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UNITED STATES
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
BY
SITHE ENERGIES, INC.
ON BEHALF OF
SMITHFIELD POWER PARTNERSHIP COGENERATION PROJECT
The Commission is requested to address communications to:
Hyun Park Michael J. Gergen
Sithe Energies, Inc. Bradley D. Hutter
335 Madison Avenue Latham & Watkins
28th Floor 1001 Pennsylvania Ave., N.W.
New York, NY 10017 Suite 1300
(212) 351-0000 Washington, D.C. 20004
(202) 637-2200
July 10, 2000
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ITEM 1
The name and business address of the entity claiming foreign utility
company status under Section 33(a) of PUHCA is:
Smithfield Power Partnership ("Smithfield Power")
33 Herbert Place, P.O. Box 2097, Smithfield, New South Wales 2164
Australia
Smithfield Power is a single asset special purpose vehicle that owns and
operates a 162 MW gas-fired cogeneration plant (the "Facility") located in the
western suburbs of Sydney, Australia. The facility benefits from a 30-year power
purchase agreement with an electricity distributor and retailer owned by the New
South Wales government. Thermal energy (steam) is sold to Visy Paper Pty Ltd, a
subsidiary of Pratt Industries, for use in its paper recycling plant adjacent to
the Facility.
Smithfield Power, the entity which owns the project assets is directly
held by two Australian corporate partners as follows: 90% by Smithfield
Investors No 1 Pty Ltd, and 10% by Smithfield Investors No 2 Pty Ltd. In turn,
100% of the shares of Smithfield Investors No 1 Pty Ltd, and Smithfield
Investors No 2 Pty Ltd are owned by Sithe Energies Australia Pty Ltd, an
Australian subsidiary in turn held 100% by Sithe Energies, Inc., the US
corporate parent.
ITEM 2
Smithfield Power is not an associate company, as defined in Section 2(a)
of PUHCA, of any public-utility company in the United States.
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EXHIBIT A
The requirement for State commission certification set forth in Section
33(a)(2) of PUHCA is not applicable to this notification, because Smithfield
Power is not an associate company, or an affiliate company, of any domestic
public-utility company.
SIGNATURE
The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
Sithe Energies, Inc.
By: /s/ Hyun Park
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Hyun Park, General Counsel
Dated: July 10, 2000
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