SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under Section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
(the "1935 Act")
Plantas Eolicas S.A.
_____________________________________
(Name of foreign utility company)
Charter Oak Energy, Inc.
_____________________________________
(Name of filing company; if filed on
behalf of a foreign utility company)
The Commission is requested to
mail copies of all communications to:
Eugene G. Vertefeuille
Charter Oak Energy, Inc.
P.O. Box 270
Hartford, CT 06141-0270
ITEM 1
A. Name and Business Address
Plantas Eolicas S.A.
29th Street, 3rd and 5th Avenues
San Jose, Costa Rica
B. Description of Facilities
Plantas Eolicas S.A. ("Plantas Eolicas") is a company
organized under the laws of Costa Rica for the sole purpose of
owning and operating the Plantas Eolicas facility (the
"Facility"). The Facility is a 20 MW wind power project,
consisting of 55 KENETECH Model 33M-VS variable speed wind
turbines and associated electrical interconnection equipment,
located in Guanacaste Province, Costa Rica. The Facility will
interconnect with the national transmission grid at the Arenal
substation located 6 kilometers from the project site.
Electricity generated by the Facility will be sold at wholesale
to the Instituto Costarricense de Electricidad, the national
utility company of Costa Rica under the terms of a Power Purchase
Agreement. Plantas Eolicas does not derive any income from
generation, transmission or distribution of electric energy for
sale, or the distribution at retail of natural or manufactured
gas for heat, light or power, within the United States.
C. To the Extent Known, Holder of Five Percent or More of Any
Class of Voting Securities of Plantas Eolicas.
Charter Oak Energy, Inc., a Connecticut corporation and
a wholly owned subsidiary of Northeast Utilities, a registered
holding company, through its wholly owned subsidiary, COE Tejona
Corporation, will own approximately 65% of the issued and
outstanding common stock of Plantas Eolicas. It is anticipated
that a Costa Rican company, Grupa Zeta, will hold the remaining
35% of the common stock of Plantas Eolicas. Such common stock is
the only class of voting securities of Plantas Eolicas. Neither
Plantas Eolicas, Charter Oak Energy, Inc., or any subsidiary
company of any of the foregoing is a public utility company
operating in the United States.
ITEM 2
A. Domestic Associate Public-Utility Companies of Plantas
Eolicas.
Plantas Eolicas will be an associate company of the
domestic public utility subsidiaries of Northeast Utilities.
These domestic public utilities are: The Connecticut Light and
Power Co., Public Service Company of New Hampshire, Western
Massachusetts Electric Company, Holyoke Water Power Co., Holyoke
Power and Electric Co., North Atlantic Energy Corporation,
Connecticut Yankee Power Company, Yankee Atomic Electric Company,
Maine Yankee Atomic Electric Power Company, and Vermont Yankee
Nuclear Power Corporation.
None of these associate domestic public utility
companies has a direct relationship with Plantas Eolicas and none
of these domestic public utility companies made any direct
contribution toward the purchase price of the interest in Plantas
Eolicas, nor will any contribute funds toward the development or
operation of the Facility.
EXHIBIT A
Not Applicable
SIGNATURE
The undersigned company has duly caused this statement
to be signed on its behalf by the undersigned thereunto duly
authorized.
/s/ William S. Lamb
By: William S. Lamb
LeBoeuf, Lamb, Greene
& MacRae, L.L.P.
A Partnership Including
Profession Corporations
125 West 55th Street
New York, NY 10019
Date: January 26, 1996
