RELIANT ENERGY INC
U-33-S, 2000-06-28
ELECTRIC SERVICES
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                       SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.

                                  FORM U-33-S

               ANNUAL REPORT CONCERNING FOREIGN UTILITY COMPANIES

                        Filed under Section 33(e) of the
             Public Utility Holding Company Act of 1935, as amended
                  For the fiscal year ended December 31, 1999
        Filed pursuant to the Public Utility Holding Company Act of 1935
                                       by

                          RELIANT ENERGY, INCORPORATED
                                 1111 Louisiana
                             Houston, Texas  77002
<PAGE>

     Reliant Energy, Incorporated, a Texas corporation ("Reliant Energy"), on
behalf of itself and on behalf of Reliant Energy Resources Corp., a Delaware
corporation and wholly-owned subsidiary of Reliant Energy ("Resources") hereby
files with the Securities and Exchange Commission (the "Commission"), pursuant
to Section 33(e)(1) of the Public Utility Holding Company Act of 1935 (the
"Act") and Rule 57(b) of the implementing regulations thereunder, this Annual
Report Concerning Foreign Utility Companies on Form U-33-S covering the
preceding fiscal year ended December 31, 1999.  Reliant Energy is a United
States holding company exempt from regulation under the Act pursuant to Section
3(a)(2) thereunder and an associate company of each of, or otherwise owns an
interest in, the following foreign utility companies (collectively, the "Reliant
Energy FUCOs"):

      .     Empresa Distribuidora de Electricidad de Santiago del Estero S.A.,
      .     Light - Servicos de Eletricidade S.A.,
      .     Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A.,
      .     Empresa de Energia del Pacifico S.A. E.S.P.,
      .     Central Hidroelectrica del Rio Anchicaya S.A. E.S.P.,
      .     Compania de Electricidad de Tulua S.A. E.S.P.,
      .     Gases de Occidente S.A.,
      .     Interconexion Electrica S.A.,
      .     ISA Generacion S.A. E.S.P.,
      .     Electrificadora de la Costa Atlantica S.A. E.S.P.,
      .     Electrificadora del Caribe S.A. E.S.P.,
      .     Empresa Electrica de Oriente, S.A. de C.V.
      .     Compania de Alumbrado Electrico de San Salvador, S.A. de C.V.,
      .     Distribuidora Electrica de Usulutan, S. de E. M.,
      .     Rain Calcining Limited,
      .     Gas Natural del Centro, S.A. E.S.P.,
      .     Gas del Risaralda, S.A. E.S.P.,
      .     Gases del Norte del Valle S.A. E.S.P.,
      .     Gases del Quindio S.A. E.S.P.,
      .     Gas Natural del Rio Panuco S. de R.L. de C.V., and
      .     N.V.  UNA.

ITEM 1.

     IDENTIFY EACH FOREIGN UTILITY COMPANY, STATE ITS LOCATION AND BUSINESS
ADDRESS, AND DESCRIBE THE FACILITIES IT UTILIZES FOR THE GENERATION,
TRANSMISSION AND DISTRIBUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE
DISTRIBUTION AT RETAIL OF NATURAL OR MANUFACTURED GAS.  IDENTIFY EACH SYSTEM
COMPANY THAT HOLDS AN INTEREST IN THE COMPANY AND DESCRIBE THE INTEREST HELD.

                                      -2-
<PAGE>

1.   Empresa Distribuidora de Electricidad de Santiago del Estero S.A. ("EDESE")

     Location: North Central Argentina

     Business Address:   Avenida Roca (S) 214
                         4200 Santiago del Estero
                         Argentina

     Description of Facilities: EDESE is an electricity distribution company
serving customers in the north central part of Argentina under a 95-year
concession granted by the provincial government expiring on January 4, 2090.
EDESE was founded in 1994 as a result of the breakup of Agua y Energia Electrica
Sociedad del Estado, the former electric power company in Santiago del Estero.
EDESE has about 0.14 million customers and billed approximately 442.23 GWh of
electricity in 1999.   At December 31, 1999, the system through which EDESE
supplies electricity consisted of 2,371 transformers with a total capacity of
approximately 240 MVA and approximately 6,830 km of medium- and low-voltage
power lines with 2,041 supporting substations.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Santiago del Estero, S.A., a company organized under
the laws of Argentina, owns an approximately 90% interest in EDESE.  Reliant
Energy International, Inc., a wholly owned subsidiary of Reliant Energy and a
Delaware corporation ("Reliant Energy International"), owns an approximately 99%
interest in Reliant Energy Santiago del Estero, S.A. and exercises beneficial
ownership of all shares of capital stock of Reliant Energy Santiago del
Estero, S.A.

2.   Light - Servicos de Eletricidade S.A. ("Light")

     Location: Rio de Janeiro, Brazil

     Business Address:   Praia do Flamengo, 66-A
                         22210-030 Rio de Janeiro
                         Rio de Janeiro, Brazil

     Description of Facilities: Light is a publicly held Brazilian corporation
and the operator of an integrated electric power and distribution system that
serves a portion of the state of Rio de Janeiro, Brazil, including the city of
Rio de Janeiro.  Light has about 2.9 million customers and billed about 23,759
GWh of electricity in 1998.  Light has 786 megawatts of hydroelectric generation
and purchases the remainder of its power needs from FURNAS and Itaipu.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy International indirectly owns approximately12% of the
common stock of Light.  Reliant Energy and the other winning bidders in the
government sponsored auction for Light formed a consortium whose aggregate
ownership interest represents a controlling interest in Light.

                                      -3-
<PAGE>

     Reliant Energy Cayman Acquisitions Ltd., a company organized under the laws
of the Cayman Islands ("Cayman Acquisitions"), owns approximately .78% of the
common stock of Light and Reliant Energy Cayman Ltd., a company organized under
the laws of the Cayman Islands ("Reliant Cayman"), owns approximately 11% of the
common stock of Light.  Reliant Energy Cayman Holdings Ltd., a company organized
under the laws of the Cayman Islands ("Cayman Holdings"), owns a 99% interest in
Reliant Cayman and Reliant Energy Cayman Investments Ltd., a company organized
under the laws of the Cayman Islands ("Cayman Investments"), owns a 1% interest
in Reliant Cayman.  Cayman Holdings owns a 99% interest in Cayman Acquisitions
and Cayman Investments owns a 1% interest in Cayman Acquisitions.  Cayman
Holdings and Cayman Investments are wholly owned subsidiaries of Reliant Energy
Light, Inc., a Delaware corporation and wholly owned subsidiary of Reliant
Energy International.

3.   Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A. ("Metropolitana")

     Location: Sao Paulo, Brazil

     Business Address:   Av. Alfredo Egidio de Souza Aranha, 100
                         13 - BL B
                         Jardim Santo Antonio
                         CEP 04726-905
                         Sao Paulo, SP, Brazil

     Description of Facilities: Metropolitana is an electric distribution
company that serves a portion of the state of Sao Paulo, Brazil, including the
metropolitan area of the city of Sao Paulo.  Metropolitana serves approximately
4.4 million customers and primarily purchases its power from Itaipu and CESP.
CESP is the largest distributor in Latin America, which serves 13% of the
Brazilian distribution market.

     Associated foreign utility companies and description of ownership
interests: Light, through its subsidiary LightGas Ltda., a company organized
under the laws of Brazil ("LightGas"), owns approximately 78% of the common
stock of Metropolitana.  Therefore, Reliant Energy indirectly owns an
approximately 9% interest in the common stock of Metropolitana.  Light owns an
approximately 99% interest in LightGas.

4.   Empresa de Energia del Pacifico S.A. E.S.P. ("EPSA")

     Location: The Valle del Cauca province of Colombia.

     Business Address:   Carrera 57 No. 11-29
                         Cali, Valle, Colombia

                                      -4-
<PAGE>

     Description of Facilities: EPSA is engaged in the generation, transmission
and distribution of electricity and power marketing primarily in the Department
of Valle del Cauca in the southwestern region of Colombia, including the area
surrounding the city of Cali.   EPSA markets and distributes electricity to
approximately 360,000 customers in 39 of the 42 municipalities in Valle del
Cauca.  EPSA is the fourth largest generation company in Colombia and the only
major electricity generating company in southwestern Colombia.  As of December
31, 1999, EPSA had an aggregate installed capacity of 897 MW, of which
approximately 97% was hydroelectric. Additionally, EPSA has entered into a long-
term power purchase agreement, giving it access to an additional 140 MW of firm
thermal electric capacity.

     Associated foreign utility companies and description of ownership
interests: Valle Energy Ventures, Inc., a company organized under the laws of
the Cayman Islands ("Valle Energy"), owns an approximately 45% interest in EPSA.
Valle Energy is a 50-50 joint venture owned by Reliant Energy Colombia Ltd., a
company organized under the laws of the Cayman Islands and a wholly owned
subsidiary of Reliant Energy International ("Reliant Energy Colombia"), and
Grupo EDC, which comprises C.A. La Electricidad de Caracas, S.A.C.A. and
Corporacion  EDC S.A.C.A.  In addition, Reliant Energy Colombia owns an
approximately 6% interest in EPSA.

5.   Central Hidroelectrica del Rio Anchicaya S.A. E.S.P. ("Central Hidro")

     Location: The Valle del Cauca province of Colombia.

     Business Address:   Carrera 57 No. 11-38
                         Tercer Piso
                         Cali, Valle, Colombia

     Description of Facilities: Central Hidro is a hydroelectric facility
located in the Valle del Cauca province of Colombia.  Since the privatization,
Central Hidro has been managed as an integral part of the EPSA generation
system.

     Associated foreign utility companies and description of ownership
interests: EPSA owns a 99% interest in Central Hidro.

6.   Compania de Electricidad de Tulua S.A. E.S.P. ("CET")

     Location: Tulua, Colombia

     Business Address:   Calle 29 No.23-45
                         Tulua,  Valle, Colombia

                                      -5-
<PAGE>

     Description of Facilities: CET is an electric utility in Tulua, Colombia in
the center of the Valle Del Cauca province.   It serves 37,000 customers in an
area contiguous to the EPSA service area and has three small hydro-generating
units.

     Associated foreign utility companies and description of ownership
interests: EPSA owns an approximately 86% interest in CET.

7.   Gases de Occidente S.A.

     Location: Valle del Cauca province of Colombia

     Business Address:  Calle 44 Norte No. 4N-93
                        Barrio La Flora
                        Cali, Valle, Colombia

     Description of Facilities: Gases de Occidente is a natural gas distribution
company that serves the city of Cali.

     Associated foreign utility companies and description of ownership
interests: EPSA owns an approximately 7% interest in Gases de Occidente S.A.

8.   Interconexion Electrica S.A.

     Location:  Medellin, Colombia

     Business Address:   Calle 12 Sur No. 18-168
                         Medellin, Antioqua, Colombia

     Description of Facilities:  Interconexion Electrica S.A. is the national
electric transmission company of Colombia.

     Associated foreign utility companies and description of ownership
interests: EPSA owns an approximately 5% interest in Interconexion
Electrica S.A.

9.   ISA Generacion S.A. E.S.P.

     Location:  Medellin, Colombia

     Business Address:   Carrera 43 A  No. 11 A
                         80 El Poblado
                         Medellin, Antioquia, Colombia

                                      -6-
<PAGE>

     Description of Facilities:  ISA Generacion S.A. E.S.P. is the Colombian
national hydroelectric company and is the largest generation company in
Colombia.

     Associated foreign utility companies and description of ownership
interests: EPSA owns an approximately 5% interest in ISA Generacion S.A. E.S.P.

10.  Electrificadora de la Costa Atlantica S.A. E.S.P. ("Electrocosta")

     Location: The Atlantic coast region of Colombia.

     Business Address:   Carrera 3  No.26-76
                         Sector Chambacu
                         Edificio Chambacu 19 - Piso 3
                         Cartagena, Colombia

     Description of Facilities: Electrocosta is an electric distribution company
that, along with Electricaribe, serves approximately 1.2 million customers in
the Atlantic coastal region of Colombia, including the cities of Santa Marta,
Barranquilla and Cartagena.  Electrocosta manages 6,236 kilometers of sub-
transmission and primary electric distribution lines with voltages of 110 kV to
13.8 kV.  Electrocosta, along with Electricaribe, is linked throughout the
region to the national grid through a series of substations with a total
transformation capacity of 3,847 mVa.

     Associated foreign utility companies and description of ownership
interests: Caribe Energy Holdings Ltd., a company organized under the laws of
the Cayman Islands ("Caribe Energy"), owns an approximately 70% interest in
Electrocosta.  Caribe Energy is a wholly owned subsidiary of HIEDC Holdings
Ltd., a company organized under the laws of the Cayman Islands ("HIEDC
Holdings").  HIEDC Holdings is a 50-50 joint venture owned by Reliant Energy
Caribe Ltd., a company organized under the laws of the Cayman Islands and a
wholly owned subsidiary of Reliant Energy International, and Grupo EDC.

11.  Electrificadora del Caribe S.A. E.S.P. ("Electricaribe")

     Location: The Atlantic coast region of Colombia

     Business Address:   Calle 76  No.54-11 Piso 12
                         World Trade Center, Oficina 12-07
                         Barranquilla, Colombia

     Description of Facilities: Electricaribe is an electric distribution
company that, along with Electrocosta, serves approximately 1.2 million
customers in the Atlantic coastal region of Colombia, including the cities of
Santa Marta, Barranquilla and Cartagena. Electricaribe operates 4,745 kilometers
of sub-transmission and primary electric distribution lines with voltages of 110
kV to

                                      -7-
<PAGE>

13.8 kV.  Electricaribe, along with Electrocosta, is linked throughout the
region to the national grid through a series of substations with a total
transformation capacity of 3,847 mVa.

     Associated foreign utility companies and description of ownership
interests: Caribe Energy owns an approximately 69% interest in Electricaribe.

12.  Empresa Electrica de Oriente, S.A. de C.V. ("Oriente")

     Location: Eastern El Salvador

     Business Address:   Final 29a Av. Norte y Calle Bambu
                         Colonia San Antonio
                         Ayutuxtepeque
                         San Salvador
                         El Salvador

     Description of Facilities: Oriente is an electric distribution system
located in the eastern part of El Salvador.  The largest city in Oriente's
service area is San Miguel, the third largest city in El Salvador.  Over 94% of
Oriente's customers are residential.  At June 30, 1999, the system through which
Oriente supplied electricity consisted of 3,321 transformers representing
approximately 77 MVA of transformer capacity, approximately 4,130 km of medium-
and low-voltage power lines and 18 substations.  Oriente's primary system is a
medium-voltage network operating at 46 kV to 4.16 kV and accounting for 61% of
Oriente's total network.  Low voltage lines of 120 V and 240 V comprise the
remaining 39% of Oriente's total network.

     Associated foreign utility companies and description of ownership
interests: El Salvador Energy Holdings, a company organized under the laws of
the Cayman Islands ("El Salvador Holdings"), owns an approximately  89% interest
in Oriente.  El Salvador Holdings is a joint venture owned by Reliant Energy
Salvador Holding Company Ltd., a company organized under the laws of the Cayman
Islands ("Reliant Energy Salvador") and a wholly owned subsidiary of Reliant
Energy International, and EDC Energy Ventures-El Salvador, a company organized
under the laws of the Cayman Islands ("EDC").  EDC and Reliant Energy Salvador
each own a 50% interest in El Salvador Holdings.

13.  Compania de Alumbrado Electrico de San Salvador, S.A. de C.V. ("CAESS")

     Location: Central and northern El Salvador

     Business Address:   Final 29a Av. Norte y Calle Bambu
                         Colonia San Antonio
                         Ayutuxtepeque
                         San Salvador

                                      -8-
<PAGE>

                        El Salvador

     Description of Facilities: CAESS is an electric distribution system located
in the central and northern regions of El Salvador, including the majority of
the capital city of San Salvador.  Approximately 91% of CAESS's customers are
residential. At June 30, 1999, the system through which CAESS supplies
electricity consisted of 11,390 transformers with a total capacity of
approximately 421 MVA and approximately 5,956 km of medium- and low-voltage
power lines with 15 supporting substations and one under construction.  Low
voltage lines of 120 V and 240 V accounted for nearly 53% of the total network
and the remainder consisted primarily of medium voltage lines.  Nearly all of
CAESS's medium and low voltage lines are above ground with the exception of a
few kilometers of 4.16 kV underground lines in San Salvador.  The network had
nine points of delivery from the transmission grid, four of which are located in
San Salvador and five of which are located in rural areas.

     Associated foreign utility companies and description of ownership
interests: El Salvador Holdings owns an approximately 75% interest in CAESS.

14.  Distribuidora Electrica de Usulutan, S. de E. M. ("Usulutan")

     Location:   Southeastern El Salvador.

     Business Address:    Final 29a Av. Norte y Calle Bambu
                          Colonia San Antonio
                          Ayutuxtepeque
                          San Salvador
                          El Salvador

     Description of Facilities: Usulutan is an electric distribution system
serving southeastern portions of El Salvador, primarily in the department of
Usulutan.

     Associated foreign utility companies and description of ownership
interests: CAESS owns an approximately 98% interest in Usulutan.

15.  Rain Calcining Limited ("Rain")

     Location:  Visakhapatnam, India

     Business Address:   6-3-57 1/2, II Floor, "Rockvista"
                         Rockdale Estate, Somajiguida
                         Hyderabad 500 082, India

                                      -9-
<PAGE>

     Description of Facilities: Rain owns a petroleum coke calcining plant and
an associated electricity generation facility in Visakhapatnam, India, which is
located on the east coast of India midway between Calcutta and Madras in the
state of Andhra Pradesh.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy -Rain, Inc. ("RE Rain"), owns an approximately 25%
interest in Rain.  RE Rain is a wholly owned subsidiary of Reliant Energy -
India, Inc. ("RE India").  RE India is a wholly owned subsidiary of Reliant
Energy International II, Inc., a Delaware corporation and wholly owned
subsidiary of Reliant Energy International.

16.  Gas Natural del Centro, S.A. E.S.P. ("Gas Centro")

     Location:  Southwestern Colombia

     Business Address:   Carrera 13, No. 93-40/60
                         Santafe de Bogota, Colombia

     Description of Facilities: Gas Centro holds a concession from the Colombian
government to build and operate a natural gas distribution system in the state
of Caldas, Colombia.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Latin America, Inc., a Delaware corporation and wholly
owned subsidiary of Resources, owned an approximately 17% interest in Gas
Centro, which it sold in March, 2000.  Resources is a wholly owned subsidiary of
Reliant Energy.

17.  Gas del Risaralda, S.A. E.S.P. ("Gas Risaralda")

     Location:  Southwestern Colombia

     Business Address:   Carrera 13, No. 93-40/60
                         Santafe de Bogota, Colombia

     Description of Facilities: Gas Risaralda holds a concession from the
Colombian government to build and operate a natural gas distribution system in
the state of Risaralda, Colombia.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Latin America, Inc. owned an approximately 19%
interest in Gas Risaralda, which it sold in March 2000.

18.  Gases del Norte del Valle S.A. E.S.P. ("Gases Norte")

     Location:  Southwestern Colombia


                                      -10-
<PAGE>

     Business Address:   Carrera 13, No. 93-40/60
                         Santafe de Bogota, Colombia

     Description of Facilities: Gases Norte holds a concession from the
Colombian government to build and operate a natural gas distribution system in
the state of Valle del Cauca, Colombia.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Latin America, Inc. owned an approximately 34%
interest in Gases Norte, which it sold in March 2000.

19.  Gases del Quindio S.A. E.S.P. ("Gases Quindio")

     Location:  Southwestern Colombia

     Business Address:   Carrera 13, No. 93-40/60
                         Santafe de Bogota, Colombia

     Description of Facilities: Gases Quindio holds a concession from the
Colombian government to build and operate a natural gas distribution system in
the state of Quindio, Colombia.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Latin America, Inc. owned an approximately 25%
interest in Gases Quindio, which it sold in March 2000.

20.  Gas Natural del Rio Panuco S. de R.L. de C.V. ("Gas Rio Panuco")

     Location: Northeastern Mexico

     Description of Facilities: Gas Rio Panuco holds a 30-year concession from
the Mexican government to build, operate and maintain a natural gas distribution
system in northeastern Mexico.

     Associated foreign utility companies and description of ownership
interests: Reliant Energy Latin America, Inc. sold its 50% interest in Gas Rio
Panuco in November 1999 for $8.4 million.

21.  N.V. UNA ("UNA")

     Location:  The Netherlands

     Business Address:  Keulsekade 189, Utrecht
                        The Netherlands

                                      -11-
<PAGE>

     Description of Facilities:  UNA is one of the Netherlands' four largest
generating companies. In 1999,  UNA generated more than 20% of the country's
electricity production, excluding electricity generated by cogeneration or other
industrial processes.  UNA serves the provinces of North-Holland and Utrecht, as
well as the municipalities of Amsterdam and Utrecht, providing electricity for
approximately two million people and more than 12,000 commercial users.  As of
December 31, 1999, UNA owned and operated 14 generating stations with 3,472
Megawatts of capacity spread across five sites.  UNA's generating stations also
supply several large municipalities with hot water for district heating
purposes.  In 1999, approximately 47% of UNA's generation output was natural gas
fired, 19% was blast furnace fired and 34% was coal fired.

     Associated foreign utility companies and description of ownership
interests:  Reliant Energy UNA B.V. a company organized under the laws of the
Netherlands ("REUNA"),  acquired 40% and 12% of UNA's capital stock on
October 7, 1999 and December 1, 1999, respectively, and on March 1, 2000,
purchased the remaining 48% of the shares of UNA. Reliant Energy Wholesale
(Europe) Holdings II C.V., a company organized under the laws of the Netherlands
("Holdings II") owns a 48% interest in REUNA, and Reliant Energy Wholesale
(Europe) C.V., a company organized under the laws of the Netherlands ("Wholesale
C.V."), owns a 52% interest in REUNA. Reliant Energy Wholesale (Europe) Holdings
B.V., a company organized under the laws of the Netherlands ("Wholesale Holdings
B.V.") owns a 0.5% general partnership interest in Holdings II and a 0.5%
general partnership interest in Wholesale C.V. The Dutch branch of Reliant
Energy Europe Inc., a company organized under the laws of the state of Delaware
("RE Europe"), owns a 99.5% limited partnership interest in both Holdings II and
Wholesale C.V. Wholesale Holdings B.V. is a wholly-owned subsidiary of RE
Europe, which is a wholly-owned subsidiary of Reliant Energy Capital (Europe),
Inc., a company organized under the laws of the state of Delaware ("RE
Capital"). RE Capital is a wholly-owned subsidiary of Reliant Energy Power
Generation, Inc., a corporation organized under the laws of the state of
Delaware ("Power Generation"). Power Generation is a wholly-owned subsidiary of
Reliant Energy.

ITEM 2.

     IDENTIFY ANY DEBT OR OTHER FINANCIAL OBLIGATION OF THE FOREIGN UTILITY
COMPANY FOR WHICH THERE IS RECOURSE DIRECTLY OR INDIRECTLY TO THE REPORTING
PUBLIC-UTILITY COMPANY OR, IF THE REPORTING COMPANY IS AN EXEMPT HOLDING
COMPANY, TO ANY SYSTEM COMPANY.  IDENTIFY SEPARATELY ANY DIRECT OR INDIRECT
GUARANTEE OF A SECURITY OF A FOREIGN UTILITY COMPANY BY ANY SYSTEM COMPANY.

     Neither Reliant Energy nor any system company is subject to recourse for
any debt or other financial obligation (through direct or indirect guarantees or
otherwise) of any of the Reliant Energy FUCOs.

                                      -12-
<PAGE>

ITEM 3.

     IDENTIFY ANY SERVICE, SALES OR CONSTRUCTION CONTRACT(S) BETWEEN A FOREIGN
UTILITY COMPANY AND THE REPORTING PUBLIC-UTILITY COMPANY OR, IF THE REPORTING
COMPANY IS AN EXEMPT HOLDING COMPANY, ANY SYSTEM COMPANY.  DESCRIBE THE SERVICES
TO BE RENDERED OR GOODS SOLD, AND THE FEES OR REVENUES UNDER SUCH CONTRACT(S).

     The following list contains all of the service, sales and construction
contracts between any Reliant Energy FUCO and any system company of Reliant
Energy:

1. EDESE.  None.

2.  Light.  Light, Metropolitana, Reliant Energy and four other corporations
involved in the acquisition of Metropolitana entered into a Contract for
Rendering of Services, dated April 15, 1999, under which Metroplitana agreed to
pay the other parties to the Contract compensation for providing technical and
operational advice to Metropolitana. The fees under this Contract correspond to
the expenses incurred in the performance of such activities.

     Light and International are parties to an Economic and Financial Consulting
Services Contract, dated April 9, 1999,  under which International provides
consulting services to Light in the areas of economic study and administrative
and financial management. For such services, Light pays International a fee of
$1,200,000 per year.  The Contract is for a one year duration, renewable upon
the agreement of both parties.

3.   Metropolitana.  See description of Contract for Rendering Services
described in 2, above.

4.   EPSA.  None.

5.   Central Hidro.  None.

6.   CET.  None.

7.   Gases de Occidente S.A.  None.

8.   Interconexion Electrica S.A.  None.

9.   ISA Generacion S.A. E.S.P.  None.

10.  Electrocosta and Caribe Energy entered into a Technical Services Agreement
by which Caribe Energy will provide Electrocosta with technical and operational
advice.  Under the Agreement, Electrocosta will pay Caribe Energy a monthly fee
equal to the sum of $1,500,000 for each 1% of reduction in Electrocosta's total
losses in the corresponding month and 0.75% of Electrocosta's sales during the
corresponding month.

                                      -13-
<PAGE>

11.  Electricaribe and Caribe Energy entered into a Technical Services Agreement
by which Caribe Energy will provide Electricaribe with technical and operational
advice.  Under the Agreement, Electricaribe will pay Caribe Energy a monthly fee
equal to the sum of $2,000,000 for each 1% of reduction in Electricaribe's total
losses in the corresponding month and 0.75% of Electricaribe's sales during the
corresponding month.

12.  Oriente and El Salvador Holdings entered into Technical Service Agreement,
effective March 1, 1998, by which El Salvador Holdings will provide technical
and management advice to Oriente, and  Oriente will pay El Salvador Holdings an
amount equal to two percent of its total sales for such advice.

13.  CAESS and El Salvador Holdings entered into Technical Service Agreement,
effective March 1, 1998, by which El Salvador Holdings will provide technical
and management advice to CAESS, and CAESS will pay El Salvador Holdings an
amount equal to two percent of its total sales for such advice.

14.  Usulutan.  None.

15.  Rain and RE Rain entered into a Technical Assistance Agreement, effective
as of April 20, 1995, by which RE Rain agreed to provide technical and
operational assistance to Rain.  During the construction period of the
cogeneration facility, Rain agreed to pay RE Rain $200,000 plus a bonus based on
each megawatt beyond a certain level produced by Rain's steam turbine.  During
the operations period of the cogeneration facility, Rain agreed to pay RE Rain a
quarterly operations fee equal to the greater of one-half of the revenues from
the sale of electricity produced by the facility, or $25,000, and an annual
bonus calculated based on the production of the facility and the sales revenue.

16.  Gas Centro.  None.

17.  Gas Risaralda.  None.

18.  Gases Norte.  None.

19.  Gases Quindio.  None.

20.  Gas Rio Panuco.  None.

21.  UNA.  None.

                                      -14-
<PAGE>

                                   SIGNATURE

     The undersigned company has duly caused this annual report to be signed on
its behalf by the undersigned thereunto duly authorized pursuant to the
requirements of the Public Utility Holding Company Act of 1935. The signature of
the undersigned company shall be deemed to relate only to matters having
reference to such company or its subsidiaries.

                              RELIANT ENERGY, INCORPORATED


                          By: /s/ Mary P. Ricciardello
                              ----------------------------
                              (Mary P. Ricciardello)
                              Senior Vice President and Chief Accounting Officer


Date:  June 28, 2000

Name, title and address of officer to whom notices and correspondence concerning
this statement should be addressed:

               Mary P. Ricciardello
               Senior Vice President and Chief Accounting Officer
               Reliant Energy, Incorporated
               1111 Louisiana
               Houston, TX  77002

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                                   EXHIBIT A

     AN ORGANIZATIONAL CHART SHOWING THE RELATIONSHIP OF EACH FOREIGN UTILITY
COMPANY TO THE REPORTING PUBLIC-UTILITY COMPANY OR, IN THE EVENT THAT THE
REPORTING COMPANY IS AN EXEMPT HOLDING COMPANY, TO SYSTEM PUBLIC-UTILITY
COMPANIES.

Exhibit A-1    EDESE

Exhibit A-2    Light and Metropolitana

Exhibit A-3    Electrocosta, Electricaribe, EPSA, Central Hidro, CET, Gases de
               Occidente S.A., Interconexion Electrica S.A. and ISA Generacion
               S.A. E.S.P.

Exhibit A-4    Oriente, CAESS and Usulutan

Exhibit A-5    Rain

Exhibit A-6    Gas Centro, Gas Risaralda, Gases Norte and Gases Quindio

Exhibit A-7    Gas Rio Panuco

Exhibit A-8     UNA

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