SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM U5S/A
ANNUAL REPORT
For the Year Ended December 31, 1995
Filed pursuant to the Public Utility Holding Company Act of 1935
by
GENERAL PUBLIC UTILITIES CORPORATION (File No. 30-126)
100 Interpace Parkway, Parsippany, New Jersey 07054
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General Public Utilities Corporation hereby amends its Annual Report on
Form U5S for the year ended December 31, 1995, in SEC File No. 30-126, as
follows:
1. By amending Item 9 thereof as it relates to EI Selkirk, Inc. and Selkirk
Cogeneration Partners Limited Partnership as follows;
"ITEM 9. WHOLESALE GENERATORS AND FOREIGN UTILITY COMPANIES
EXEMPT WHOLESALE GENERATORS (EWG):
EI Selkirk, Inc. and Selkirk Cogeneration Partners Limited Partnership
Part I.
(a) At December 31, 1995, Energy Initiatives, Inc. (EI), through its wholly-
owned subsidiary EI Selkirk, Inc., owned a 13.55% preferred interest and
a 20% common interest in Selkirk Cogeneration Partners Limited
Partnership (Selkirk).
Selkirk is a Delaware limited partnership and was formed for the purpose
of constructing, owning and operating two natural gas-fired combined-
cycle cogeneration facilities located in Bethlehem, New York. The
facilities are 79.9 and 26.5 megawatts (MW) each with a combined average
net capacity of 344.9 MW producing steam and electricity.
(b) General Public Utilities Corporation (GPU), indirectly through its
wholly-owned subsidiary EI, has invested $20,285,793 in Selkirk.
(c) Ratio of debt to common equity of Selkirk - 256:1
Accumulated losses of Selkirk - $(40,208,495)
(d) None.
Part II.
An organizational chart showing the relationship of Energy Initiatives, Inc.
to Selkirk is provided in Exhibit H-1.
Financial statements of Selkirk Cogeneration Partners Limited Partnership as
of and for the year ended December 31, 1995 are provided in Exhibit I-1."
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2. By amending the list of schedules included as Exhibit I-1 of Item 10
thereof as follows;
"ITEM 10. FINANCIAL STATEMENTS AND EXHIBITS (Continued):
Exhibits
Schedules Supporting Items of This Report
I-1 Financial Statements of Brooklyn Energy Limited Partnership for 1995
- filed pursuant to request for confidential treatment.
Financial Statements of EI Services Canada, Ltd. for 1995 - filed
pursuant to request for confidential treatment.
Financial Statements of Selkirk Cogeneration Partners Limited
Partnership for 1995 - incorporated by reference to Selkirk
Cogeneration Partners Limited Partnership Annual Report on Form 10-K
for the year 1995, File No. 33-83618-01.
Financial Statements of Empresa Guaracachi S.A. for 1995 - filed
pursuant to request for confidential treatment.
Financial Statements of Termobarranquilla S.A. for 1995 - filed
pursuant to request for confidential treatment.
Financial Statements of Los Amigos Leasing Company, Ltd. for 1995 -
filed pursuant to request for confidential treatment.
Financial Statements of EI Services Colombia, Ltda. for 1995 - filed
pursuant to request for confidential treatment.
Financial Statements of Solaris Power for 1995 - filed pursuant to
request for confidential treatment."
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SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF
1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS AMENDMENT TO BE SIGNED ON
ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
General Public Utilities
Corporation
By: /s/ P. R. Chatman
P. R. Chatman, Assistant
Comptroller
Date: May 8, 1996
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