SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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
UTILITY INVESTMENTS LIMITED
P.O. Box 1867
Auckland, NZ
TRUSTPOWER LIMITED
Private Bag 12023
Tauranga, New Zealand
INFRASTRUCTURE & UTILITIES NZ LIMITED
PO Box 320
Wellington, New Zealand
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(Name of foreign utility companies)
Alliant Energy Corporation
222 West Washington Avenue
Madison, Wisconsin 53703
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(Name of filing company if filed on behalf
of a foreign utility company)
The Commission is requested to mail copies of all
communications relating to this Notification to:
Barbara J. Swan
General Counsel
Alliant Energy Corporation
222 West Washington Avenue
Madison, Wisconsin 53703
William T. Baker, Jr.
Thelen Reid & Priest LLP
40 West 57th Street
New York, New York 10019
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Alliant Energy Corporation ("Alliant"), a Wisconsin corporation and a
registered holding company under the Public Utility Holding Company Act of 1935
(the "1935 Act"), as amended, acting on behalf of Utility Investments Limited
("UIL"), a New Zealand company, TrustPower Limited ("TrustPower"), a New Zealand
company, and Infrastructure & Utilities NZ Limited ("Infratil"), a New Zealand
company, hereby notifies the Securities and Exchange Commission (the
"Commission") that UIL, TrustPower and Infratil each is, and hereby claims
status as, a foreign utility company ("FUCO") within the meaning of Section 33
of the 1935 Act.
ITEM 1. NAME, BUSINESS ADDRESS, FACILITIES AND OWNERSHIP.
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The name and business address of the companies claiming FUCO status are
as follows:
Utility Investments Limited
P.O. Box 1867
Auckland, New Zealand
TrustPower Limited
Private Bag 12023
Tauranga, New Zealand
Infrastructure & Utilities NZ Limited
PO Box 320
Wellington, New Zealand
UIL is a wholly-owned subsidiary of Oceania & Eastern Investments Limited,
a member of Oceania & Eastern Group, a privately-owned New Zealand investment
group. UIL directly holds a 10.4% equity interest in TrustPower. UIL also
directly holds a 10.1% equity interest in Infratil, which in turn holds a 25.78%
equity interest in TrustPower.(1) Other holders of 5% or more of the voting
securities of TrustPower are believed to include: Tauranga Electricity Consumers
Trust and AGL New Zealand Limited. Other shareholders of Infratil include New
Zealand investment institutions and the general public. Alliant International
New Zealand Ltd. (formerly IES New Zealand Limited) ("Alliant
International-NZ"), a wholly-owned indirect subsidiary of Alliant and itself a
FUCO, has made a loan to UIL.(2)
Trust Power generates and sells electricity at retail in the Bay of
Plenty and other areas exclusively within New Zealand. TrustPower operated as a
vertically integrated electric utility until January 1999, when, in compliance
with the Electricity Industry
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1 Infratil also holds a 5% equity interest in Powerco Limited
("Powerco"), a New Zealand company, and Central Power Limited ("Central Power"),
also a New Zealand company.
2 See Form U-57 Notification of Foreign Utility Company Status, dated
November 20, 1997, filed on behalf of IES New Zealand Limited. Alliant
International-NZ is a minority shareholder in Powerco and, until recently, was a
minority shareholder in Central Power.
2
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Reform Act 1998 ("EIRA"), it sold its transmission and distribution lines. As
part of the EIRA restructuring, Trust Power acquired retail businesses and small
hydroelectric generation facilities in various parts of New Zealand, including
Otago, Westland, Marlborough, Taranaki, Manawatu, and the Waikato. TrustPower
trades electricity over most networks in New Zealand.
Currently, TrustPower owns 31 small hydroelectric generating stations
ranging in size from less than 1 MW capacity to 110 MW. In addition, TrustPower
owns a wind farm of 32 MW capacity. TrustPower's total generating capacity is
425 MW and it has sales of approximately 1800 GWh per year.
TrustPower supplies power to about 210,000 customers, of which about
100,000 are in the Bay of Plenty area. Its total sales are about 3,300 GWh/year.
The shortfall between owned generation and sales is made up by purchases in the
wholesale electricity market.
ITEM 2. DOMESTIC ASSOCIATE PUBLIC-UTILITY COMPANIES OF UIL, TRUSTPOWER
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AND INFRATIL.
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The following companies, each of which is a direct or indirect
subsidiary of Alliant, are domestic public utility companies and associate
companies of Alliant International-NZ, which, as indicated, has made a loan to
UIL: IES Utilities Inc., Interstate Power Company, Wisconsin Power and Light
Company and South Beloit Water, Gas & Electric Company (collectively, the
"Domestic Utilities"). At present, none of the Domestic Utilities has any
relationship with any of the FUCOs identified above.
EXHIBIT A. STATE CERTIFICATION.
Inapplicable.
SIGNATURE
The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
ALLIANT ENERGY CORPORATION
By: /s/ Barbara J. Swan
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Barbara J. Swan
Executive Vice President
and General Counsel
Date: August 20, 1999
