EXHIBIT H
Allegheny Energy Supply Company, LLC (70-9***)
Allegheny Energy Supply Company, LLC ("Allegheny
Supply"), R.R. 12, P.O. Box 1000, Roseytown, Pa., 15601, a
wholly owned public utility generating company subsidiary of
Allegheny Energy, Inc. ("Allegheny"), and Allegheny, 10435
Downsville Pike, Hagerstown, Maryland 21740-1766, a
registered holding company, has filed an application under
Section 11(b) of the Act and rule 54 under the Act.
Allegheny Supply, PPL Global, Inc., and The Potomac
Electric Power Company ("Pepco") have entered into an Asset
Purchase and Sale Agreement ("Agreement") under which
Allegheny Supply and PPL Global, Inc., a subsidiary of PPL
Corp., will each purchase 50% of Pepco's Interest in the
Conemaugh Generating Station ("Conemaugh"). Conemaugh is a
1,711-MW coal-fired generating station is located in Indiana
County, Pennsylvania. Allegheny Supply and PPL Global
propose to jointly purchase Pepco's 9.72% interest. After
the close of the Transaction, the Allegheny system will have
a total generating capacity of approximately 10,000 MW. The
Transaction will be accounted for as a purchase and be
accretive to Allegheny's earnings in the first full year.
Allegheny proposes to finance the purchase through prior
authorized long-term debt or, if market conditions warrant,
temporary short-term debt.
Pepco is an investor-owned utility that provides
electric and other utility services to governmental,
commercial, and residential customers in Washington, D.C.
metropolitan area and the surrounding Maryland suburbs.
Pepco serves approximately 700,000 electricity customers.
Pepco, through its family of unregulated subsidiaries,
offers natural gas, high-speed Internet access, local and
long distance telephone, cable television and energy
management services in the Mid-Atlantic region. Pepco is a
member of PJM and will continue as a member.
PPL Global is the international and development
affiliate of PPL Corp. PPL Corp., through its subsidiaries
and affiliates, delivers electricity and natural gas to
more than 1.3 million customers in Pennsylvania; markets
wholesale or retail energy in 43 states and Canada; provides
energy services for businesses in the Mid-Atlantic and
Northeast United States; generates electricity at power
plants in Pennsylvania, Maryland and Montana; and, delivers
electricity to 1.4 million customers in Britain and to more
than 800,000 customers in Chile, Bolivia and El Salvador.
Allegheny is a diversified energy company,
headquartered in Hagerstown, Md. Allegheny, through
Allegheny Supply, is a producer and marketer of electricity
and other energy products. The Allegheny family includes
West Penn Power Company, Monongahela Power Company and The
Potomac Edison Power Company (collectively d/b/a "Allegheny
Power"). Allegheny Power delivers electric energy and
natural gas to about three million people or 1.4 million
customers in parts of Maryland, Ohio, Pennsylvania,
Virginia, and West Virginia. Allegheny Ventures, Inc., a
non-utility subsidiary of Allegheny, actively invests in and
develops energy-related and telecommunications projects
Allegheny Supply owns, operates and markets competitive
retail and wholesale electric generation. Additionally,
Allegheny Supply manages and operates electric generation
for the regulated utilities d/b/a Allegheny Power which
are not yet deregulated. For the twelve months ended
December 31, 1999, Allegheny's revenues were approximately
$2.58 billion. Allegheny Supply's revenues were
approximately $141 million or 5.02% of Allegheny's annual
revenues.
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