SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )
Kenetech Corporation
(Name of Issuer)
8.25% Convertible Preferred Stock
(Title of Class of Securities)
488878307
(CUSIP Number)
1. Name of Reporting Person Eaton Vance Management
#04-3101341
2. Check the appropriate
Box if a Member of a Group Group Disclaims
3. SEC use only
4. Citizenship or
Place of Organization Boston, Massachusetts
5. Sole Voting Power 206,000 shares
6. Shared Voting Power 52,900 shares
7. Sole Dispositive Power 206,000 shares
8. Shared Dispositive Power 52,900 shares
9. Aggregate Amount
Beneficially Owned by
Each Reporting Person 258,900 shares
10. Check Box if Aggregate
Amount in Row 9 Excludes
Certain Shares
11. Percentage of Class
Represented By Amount
in Row 9 5.75%
12. Type of Reporting
Person Investment Adviser (IA)
Schedule 13G
Item 1(a)Name of Issuer:
Kenetech Corporation
Item 1(b)Address of Issuer's Principal Executive Office:
500 Sansome Street
San Francisco, CA 94111
Item 2(a)Name of Person Filing:
Eaton Vance Management
Item 2(b)Address of Principal Business Office of Person Filing:
24 Federal Street, Boston, Massachusetts 02110
Item 2(c)Citizenship:
Boston, Massachusetts
Item 2(d)Title of Class of Securities:
8.25% Convertible Preferred Stock
Item 2(e)CUSIP Number
488878307
Item 3 Eligibility to File Schedule 13G:
Eaton Vance Management is an investment adviser registered under
Section 203 of the Investment Adviser Act of 1940, and acts as
investment adviser for a group of investment companies registered
under Section 8 of the Investment Company Act of 1940 and a variety
of private investment accounts.
Item 4 Ownership:
(a) As of December 31, 1994:
1. Total Return Portfolio, a New York State Trust,
beneficially owned 200,000 shares of the issuer's 8.25%
Convertible Preferred Stock (or 4.44% of the 4,500,000
shares believed to be outstanding).
2. Winslow Environmental Growth Fund beneficially owned
5,000 shares of the issuer's 8.25% Convertible Preferred
Stock (or 0.11% of the 4,500,000 shares believed to be
outstanding).
3. Winslow Environmental Balanced Fund beneficially owned
1,000 shares of the issuer's 8.25% Convertible Preferred
Stock (or 0.02% of the 4,500,000 shares believed to be
outstanding).
4. Various Private investment accounts, Pension and Profit
sharing accounts beneficially owned 52,900 of the issuer's
8.25% Convertible Preferred Stock (or 1.18% of the
4,500,000 shares believed to be outstanding).
By virtue of new Rule 13d-3(a)(2) under the Securities
Exchange Act of 1934, Eaton Vance Management, in its
capacity as investment adviser may be deemed the
"beneficial owner" of 258,900 shares of the issuer's 8.25%
Convertible Preferred Stock (or 5.75% of the 4,500,000
shares believed to be outstanding), inasmuch as said
investment adviser has investment power with respect to
such shares.
(b) As of December 31, 1994:
1. Total Return Portfolio, a New York State Trust, has the
sole power to vote or to direct the vote of 200,000 shares
of the issuer's 8.25% Convertible Preferred stock and the
sole power to dispose, or direct the disposition of 200,000
shares of the issuer's 8.25% Convertible Preferred Stock,
in its capacity as investment adviser.
2. Winslow Environmental Growth Fund, has the sole power to
vote or to direct the vote of 5,000 shares of the issuer's
8.25% Convertible Preferred stock and the sole power to
dispose, or direct the disposition of 5,000 shares of the
issuer's 8.25% Convertible Preferred Stock, in its capacity
as investment adviser.
3. Winslow Environmental Balanced Fund, has the sole power
to vote or to direct the vote of 1,000 shares of the
issuer's 8.25% Convertible Preferred stock and the sole
power to dispose, or direct the disposition of 1,000 shares
of the issuer's 8.25% Convertible Preferred Stock, in its
capacity as investment adviser.
4. Eaton Vance Management has the shared power to vote or
to direct the vote of 52,900 shares of the issuer's 8.25%
Convertible Preferred stock and the shared power to
dispose, or direct the disposition of 52,900 shares of the
issuer's 8.25% Convertible Preferred Stock, in its capacity
as investment adviser.
Item 5 Ownership of Five Percent of Less of a Class:
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
See Item 4 above.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not applicable
Item 10 Certification:
See below
This is Amendment No. 1 to Schedule 13G dated as of August 3, 1994
of Eaton Vance Management.
All disclaimers set forth in the previous filings are incorporated
herein by reference.
After reasonable inquiry and to the best of its knowledge and
belief, Eaton Vance Management certifies that the information set
forth in this Amendment is true, complete and correct.
EATON VANCE MANAGEMENT
January 31, 1995 By: Douglas C. Miller
Assistant Vice President
