CALIFORNIA ENERGY CO INC
8-K, 1995-01-27
STEAM & AIR-CONDITIONING SUPPLY
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               Securities and Exchange Commission

                      Washington, DC  20549

                            Form 8-K

                         Current Report

             Pursuant to Section 13 to 15(d) of the
                  Securities Exchange Act 1934


                 Date of Report January 25, 1995
                (Date of earliest event reported)



                 California Energy Company, Inc.
     (Exact name of registrant as specified in its charter)



    Delaware              1-9874                  94-2213782      
(State of other       (Commission File       (IRS Employer
 jurisdiction of       Number)                Identification No.)
 incorporation)



   10831 Old Mill Road        Omaha, Nebraska            68154   
 (Address of principal executive offices)              Zip Code




Registrant's Telephone Number, including area code:(402) 330-8900




                               N/A                               
  (Former name or former address, if changed since last report)


Item 5.  Other Events

     On January 25, 1995, the Registrant announced the promotion
of Thomas R. Mason to President and Chief Operating Officer. 
David L. Sokol will remain in the position of Chief Executive
Officer and Chairman of the Board.  A copy of the press release
issued by the Registrant is set forth as Exhibit 1 hereto and is
incorporated herein by reference.


Item 7.  Financial Statements and Exhibits

Exhibit 1 - Press Release dated January 25, 1995.

                            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 undersighed hereunto duly authorized.

                              California Energy Company, Inc.



                              By: \s\ Douglas L. Anderson
                                    Douglas L. Anderson
                                    Assistant Secretary



FOR IMMEDIATE RELEASE

David L. Sokol - Chairman and Chief Executive Officer(402) 330-8900
Dale R. Schuster - Vice President                  (402) 330-8900

             CALIFORNIA ENERGY NAMES THOMAS R. MASON
              PRESIDENT AND CHIEF OPERATING OFFICER

     OMAHA, NEBRASKA, January 25, 1995 -- California Energy Company, Inc.
(NYSE, PSE, LSE:  CE) today announced the promotion of Thomas R. Mason to
President and Chief Operating Officer.  Mr. Mason, who has been with CE since
1991, previously held the position of Senior Vice President, Operations and
Engineering and was responsible for the overall management and operation of
CE's existing power production facilities and CE's engineering subsidiary,
The Ben Holt Co.

     Mr. Mason, with over 30 years experience in the power, manufacturing and
energy industries, brings extensive management experience in marketing,
planning, corporate and project analysis, and operations.  Prior to joining
California Energy, Mr. Mason has held senior management positions at Energy
Factors (now Sithe Energies) and Solar Turbines, Inc.

     Mr. Mason received his BSEE from Purdue University in 1966 and his MBA
from the University of Chicago in 1970.

     "As we continue to execute our aggressive, long-term growth strategy, it
is important the organization continues to evolve to meet the future challenges
and growth.  The promotion of Tom Mason, clearly one of the leading executives
in the industry, is well deserved and continues to position CE for the future,
" stated David Sokol, Chairman and Chief Executive Officer of CE.

     California Energy Company, Inc., with its majority owned subsidiary Magma
Power Company, is a leading international developer, owner and operator of
geothermal and other environmentally responsible power generation facilities.
Its 13 existing facilities currently produce over 553 MW of power, with an
additional 500 MW under construction and 1,589 MW currently under award or
contract.

                              # # #



                    CALIFORNIA ENERGY COMPANY
10831 OLD MILL ROAD, OMAHA, NEBRASKA 68154 (402) 330-8900 FAX: (402) 330-9888



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