EXHIBIT H
[Form of Notice of Proposed Transactions]
UNITED STATES OF AMERICA
before the
SECURITIES AND EXCHANGE COMMISSION
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Release No. 35- ___________/ File No. 70- 9123
In the Matter of :
:
ENTERGY CORPORATION, :
ET AL. :
:
:
NOTICE OF POST-EFFECTIVE AMENDMENT TO APPLICATION CONCERNING
PROPOSED INCREASE IN GUARANTEE AUTHORITY
Entergy Corporation ("Entergy"), a registered holding
company, and its wholly-owned subsidiaries Entergy
Enterprises, Inc., Entergy Power, Inc., Entergy Nuclear,
Inc., Entergy Operations Services, Inc., Entergy Power
Marketing Corp., Entergy Global Power Operations Corporation
and Entergy Power Operations U.S., Inc., have filed a post-
effective amendment to their application-declaration
pursuant to Sections 6(a), 7 and 12(b) of the Act and Rules
45 and 54 thereunder.
Pursuant to the initial order in this File, dated June
22, 1999 (the "June 1999 Order"), among other things,
Entergy and the other applicants are authorized to issue
guarantees to or for the benefit of certain non-utility
associate companies ("Non-utility Companies") in an
aggregate principal amount (inclusive of certain previously
issued and outstanding guarantees) up to $750 million. To
permit the planned expansion of Entergy's global power
development business, Entergy recently received Commission
approval in File No. 70-9049 (see HCAR No. 27184 (June 13,
2000)) to use the proceeds from the sale of Entergy
securities and/or to provide guarantees for its investments
in "exempt wholesale generators" and "foreign utility
companies" (collectively, "Exempt Projects") in amounts
which, when added to Entergy's "aggregate investment" (as
defined in Rule 53(a)(1)(i)) in Exempt Projects, would not
exceed 100% of Entergy's "consolidated retained earnings"
(as defined in Rule 53(a)(1)(ii)). As of May 31, 2000,
giving effect to such authorization would permit Entergy to
make additional investments in Exempt Projects of
approximately $1.7 billion. However, under the June 1999
Order, Entergy currently has the capacity to issue
guarantees to or for the benefit of Exempt Projects (and
other Non-utility Companies) in an aggregate principal
amount of approximately $360 million.
In order to further facilitate the development,
acquisition and ownership by Entergy of interests in Exempt
Projects and other Non-utility Companies, as authorized or
permitted under the Act from time to time, to the extent
such transactions are not exempt from the Act or otherwise
authorized or permitted by rule, regulation or order of the
Commission issued thereunder, Entergy and Non-utility
Companies request authority to issue guarantees to or for
the benefit of Non-utility Companies from time to time
through December 31, 2005, in an aggregate principal amount
not to exceed $2 billion at any one time outstanding
(excluding any guarantees previously issued and outstanding
under the June 1999 Order) (the "Aggregate Authorization").
The amount of a guarantee shall not reduce the Aggregate
Authorization to the extent that the provision of such
guarantee is exempt from the Act or is otherwise authorized
or permitted by rule or regulation of the Commission issued
thereunder.
The application-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 no later than [__________, 2000], to the Secretary,
Securities and Exchange Commission, 450 Fifth Street, N.W.,
Washington, D.C. 20549, and serve a copy on the applicants-
declarants at the addresses specified above. Proof of
service (by affidavit or, in the case of an 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-declaration, as filed or as
it may be amended, may be granted and/or permitted to become
effective.
For the Commission, by the Office of Public Utility
Regulation, pursuant to delegated authority.
[NAME OF SECRETARY]
[Secretary]
