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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) April 21, 2000
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NEVADA POWER COMPANY
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(Exact name of the registrant as specified in its charter)
NEVADA 1-4698 88-0045330
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
6226 West Sahara Avenue, Las Vegas, Nevada 89146
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 702-367-5000
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None
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(Former name, former address and former fiscal year, if changed since last
report)
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Item 5. Other Events
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On April 18, 2000, Sierra Pacific Resources (the parent corporation of
Nevada Power Company and Sierra Pacific Power Company) issued a press release
announcing the resignation of Malyn K Malquist. Mr Malquist was the President
and Chief Operating Officer for Sierra Pacific Resources and President of both
Sierra Pacific Power Company and Nevada Power Company.
A copy of the press release, dated April 18, 2000, relating to the above
described matter is attached as Exhibit 99.1 hereto.
Item 7. Financial Statements and Exhibits
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(a) Financial Statements of Businesses Acquired.
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Not required
(b) Pro forma financial information.
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Not required
(c) Exhibits.
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99.1 Sierra Pacific Resources- Press Release issued April 18, 2000
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Sierra Pacific Resources
Date: April 21, 2000 By: /s/ Mark A. Ruelle
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Mark A. Ruelle
Senior Vice President
Chief Financial Officer and Treasurer
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Exhibit Index
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Exhibit 99.1
Sierra Pacific Resources- Press Release issued April 18, 2000.
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Exhibit 99.1
LAS VEGAS, NV(April 18) Sierra Pacific Resources announced today the
resignation of Malyn K. Malquist, who is leaving the company to pursue other
business opportunities.
Malquist was the President and Chief Operating Officer for Sierra Pacific
Resources and President of both Sierra Pacific Power Co. and Nevada Power Co. He
joined Sierra Pacific Resources in 1994 as Senior Vice President and Chief
Financial Officer.
The Resources Board expressed its appreciation to Malquist for his dedicated
service during a time of great change in the electric utility business. Sierra
Pacific Resources Chairman and CEO Michael R. Niggli said that effective
immediately those officers previously reporting to Malquist would report
directly to him. He added the company is looking at restructuring the
organization and executive reporting responsibilities so that it can easily
transition to a new, larger structure that incorporates the anticipated
acquisition of Portland General Electric.
Sierra Pacific Resources announced in November 1999 that it had entered into a
purchase and sale agreement for Enron's wholly owned electric utility
subsidiary, Portland General Electric. The transaction is expected to close by
the end of 2000.
