UNITED STATES OF AMERICA
BEFORE THE SECURITIES AND EXCHANGE COMMISSION
__________________________________
In the Matter of
ALLEGHENY ENERGY, INC. CERTIFICATE OF
Hagerstown, Maryland NOTIFICATION
PURSANT TO RULE 24
MONONGAHELA POWER COMPANY
Fairmont, West Virginia
File No. 70-9625
(Public Utility Holding
Company Act of 1935)
_________________________________
This is to certify that Allegheny Energy, Inc. (Allegheny)
and Monongahela Power Company (Monongahela) have carried out
the following transactions in accordance with the terms and
conditions of and for the purposes represented by the
Application or Declaration and the Order of the Securities
and Exchange Commission dated August 11, 2000.
(1) On August 15, 2000, Allegheny sold $165,000,000 of its
medium-term notes at an interest rate of 7.75%. The said
notes contained a make whole redemption provision. The
underwriters were Goldman, Sachs & Co., Salomon Smith
Barney, Merrill Lynch & Co., and PNC Capital Markets, Inc.
The underwriters' cost was $990,000.
(2) On August 15, 2000, Monongahela borrowed $61,000,000
pursuant to a bank credit facility with Bank of America.
The notes were priced off the three-month Libor at a rate of
6.68% plus a spread of .50% for an all in cost of 7.18%.
(3) On August 18, 2000, Allegheny contributed the
$165,000,000 it obtained from the sale of its notes to
Monongahela.
(4) On August 18, 2000, Monongahela closed its purchase of
Mountaineer Gas from Energy Services Company and Energy
Company of America by delivering $222,668,750 and assuming
long-term debt of $100,131,250 in exchange for 1,831,687
shares of stock of Mountaineer Gas Company.
This certificate of Notification is filed within ten days of
the carrying out of the foregoing transaction.
ALLEGHENY ENERGY, INC.
