SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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
Allgas Energy Ltd.
(name of foreign utility company)
GPU, Inc. ("GPU")
(Name of filing company, if filed on
behalf of a foreign utility company)
<PAGE>
Item 1.
The name of the entity claiming foreign utility company
status is Allgas Energy Ltd. ("Allgas Energy").
Allgas Energy's address is:
c/o GPU Electric, Inc.
One Upper Pond Road
Parsippany, N.J. 07054
The following is a brief description of facilities used for the
distribution at retail of natural or manufactured gas:
Allgas Energy is a distributor of both natural gas and liquified
petroleum gas ("LPG"). Allgas Energy's gas network includes 1927
km of pipelines, with average daily volumes of 559,000 cubic
meters, and serves approximately 85,698 customers (57,506 natural
gas and 28,192 LPG) in the State of Queensland, Australia. Allgas
Energy is also engaged in the retail sale of gas appliances and
equipment throughout Australia.
GPU Electric, Inc. will acquire 10.36% of the ordinary
shares of Allgas Energy, which shares are currently owned by The
Australian Gas Light Company. GPU Electric, Inc. is a wholly
owned subsidiary of GPU.
The following are the holders of five percent or more of the
ordinary shares of Allgas Energy as of October 20, 1997 known to GPU:
Holder Shares Percentage
Littleport Pty Limited 1,358,785 12.48%
Australian Gas Light Company 1,127,499 10.36%
Mount Lyell Investments Limited 785,874 7.22%
Suncorp General Insurance Limited 784,310 7.21%
Perpetual Trustee Company Limited 722,555 6.64%
Washington H. Soul Pattinson &
Company Limited 565,875 5.20%
The following are the holders of five percent or more of the
preference shares of Allgas Energy, as of October 20, 1997 known to
GPU:
Holder Shares Percentage
Winpar Holdings Limited 75,106 47.55%
Jofed Pty Ltd 11,525 5.76%
Item 2.
The following U.S. public utility companies will be
associates of Allgas Energy: Jersey Central Power & Light
<PAGE>
Company, Metropolitan Edison Company and Pennsylvania Electric
Company, which are wholly-owned subsidiaries of GPU. No such public
utility company is acquiring an interest in Allgas Energy.
<PAGE>
The undersigned company has duly caused this statement to be
signed on its behalf by the undersigned thereunto duly authorized.
GPU, INC.
By:
Name: T. G. Howson
Title: Vice President and Treasurer
Date: January 6, 1998
