File No. 70-8307
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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POST-EFFECTIVE AMENDMENT NO. 16
TO
FORM U-1
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APPLICATION OR DECLARATION
under the
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
* * *
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
AEP RESOURCES SERVICE COMPANY
1 Riverside Plaza, Columbus, Ohio 43215 (Name of companies
filing this statement
and addresses of principal executive offices)
* * *
AMERICAN ELECTRIC POWER COMPANY, INC.
1 Riverside Plaza, Columbus, Ohio 43215
(Name of top registered holding company
parent of each applicant or declarant)
* * *
A. A. Pena, Treasurer
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215
Susan Tomasky, General Counsel
AMERICAN ELECTRIC POWER SERVICE CORPORATION
1 Riverside Plaza, Columbus, Ohio 43215 (Names and addresses
of agents for service)
American Electric Power Company, Inc., a registered holding company
("AEP"), and its wholly owned subsidiary, AEP Resources Service Company
("RESCO") (jointly, the "Applicants"), hereby amend their Application or
Declaration on Form U-1 in File No. 70-8307 by filing Exhibit G-3, Form of
Notice herewith.
SIGNATURE
Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned companies have duly caused this amendment to be signed on
their behalf by the undersigned thereunto duly authorized.
AMERICAN ELECTRIC POWER COMPANY, INC.
AEP RESOURCES SERVICE COMPANY
By _/s/ A. A. Pena________________
Treasurer
Dated: January 19, 2000
Exhibit G-3
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Release No. /January , 2000
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:
In the Matter of :
:
AMERICAN ELECTRIC POWER COMPANY, INC. :
AEP RESOURCES SERVICE COMPANY :
1 Riverside Plaza :
Columbus, Ohio 43215 :
:
(70-8307) :
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American Electric Power Company, Inc. ("AEP"), a registered holding
company, and AEP Resources Service Company ("RESCO"), whose name was changed
from AEP Energy Services, Inc. on March 7, 1997, a subsidiary of AEP, have filed
with this Commission an Application or Declaration on Form U-1 pursuant to the
Public Utility Holding Company Act of 1935 (the "Act"), designating Sections
6(a), 7, 9(a), 10, 12(b), 12(c), 13(b) of the Act, and Rules 45, 54, 90 and 91
thereunder. The Applicants request authorization to engage in various financing
and related transactions involving AEP and/or certain of its nonutility
subsidiaries.
By orders dated April 5, 1995, December 28, 1995 and December 16, 1998
(HCAR Nos. 26267, 26442 and 26952, respectively) (the "Orders") the Commission
authorized AEP, among other things, to: (1) guarantee the debt of RESCO and its
subsidiaries in an amount not to exceed $51 million through December 31, 2001;
and (2) issue guarantees and assumptions of liability on behalf of RESCO and its
subsidiaries to third parties in an aggregate amount not to exceed $200 million
through December 31, 2001 (collectively, the "Guarantee Authority"). AEP now
requests authority to (i) guarantee debt of RESCO to third parties in an amount
not to exceed $400 million through June 30, 2004 and (ii) issue guarantees and
assumptions of liability on behalf of RESCO to third parties in an amount not to
exceed $400 million through June 30, 2004. Guaranties may take the form of an
agreement by AEP to guarantee, undertake reimbursement obligations, assume
liabilities or other obligations with respect to, or act as surety on, bonds,
letters of credit, equity commitments, performance and other obligations.
By Orders dated March 7, 1997, April 5, 1995 and April 12, 1982 (HCAR Nos.
26682, 26267 and 22468, respectively), RESCO was authorized, among other things,
to (1) sell management, technical and training expertise and certain technical
and procedural resources ("Consulting Services") to nonaffiliated entities; (2)
provide project development, engineering, design, construction and construction
management, operating fuel management, maintenance and power plant overhaul and
other similar kinds of managerial and technical services ("Power Project
Services"); (3) provide Consulting Services and Power Project Services in
foreign jurisdictions; (4) provide energy management and demand-side management
services in the United States (collectively with Power Project Services and
Consulting Services, "Authorized Services"); and (5) form one or more partly or
wholly-owned subsidiaries ("New Subsidiaries") to provide one or more of the
Authorized Services. RESCO was authorized to provide Power Project Services to
both affiliated and nonaffiliated exempt wholesale generators ("EWGs"), foreign
utility companies ("FUCOs"), qualifying cogeneration facilities and small power
production facilities ("QFs") and other projects relating to the generation,
transmission and distribution of electric power (collectively, "Power
Projects").
RESCO now requests, to the extent not exempt or otherwise authorized, an
exemption from the at-cost requirement of Rules 90 and 91 for Authorized
Services rendered by RESCO or any New Subsidiary to any partially-owned
associate Power Project, exempt telecommunications company ("ETC"),
energy-related company ("ERC") or New Subsidiary, provided that the ultimate
purchaser of the Authorized Services is not an associate 'public utility
company' (as defined in the Act) or a subsidiary of AEP whose activities and
operations are primarily related to the provision of services or goods to
associate public utility companies. In addition, Applicants request that the
exemption apply to Authorized Services provided to any other subsidiary of
Resources (i) that is engaged solely in the business of developing, owning,
operating and/or providing Authorized Services to those exempt Power Projects
enumerated above, or (ii) that does not derive, directly or indirectly, any
material part of its income from sources within the United States and is not a
public utility company operating within the United States.
The Application or Declaration and any amendments thereto are available
for public inspection through the Commission's Office of Public Reference.
Interested persons wishing to comment or request a hearing should submit their
views in writing by February , 2000 to the Secretary, Securities and Exchange
Commission, Washington, D.C. 20549, and serve a copy on the applicants at the
address specified above. Proof of service (by affidavit or, in case of any
attorney at law, by certificate) should be filed with the request. Any request
for a hearing shall identify specifically the issues of fact or law that are
disputed. A person who so requests will be notified of any hearing, if ordered,
and will receive a copy of any notice or order issued in this matter. After said
date, the Application or Declaration, as filed or as it may be amended, may be
permitted to become effective.
For the Commission, by the Office of Public Utility Regulation, pursuant
to delegated authority.
Jonathan G. Katz
Secretary
