TECO ENERGY INC
8-K, 1998-03-20
ELECTRIC SERVICES
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549


                                  FORM 8-K

                              CURRENT REPORT 

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934



             Date of Report (Date of earliest event reported):

                               March 20, 1998


                             TECO ENERGY, INC.
           (Exact name of registrant as specified in its charter)




          FLORIDA                       1-8180              59-2052286
(State or other jurisdiction       (Commission file       (IRS Employer 
     of incorporation)                 Number)          Identification No.)


     702 North Franklin Street, Tampa Florida                33602
     (Address of principal executive offices)           (Zip code)

Registrant's telephone number, including area code: (813) 228-4111




















                                        Page 1 <PAGE>





Item 5.   Other Events

     On  January 27, 1998, TECO Energy, Inc. (the registrant) acquired
additional  Florida  propane  gas  businesses, Griffis, Inc., and U.S.
Propane,  Inc.,  in  a  stock-for-stock  merger  transaction  that was
accounted for as a pooling of interests.
     T h e    registrant's  consolidated  revenues,  net  income  from
continuing  operations  and  net income for the one-month period ended
February  28,  1998  were  $148.7  million,  $16.5  million  and $16.2
million,  respectively. This public issuance of one month of unaudited
combined postmerger operations information is made in order to satisfy
the  requirements  for  the  use of the pooling-of-interests method of
accounting for the merger described above.








































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                               SIGNATURE



     Pursuant  to  the  requirements of the Securities Exchange Act of
1934,  the  registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.




Dated:    March 20, 1998           TECO Energy, Inc.



                                   By:/s/ J. B. Ramil      
                                          J. B. Ramil
                                     Vice President-Finance,
                                   and Chief Financial Officer
                                  (Principal Financial Officer)

































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