FOSTER WHEELER CORP
U-57, 2000-10-13
HEAVY CONSTRUCTION OTHER THAN BLDG CONST - CONTRACTORS
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File No. _________________


                       SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.

                                    Form U-57

                 NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS


NAME OF FOREIGN UTILITY COMPANY.

         Centro Energia Ferrara S.p.A.

NAME OF FILING COMPANY, IF FILED ON BEHALF OF A FOREIGN UTILITY COMPANY.

         Foster Wheeler Corporation

The Commission is requested to address communications to:

         William McCarthy, Esq.
         Foster Wheeler Power Systems, Inc.
         Perryville Corporate Park
         Clinton, NJ  08809-4000
         (908) 730-4000

         Zori G. Ferkin
         Dewey Ballantine LLP
         1775 Pennsylvania Avenue, N.W.
         Washington, D.C.  20006-4605
         (202) 862-1000



         Foster Wheeler Corporation, on behalf of Centro Energia Ferrara S.p.A.,
a corporation organized in Italy, hereby files with the Securities and Exchange
Commission, pursuant to Section 33 of the Public Utility Holding Company Act of
1935, as amended by Section 715 of the Energy Policy Act of 1992, Pub. L.
102-487, and Rule 57 of the implementing regulations thereunder, 17 C.F.R.
Section 250.57, the Notice claiming exemption as a foreign utility company.

         In support of this claim for exemption, the following information is
submitted.


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                                     ITEM 1

STATE THE NAME OF THE ENTITY CLAIMING FOREIGN UTILITY COMPANY STATUS, ITS
BUSINESS ADDRESS, AND A DESCRIPTION OF THE FACILITIES USED FOR THE GENERATION,
TRANSMISSION AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE
DISTRIBUTION AT RETAIL OF NATURAL OR MANUFACTURED GAS. TO THE EXTENT KNOWN,
IDENTIFY EACH PERSON THAT HOLDS FIVE PERCENT (5%) OR MORE OF ANY CLASS OF VOTING
SECURITIES OF THE FOREIGN UTILITY COMPANY AND DESCRIBE THE AMOUNT AND NATURE OF
THE INTEREST.

A.       NAME OF ENTITY CLAIMING FOREIGN UTILITY COMPANY STATUS

         Centro Energia Ferrara  S.p.A. ("CEF")

B.       BUSINESS ADDRESS

         Centro Energia Ferrara S.p.A.
         Via Sebastiano Caboto
         20094 Corsico (Milan)
         Italy

C.       DESCRIPTION OF FACILITIES

         The facilities used for the generation of electric energy for sale
         generally consist of two (2) gas turbine generators, two (2) heat
         recovery steam generators, one (1) steam turbine generator and an
         air-cooled condenser and related auxiliaries. The facilities will
         produce electric energy for sale to ENEL S.p.A., the Italian
         state-owned electricity company under negotiated power sales
         agreements. Each gas turbine is expected to produce approximately 47.7
         megawatts (gross) output of electric power per hour and is equipped
         with dry, low-NOx burners. The steam turbine is expected to produce
         approximately 47.2 megawatts (gross) output of electric power per
         hour. Auxiliary power is estimated at 9.0 megawatts for a total net
         power output at the Plant of approximately 146 megawatts.

         The facilities used for the transmission and/or distribution of
         electric energy for sale include limited interconnection facilities
         required to deliver electric energy to ENEL S.p.A.

D.       PERSONS HOLDING FIVE PERCENT (5%) OR MORE OF ANY CLASS OF VOTING
         SECURITIES OF THE FOREIGN UTILITY COMPANY AND AMOUNT AND NATURE OF THE
         INTEREST


         CEF is a corporation organized in Italy. The shareholders in CEF, and
         their interests therein, are as follows:

                                       2

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         Foster Wheeler Italiana S.p.A., an Italian corporation and a wholly
         owned indirect subsidiary of Foster Wheeler Corporation, a Delaware
         corporation, holds a 50% ownership interest.

         MP Energy, S.p.A., an Italian corporation, holds a 30% ownership
         interest. Fineldo, S.p.A., an Italian corporation owns a 5% interest;
         and Merloni Invest, S.p.A., an Italian corporation owns a 15% interest
         in LE.

                                     ITEM 2

STATE THE NAME OF ANY DOMESTIC ASSOCIATE PUBLIC-UTILITY COMPANY AND, IF
APPLICABLE, ITS HOLDING COMPANY, AND A DESCRIPTION OF THE RELATIONSHIP BETWEEN
THE FOREIGN UTILITY COMPANY AND SUCH COMPANY, AND THE PURCHASE PRICE PAID BY ANY
SUCH DOMESTIC ASSOCIATE PUBLIC-UTILITY COMPANY OR ITS INTEREST IN THE FOREIGN
UTILITY COMPANY.

                                      [N/A]

                                    EXHIBIT A

IF APPLICABLE, THE STATE CERTIFICATION(S) REQUIRED UNDER SECTION 33(A)(2) OF THE
ACT. CERTIFICATION(S) PREVIOUSLY FILED WITH THE COMMISSION MAY BE INCORPORATED
BY REFERENCE. IF THE CERTIFICATION(S) IS NOT AVAILABLE AT THE TIME OF FILING THE
FORM U-57, SO STATE, AND UNDERTAKE TO FILE SUCH CERTIFICATION AS AN AMENDMENT
WHEN AVAILABLE; HOWEVER, FOREIGN UTILITY COMPANY STATUS WILL BE NOT BE DEEMED
OBTAINED UNTIL ALL REQUIRED CERTIFICATION(S) HAVE BEEN FILED.

                                      [N/A]

                                 * * * * * * * *

         The undersigned  company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.


By:      /s/ Zori G. Ferkin
         ------------------------
         Zori G. Ferkin
         Dewey Ballantine LLP
         1775 Pennsylvania Avenue, N.W.
         Washington, D.C.  20006-4605
         (202) 862-1000

         Counsel for

                                       3
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         Foster Wheeler Corporation
         on behalf of Centro Energia
            Ferrara S.p.A.

Dated:  October 13, 2000



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