance with the Illinois statutes discussed in
the previous paragraph. We intend to exercise such authority.
Sincerely,
Illinois Commerce Commission
/s/ Richard L. Mathias
Richard L. Mathias
Chairman
cc: Mr. Brent Gale, MidAmerican Energy Company
<PAGE>
[State of Iowa Letterhead]
March 11, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Commission Members:
This correspondence concerns MidAmerican Energy Holdings Company
(MidAmerican) and its affiliated public utility company,
MidAmerican Energy Company (MidAmerican Energy). The Iowa
Utilities Board has been advised that MidAmerican has entered
into an Agreement and Plan of Merger providing for a series of
transactions pursuant to which MidAmerican will become a wholly
owned subsidiary of CalEnergy Company, Inc. (CalEnergy) and, as
a result, MidAmerican Energy will become a domestic public
utility associate with respect to (i) CalEnergy's existing direct
and indirect ownership interests in foreign utility companies
within the meaning of Section 33 of the Public Utility Holding
Company Act of 1935, as amended (the "Act") and (ii) any future
electric or gas facilities acquired by the combined
CalEnergy/MidAmerican system, either directly or through other
entities, in one or more foreign countries. This letter is
submitted pursuant to the requirements of Section 33(a)(2) of the
Act.
The Iowa Utilities Board hereby certifies to you that it has the
authority and resources to protect ratepayers subject to its
jurisdiction with respect to this acquisition and that it intends
to exercise its authority.
The Iowa Utilities Board has jurisdiction over the Iowa retail
electric and gas rates of MidAmerican Energy, which is a public
utility company as such term is defined in the Act.
Sincerely,
/s/ Allan T. Thoms
Allan T. Thoms
Chairperson
Iowa Utilities Board
/gdsEnclosures
