UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM U-3A-2
File No. 070-
Statement by Holding Company Claiming Exemption Under Rule U-3A-2 from the
Provisions of the Public Utility Holding Company Act of 1935
NORTHERN STATES POWER COMPANY
Hereby files with the Securities Exchange Commission, pursuant to Rule 2, its
statement claiming exemption as a holding company from the provisions of the
Public Utility Holding Company Act of 1935, and submits the following
information for the year ending December 31, 1997:
1. NAME, STATE OF ORGANIZATION, LOCATION, AND NATURE OF BUSINESS OF CLAIMANT
AND EVERY SUBSIDIARY THEREOF, OTHER THAN ANY EXEMPT WHOLESALE GENERATOR (EWG) OR
FOREIGN UTILITY COMPANY IN WHICH CLAIMANT DIRECTLY OR INDIRECTLY HOLDS AN
INTEREST.
Northern States Power Company ("NSPM" or the "Company) was incorporated under
the laws of the State of Minnesota in 1909. It is a public utility company and
a holding company exempt from regulation by the Commission under the Act (except
for Section 9(a)(2) thereof) pursuant to Section 3(a)(2) of the Act.
NSP is engaged primarily in the generation, transmission, and distribution of
electricity throughout a 30,000 square mile service area. NSP also purchases,
distributes, and sells natural gas to retail customers, and transports
customer-owned gas, in approximately 118 communities within this area. NSP
provides electric utility service in South Dakota and electric and gas utility
service and Minnesota and North Dakota. As of December 31, 1997, NSP provided
electric utility service to approximately 1,220,000 customers and gas utility
service to approximately 375,000 customers.
NSP has one public utility subsidiary under the Act, Northern States Power
Company, a Wisconsin corporation ("NSPW"). NSP has ten other directly-owned
subsidiaries that are engaged in various non-utility businesses:
<TABLE>
<S> <C> <C>
Northern States Power Minnesota Public utility generating,
Company transmitting and distributing
(Parent Company) electricity and natural gas in
("NSPM") Minnesota, North Dakota and
South Dakota
Subsidiary Name Location Location and Nature of
of Business
Incorporat
ion
Cormorant Corporation Montana Established for the principal
purpose of acquiring fuel
resources and has historically
engaged in oil, gas, coal
lignite and uranium
exploration
Eloigne Company Minnesota Affordable housing primarily
within the Company's service
area
Energy Masters International Minnesota Energy services
Inc. (EMI)
First Midwest Auto Park Inc. Minnesota Owns and operates a parking
(FMAP) garage located next to NSP's
headquarters in Minneapolis,
Minnesota
Northern States Power Wisconsin Public utility generating,
Company transmitting and distributing
(Wisconsin) electricity and natural gas in
("NSPW") Wisconsin and Michigan
NRG Energy, Inc. Delaware Develops, builds, acquires,
owns and operates non-
regulated energy-related
business world-wide
NSP Financing I Delaware Statutory business trust
formed as a special-purpose
financing entity to support
Trust Originated Preferred
Securities
Seren Innovations Inc. Minnesota Formed to pursue communication
and data services business in
the Upper Midwest
Ultra Power Technologies Inc Minnesota Formed to market a proactive,
non-destructive, power-cable
testing technology
United Power & Land Company Minnesota Owns and holds real property
typically surrounding or
adjacent to property owned and
used by NSP in its regulated
operations
Viking Gas Transmission Delaware Owns and operates a 500 mile
Company interstate natural gas
pipeline providing gas
transportation service to
customers in the Upper Midwest
from connections with three
major pipelines in the United
States and Canada.
</TABLE>
NSPW is engaged in the generation, transmission, and distribution of electricity
to approximately 206,700 retail customers in an area of approximately 18,900
square miles in northwestern Wisconsin, to approximately 9,200 electric retail
customers in an area of approximately 300 square miles in the western portion of
the Upper Peninsula of Michigan, and to 10 wholesale customers in the same
general area. NSPW purchases, distributes and sells natural gas to retail
customers or transports customer-owned natural gas, in the same service
territory to approximately 72,100 customers in Wisconsin and 4,900 customers in
Michigan. In 1997, NSPW provided approximately 13% of NSP's consolidated
revenues.
NSPW has two wholly-owned subsidiaries, Clearwater Investments, Inc., a
Wisconsin corporation ("Clearwater"), and NSP Lands, Inc., a Wisconsin
corporation ("NSP Lands"), and a 75.86% owned subsidiary, Chippewa and Flambeau
Improvement Company, a Wisconsin corporation ("C&F"). Clearwater was
established to identify and develop affordable housing investment opportunities
for NSPW. NSP Lands was created to develop and sell land owned by NSPW adjacent
to a hydro-electric generating facility previously owned by NSPW. C&F was
created in 1911 for the purpose of building, maintaining, and operating dams and
reservoirs in Wisconsin.
<TABLE>
<S> <C> <C>
Northern States Power Wisconsin Public utility generating,
Company (Wisconsin) transmitting and distributing
("NSPW") electricity and natural gas in
Wisconsin and Michigan
Subsidiary Name Location Location and Nature of
of Business
Incorporat
ion
Chippewa and Flambeau Wisconsin owns and operates water
Improvement Company<F1> storage reservoirs
Clearwater Investments Wisconsin affordable housing
Inc<F1>
NSP Lands Inc<F1> Wisconsin real estate holdings
<FN>
<F1> Entity is an unconsolidated affiliate accounted for using
the equity method, and consequently is not included in the
consolidating financial statements in Exhibit A.
</FN>
</TABLE>
NRG Energy, Inc. operates and has ownership interest in independent,
non-regulated power and energy businesses in the United States and other
countries. Each of its power generation businesses is a qualifying cogeneration
facility ("QF") under the Public Utility Regulatory Policies Act of 1978, an
exempt wholesale generator ("EWG") under Section 32 of the Act or a foreign
utility company ("FUCo") under Section 33 of the Act. NRG has the following
direct and indirect subsidiaries:
<TABLE>
<S> <C> <C>
NRG Energy, Inc. Delaware Develops, builds, acquires,
owns and operates non-
regulated energy-related
business world-wide
Subsidiary Name Location Location and Nature of
of Business
Incorporat
ion
Bioconversion Partners, California supplies biomass fuel in
L.P.<F1> California
Cadillac Renewable Delaware owns Cadillac wood fired power
Energy LLC<F1> plant in Michigan
Camas Power Boiler Oregon owns waste-wood fired steam
Limited Partnership<F2> boiler in Camas paper mill in
Washington
Camas Power Boiler, Oregon general partner in Camas
Inc.<F2> Boiler Limited Partnership
Carolina Energy, Delaware holds remaining non-generating
Limited Partnership<F2> assets of the Carolina Energy
transfer station and waste-to-
energy facility in North
Carolina
Carquinez Strait California non-profit corporation which
Preservation Trust, provides monetary support to
Inc.<F2> the communities surrounding
the Crockett cogeneration
facility in California
Cobee Holdings Inc. Delaware domestic holding company for
Tosli Investments B.V.
Collinsville Operations Australia operates Collinsville coal
Pty Ltd.<F3> fired power plant in Australia
Collinsville Power Australia owns Collinsville coal fired
Joint Venture power plant in Australia
(unincorporated)<F1>
Coniti Holding B.V. Netherlands inactive - international
holding company
Crockett Cogeneration, California owns Crockett cogeneration
A California Limited facility in California
Partnership<F2>
Curtis/Palmer New York owns Curtis/Palmer
Hydroelectric Company<F2> hydroelectric power plant in
New York
Cypress Energy Delaware holds land purchase option for
Partners, Limited proposed coal fired power
Partnership<F1> plant in Florida
Elk River Resource Minnesota inactive - proposed owner of
Recovery, Inc.<F3> Elk River waste processing
facility in Minnesota
Energy Investors Fund, Delaware domestic investment company
L.P.<F2> which holds limited partner
interests in Crockett,
Curtis/Palmer, Windpower 87
and Windpower 88 projects;
also a funding vehicle for
numerous other unrelated
projects in the U.S.
Energy National, Utah domestic holding company which
Inc.<F2> holds limited partner
interests in Crockett,
Curtis/Palmer, Maine Energy
Recovery Company, Penobscot
Energy Recovery Company,
PowerSmith, Windpower 87,
Windpower 88 projects; general
partner in Penobscot Energy
Recovery Co.
Enfield Operations UK, England holds employees for Enfield
Ltd.<F1> and Wales Operations, L.L.C.
ENI Chester, Limited Oregon inactive - was limited partner
Partnership<F3> in wood burning project in
Maine
ENI Crockett Limited Oregon limited partner in Crockett
Partnership<F2> Cogeneration, A California
Limited Partnership
ENI Curtis Falls, Oregon limited partner in
Limited Partnership<F2> Curtis/Palmer Hydroelectric
Company
ENI WP87, Limited Oregon limited partner in Windpower
Partnership<F2> Partners 1987, a California
limited partnership
ENI WP88, Limited Oregon limited partner in Windpower
Partnership<F2> Partners 1988, a California
limited partnership
ENIFUND, Inc.<F2> Utah holds property (house at
Crockett cogeneration
facility) and provides
consulting services to Maine
Energy Recovery Company
ENIGEN, Inc.<F2> Utah general partner in The
PowerSmith Cogeneration
Project, Limited Partnership
ENIVEST, Inc.<F2> Utah domestic holding company which
holds limited and general
partner interests in Long
Island Cogeneration, L.P.,
Windpower 87 and Windpower 88
projects
ESOCO Crockett, Oregon operates Crockett cogeneration
Inc.<F2> facility in California
ESOCO Fayetteville, Oregon inactive - proposed operator
Inc<F2> of Fayetteville waste-to-
energy facility in North
Carolina
ESOCO Molokai, Inc.<F2> Utah inactive - proposed operator
of Molokai biomass fueled
power plant in Hawaii
ESOCO Orrington, Utah operates Penobscot Energy
Inc.<F2> Recovery Company in Maine
ESOCO Soledad, Inc.<F2> Utah inactive - proposed operator
of Soledad wood burning power
plant in California
ESOCO Wilson, Inc.<F2> Oregon inactive - proposed operator
of Carolina Energy waste-to-
energy facility and transfer
station in North Carolina
ESOCO, Inc.<F2> Utah domestic holding company for
individual Esoco O&M companies
Four Hills, LLC<F1> Delaware landfill gas collection system
for Nashua project in New
Hampshire
Fresh Kills Cogen Delaware inactive - domestic holding
Inc.<F3> company for cogeneration
project bid in New York
Ft. Smith Biogas Delaware will sell landfill gas to
LLC<F3> other companies in Arkansas
Graystone Corporation Minnesota general partner in Louisiana
Energy Services, L.P.
Gunwale B.V. Netherlands international holding company
Interenergy Limited<F1> Ireland inactive - proposed provider
of electric marketing services
in eastern and central Europe
Jackson Valley Energy California owns and operates waste
Partners, L.P.<F1> lignite/cogeneration plant and
lignite mining and reclamation
operation in California
Kiksis B.V. Netherlands inactive - international
holding company
Kingston Cogeneration Canada owns Kingston cogeneration
Limited Partnership<F2> facility in Ontario, Canada
Kissimee Power Delaware limited partner in Cypress
Partners, Limited Energy Partners, Limited
Partnership<F1> Partnership
Kladno Power (No. 1) Netherlands international holding company
B.V. in Energeticke Centrum Kladno,
s.r.o.
Kladno Power (No. 2) Netherlands international holding company
B.V.<F1> in Matra Powerplant Holding
B.V.
Lambique Beheer B.V. Netherlands international holding company
in MIBRAG B.V. and
Mitteldeutsche
Braunkohlengesellschaft mbH
Landfill Power LLC<F1> Wyoming owns and operates Flying Cloud
landfill gas fueled power
generation facility in Eden
Prairie, Minnesota
Le Paz Incorporated Minnesota limited partner in Louisiana
Energy Services, L.P.
LFG Financial Services Delaware domestic holding company -
Corporation<F1> owns 1% interest in landfill
gas collection system projects
not being financed
LFG Partners, Delaware inactive - landfill gas
L.L.C.<F1> collection system for Yaworski
project in Connecticut
Long Island New York inactive - holds contracts for
Cogeneration, L.P.<F3> Long Island cogeneration
facility in New York which was
never constructed
Louisiana Energy Delaware owns uranium enrichment
Services, L.P.<F1> facility under development in
Louisiana
Louisiana Generating Delaware formed for the purpose of
LLC<F3> owning Cajun non-nuclear
generating assets in Louisiana
(including gas and coal fired
generation)
Loy Yang Power Projects Australia provides management services
Pty Ltd.<F1> to Loy Yang coal fired power
plant in Australia
Maine Energy Recovery Maine owns waste-to-energy facility
Company<F2> in Biddeford, Maine
Matra Powerplant Netherlands international holding company
Holding B.V.<F1> in ECK Generating, s.r.o.
MIBRAG B.V.<F1> Netherlands owns 99% of MIBRAG coal mines
and coal fired power plants in
Germany
Mid-Continent Power Delaware owns Mid-Continent Power
Company, L.L.C.<F1> Company cogeneration facility
in Oklahoma
Minnesota Methane Delaware inactive - domestic holding
Holdings LLC<F1> company
Minnesota Methane II Delaware owns and operates original 3
LLC<F1> NEO/Ziegler landfill gas
projects (Edward Kraemer in
Burnsville, MN; Flying Cloud
in Eden Prairie, MN and Nashua
in New Hampshire)
Minnesota Methane Wyoming owns and operates 18 landfill
LLC<F1> gas projects in the U.S.
financed by Lyon Credit
Minnesota Waste Delaware owns municipal solid waste
Processing Company, processing facility and
L.L.C.<F1> transfer station in Minnesota
MM Albany Energy Delaware landfill gas fueled power
LLC<F1> generation for project in New
York
MM Biogas Power LLC<F1> Delaware domestic holding company -
owns 100% interest in landfill
gas fueled power generation
projects not being financed
MM Burnsville Energy Delaware landfill gas fueled power
LLC<F1> generation for Edward Kraemer
landfill in Minnesota
MM Corona Energy Delaware landfill gas fueled power
LLC<F1> generation for O'Brien project
in California
MM Cuyahoga Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Cleveland, Ohio
MM El Dorado LLC<F1> Delaware landfill gas fueled power
generation for project in
California
MM Hackensack Energy Delaware landfill gas fueled power
LLC<F1> generation for
HMDC/Balefill/Kingsland
O'Brien projects in Lyndhurst,
New Jersey
MM Hartford Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Connecticut
MM Lopez Energy LLC<F1> Delaware landfill gas fueled power
generation for Lopez Canyon
project in Los Angeles,
California
MM Lowell Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Massachusetts
MM Manconn, L.L.C.<F1> Delaware landfill gas fueled power
generation for project in
Manchester, Connecticut
MM Nashville Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Tennessee
MM Northern Tier Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Pennsylvania
MM Prima Deshecha Delaware landfill gas fueled power
Energy LLC<F1> generation for project in
Orange County, California
MM Prince William Delaware landfill gas fueled power
Energy LLC<F1> generation for project in
Virginia
MM Riverside LLC<F1> Delaware landfill gas fueled power
generation for project in
California
MM San Diego LLC<F1> Delaware landfill gas fueled power
generation for Miramar project
in California
MM SKB Energy LLC<F1> Delaware landfill gas fueled power
generation for project in
Pennsylvania
MM Spokane Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Washington
MM Tacoma LLC<F1> Delaware landfill gas fueled power
generation for project in
Washington
MM Taunton Energy Delaware landfill gas fueled power
LLC<F1> generation for project in
Massachusetts
MM Tomoka Farms Energy Delaware landfill gas fueled power
LLC<F1> generation for Volusia project
in Florida
MM Tulare Energy Delaware landfill gas fueled power
LLC<F1> generation for Visalia project
in California
MM West Covina LLC<F1> Delaware landfill gas fueled power
generation for BKK project in
California
MM Yolo Power LLC<F1> Delaware landfill gas fueled power
generation for project in
California
Mt. Poso Cogeneration California owns Mt. Poso cogeneration
Company, A California facility in California
Limited Partnership<F2>
NEO Albany, L.L.C. Delaware landfill gas collection system
for project in New York
NEO Billerica LLC<F1> Delaware inactive - landfill gas
collection system for project
in Massachusetts
NEO Burlington, LLC<F3> Delaware landfill gas collection system
for project in New Jersey
NEO Burnsville, LLC<F3> Delaware landfill gas collection system
for Edward Kraemer landfill in
Minnesota
NEO Chautauqua, Delaware landfill gas collection system
L.L.C.<F3> for project in New York
NEO Chicopee LLC<F3> Delaware inactive - landfill gas
collection system for project
in Massachusetts
NEO Colonie, L.L.C.<F3> Delaware inactive - landfill gas
collection system for project
in New York
NEO Corona LLC Delaware landfill gas collection system
for O'Brien project in
California
NEO Corporation Minnesota develops, owns and operates
landfill gas, hydroelectric
and small cogeneration
projects in the U.S.
NEO Cuyahoga, LLC<F3> Delaware landfill gas collection system
for project in Cleveland, Ohio
NEO Durham, LLC<F3> Delaware inactive - landfill gas
collection system for project
NEO Edgeboro, LLC Delaware landfill gas collection system
for O'Brien project in New
Jersey
NEO El Dorado LLC<F3> Delaware landfill gas collection system
for project in California
NEO Findlay, LLC<F3> Delaware inactive - landfill gas
collection system for project
in Pennsylvania
NEO Fitchburg LLC Delaware landfill gas collection system
for project in Massachusetts
NEO Fresh Kills LLC<F3> Delaware inactive - landfill gas
collection system for project
in New York
NEO Ft. Smith LLC<F3> Delaware landfill gas collection system
for project in Arkansas
NEO Granby LLC<F3> Delaware inactive - landfill gas
collection system for project
in Massachusetts
NEO Hackensack, LLC<F3> Delaware landfill gas collection system
for HMDC/Balefill/Kingsland
O'Brien projects in Lyndhurst,
New Jersey
NEO Hartford, LLC Delaware landfill gas collection system
for project in Connecticut
NEO Haverhill LLC<F3> Delaware inactive - landfill gas
collection system for project
in Massachusetts
NEO Landfill Gas Delaware domestic holding company -
Holdings Inc.<F3> provides O&M services for
landfill gas projects
NEO Landfill Gas Inc. Delaware domestic holding company -
holds 99% interest in landfill
gas collection system projects
financed by Lyon Credit
NEO Lopez Canyon Delaware landfill gas collection system
LLC<F3> for project in Los Angeles,
California
NEO Lowell LLC Delaware landfill gas collection system
for project in Massachusetts
NEO Manchester, LLC<F3> Delaware inactive - landfill gas
collection system for project
in Massachusetts
NEO Manconn, L.L.C.<F3> Delaware inactive - landfill gas
collection system for project
in Manchester, Connecticut
NEO Marion LLC<F3> Delaware inactive - landfill gas
collection system for project
in (state)
NEO Nanticoke, LLC<F3> Delaware inactive - landfill gas
collection system for project
in New York
NEO Nashville LLC<F3> Delaware landfill gas collection system
for project in Tennessee
NEO Northern Tier Delaware landfill gas collection system
LLC<F3> for project in Pennsylvania
NEO Oaks, LLC<F3> Delaware landfill gas collection system
for project in Maryland
NEO Phoenix LLC<F3> Delaware landfill gas collection system
for project in Arizona
NEO Prima Deshecha Delaware landfill gas collection system
LLC<F3> for project in Orange County,
California
NEO Prince William, Delaware landfill gas collection system
LLC<F3> for project in Virginia
NEO Riverside LLC<F3> Delaware landfill gas collection system
for project in California
NEO San Antonio LLC<F3> Delaware landfill gas collection system
for Nelson Gardens project in
Texas
NEO San Diego LLC Delaware landfill gas collection system
for Miramar project in
California
NEO Shawmut, LLC<F3> Delaware landfill gas collection system
for project in Massachusetts
NEO SKB LLC Delaware landfill gas collection system
for project in Pennsylvania
NEO South Chollas Delaware landfill gas collection system
LLC<F3> for project in San Diego,
California
NEO Spokane LLC Delaware landfill gas collection system
for project in Washington
NEO Tacoma, L.L.C. Delaware landfill gas collection system
for project in Washington
NEO Tajiguas LLC<F3> Delaware landfill gas collection system
for project in Santa Barbara,
California
NEO Taunton LLC Delaware landfill gas collection system
for project in Massachusetts
NEO Tomoka Farms LLC Delaware landfill gas collection system
for Volusia project in Florida
NEO Tulare LLC Delaware landfill gas collection system
for Visalia project in
California
NEO West Covina LLC Delaware landfill gas collection system
for BKK project in California
NEO Yolo LLC Delaware landfill gas collection system
for project in California
New Roads Generating, Delaware inactive - alternative
LLC<F1> domestic holding company for
Cajun non-nuclear generating
assets in Louisiana (including
gas and coal fired generation)
North American Thermal Ohio develops district heating and
Systems Limited Liability cooling projects in the U.S.;
Company<F1> general partner in Pittsburgh
Thermal, Limited Partnership
and San Francisco Thermal,
Limited Partnership
Northbrook Acquisition Delaware domestic holding company in
Corp.<F1> STS Hydropower Ltd.
Northbrook Carolina Delaware owns and operates
Hydro, L.L.C.<F1> hydroelectric power plants in
North Carolina and South
Carolina
Northbrook Energy, Delaware develops hydroelectric power
L.L.C.<F1> projects in the U.S.
NRG Artesia Operations Delaware proposed operator for Artesia
Inc. cogeneration facility in
California
NRG Asia-Pacific, Ltd. Delaware provides international
business development services
in Australia and the Pacific
Rim region
NRG Cadillac Inc. Delaware domestic holding company in
Cadillac Renewable Energy LLC
NRG Cadillac Operations Delaware proposed operator for Cadillac
Inc. wood fired power plant in
Michigan
NRG Collinsville Australia international holding company
Operating Services Pty in Collinsville Operations Pty
Ltd. Ltd.
NRG del Coronado Inc. Delaware general partner in RSD Power
Partners, L.P.
NRG El Segundo Inc.<F3> Delaware domestic holding company in El
Segundo Power, LLC
NRG Energeticky Provoz, Czech operates coal fired power
s.r.o. Republic plants in Kladno, Czech
Republic
NRG Energia Ltda<F3> Brazil inactive - international
holding company for Enersul
project bid in Brazil
NRG Energy Center, Inc. Minnesota owns and operates Minneapolis
Energy Center district heating
and cooling system in
Minnesota
NRG Energy CZ, s.r.o. Czech provides international
Republic business development services
in the Czech Republic and
Europe
NRG Energy Development Germany provides international
GmbH business development services
in Germany and Europe
NRG Energy Jackson California general partner in Jackson
Valley I, Inc. Valley Energy Partners, L.P.
NRG Energy Jackson California limited partner in (i) Jackson
Valley II, Inc. Valley Energy Partners, L.P.,
(ii) San Joaquin Valley Energy
Partners I, L.P., (iii) San
Joaquin Valley Energy Partners
IV, L.P. and (iv)
Bioconversion Partners, L.P.
NRG Energy Ltd. England provides international
and Wales business development services
in the U.K. and Europe
NRG Generating (U.S.) Delaware develops, owns and operates
Inc.<F1> cogeneration facilities in
U.S.
NRG Gladstone Operating Australia operates Gladstone Power
Services Pty Ltd. Station in Australia
NRG Gladstone Australia holds pension assets for
Superannuation Pty employees of Gladstone coal
Ltd.<F1> fired power plant in Australia
NRG International II Delaware domestic holding company
Inc.
NRG International, Inc. Delaware domestic holding company
NRG Latin America Delaware provides international
Inc.<F3> business development services
in Latin America
NRG Morris Operations Delaware proposed operator for
Inc. Millennium cogeneration
facility in Illinois
NRG Oklahoma Operations Delaware proposed operator for Mid-
Inc.<F3> Continent Power Company
cogeneration facility in
Oklahoma
NRG Operating Services, Delaware currently provides O&M
Inc. services for Artesia,
Cadillac, Collinsville,
Gladstone and Minneapolis
Energy Center projects
NRG PacGen Inc. Delaware domestic holding company which
acquired 100% of the stock of
Pacific Generation Company
NRG Parlin Inc.<F1> Delaware provides cogeneration services
to NRG Generating (U.S.)
Inc.'s Parlin facility in New
Jersey
NRG Pittsburgh Thermal Delaware limited partner in Pittsburgh
Inc. Thermal, Limited Partnership
NRG Power Marketing Delaware holds power marketing license
Inc.<F3>
NRG San Diego Inc. Delaware limited partner in RSD Power
Partners, L.P.
NRG Services Delaware provides payroll and benefits
Corporation services through service
agreements with individual O&M
companies
NRG Sunnyside Inc. Delaware general partner in Sunnyside
Cogeneration Associates
NRG Sunnyside Delaware general partner in Sunnyside
Operations GP Inc. Operations Associates L.P.
NRG Sunnyside Delaware limited partner in Sunnyside
Operations LP Inc. Operations Associates L.P.
NRG Victoria I Pty Ltd. Australia international holding company
in NRG Victoria II Pty Ltd.
and NRG Victoria III Pty Ltd.
NRG Victoria II Pty Australia international holding company
Ltd. in NRG Victoria III Pty Ltd.
NRG Victoria III Pty Australia international holding company
Ltd. in Energy Developments Limited
NRGenerating Holdings Netherlands international holding company
(No. 1) B.V. in Collinsville Power Joint
Venture
NRGenerating Holdings Netherlands inactive - international
(No. 10) B.V. holding company
NRGenerating Holdings Netherlands sole director of Tosli
(No. 11) B.V. Investments B.V.
NRGenerating Holdings Netherlands inactive - international
(No. 3) B.V. holding company registered to
do business in Australia
NRGenerating Holdings Netherlands international holding company
(No. 4) B.V. in Loy Yang Power Partners,
Loy Yang Power Management Pty
Ltd. and Loy Yang Power
Projects Pty Ltd.
NRGenerating Holdings Netherlands international holding company
(No. 5) B.V. in NRG Energeticky Provoz,
s.r.o.
NRGenerating Holdings Netherlands inactive - international
(No. 6) B.V. holding company registered to
do business in Australia
NRGenerating Holdings Netherlands international holding company
(No. 7) B.V. for West Java O&M company in
formation in Indonesia
NRGenerating Holdings Netherlands international holding company
(No. 8) B.V. for West Java O&M company in
formation in Indonesia
NRGenerating Holdings Netherlands international holding company
(No. 9) B.V. in Kanel Kangal Elektrik
Limited Sirketi
NRGenerating Netherlands international holding company
International B.V.
NRGenerating Rupali Netherlands inactive - international
B.V. holding company for Rupali oil
fired power plant bid in
Pakistan
O Brien Biogas Delaware landfill gas collection system
(Mazzaro), Inc. for project in Pennsylvania
O Brien Biogas IV Delaware landfill gas fueled power
LLC<F1> generation for Edgeboro
project in New Jersey
O Brien Biogas, Inc. Delaware inactive - landfill gas
III<F3> collection system for Autochem
project in Pennsylvania
O Brien Biogas, Inc. Delaware inactive - landfill gas
VI<F3> collection system for Duarte
project in California
O Brien California California owns Artesia cogeneration
Cogen Limited<F1> facility in California
O Brien Cogeneration, Delaware general partner in O'Brien
Inc. II California Cogen Limited
O Brien Standby Power Delaware provides standby power for
Energy, Inc.<F1> landfill gas fueled power
generation for SKB project in
Pennsylvania
Okeechobee Power I, Delaware general partner in Cypress
Inc. Energy Partners, Limited
Partnership
Okeechobee Power II, Delaware general partner in Kissimee
Inc. Power Partners, Limited
Partnership
Okeechobee Power III, Delaware limited partner in Kissimee
Inc. Power Partners, Limited
Partnership
Oklahoma Loan Delaware holds bank debt for Mid-
Acquisition Continent Power Company
Corporation<F1> cogeneration facility in
Oklahoma
ONSITE Energy, Inc.<F2> Oregon domestic holding company for
ONSITE Soledad, Inc. and
ONSITE Marianas Corporation;
also indirectly holds general
partner interest in Mt. Poso
project and limited partner
interest in Turners Falls
project
ONSITE Funding Oregon inactive - provides funding to
Corporation<F2> various ONSITE projects
ONSITE Limited Oregon inactive - owned cogeneration
Partnership No. 1<F2> facilities for bakery in Los
Angeles and dairy in Michigan
ONSITE Marianas Common
wealth inactive - owned and operated
Corporation<F2> of the Marianas solar energy plant in
Northern the Commonwealth of Northern
Marianas Mariana Islands in Pacific
Islands Ocean
ONSITE Soledad, Oregon inactive - owned and operated
Inc.<F2> Soledad wood burning power
plant in California
ONSITE/Haines Limited Oregon inactive - owned wood burning
Partnership<F2> power plant in Alaska
ONSITE/Molokai, Limited Oregon inactive - owned and operated
Partnership<F2> biomass fueled Molokai power
plant in Hawaii
ONSITE/US Power Limited Oregon inactive - owned Crossroads
Partnership No. 1<F2> cogeneration facility in New
Jersey
Orrington Waste, Ltd. Oregon provides waste disposal
Limited Partnership<F2> services to municipalities to
be delivered to waste disposal
operators in Maine, including
Penobscot Energy Recovery
Company
P.T. Dayalistrik Indonesia will own and construct West
Pratama<F1> Java coal fired power plant in
Indonesia
Pacific Crockett Utah general partner in Crockett
Energy, Inc.<F2> Cogeneration, A California
Limited Partnership
Pacific Crockett Oregon domestic holding company for
Holdings, Inc.<F2> Pacific Crockett Energy, Inc.
Pacific Generation Oregon domestic holding company
Company<F2> acquired by NRG (formerly a
wholly owned subsidiary of
PacifiCorp Holdings, Inc.
which developed, built, owned,
operated and managed energy
production facilities); also a
limited partner in Camas Power
Boiler Limited Partnership
Pacific Generation Oregon inactive - provided domestic
Development Company<F2> business development services
Pacific Generation Oregon holds debt in Windpower 87 and
Funding, Inc.<F2> Windpower 88
Pacific Generation Oregon domestic holding company for
Holdings Company<F2> Pacific Generation Funding and
Pacific Recycling Energy;
holds limited partner
interests in Carolina Energy,
Limited Partnership and
Project Finance Fund III; and
indirectly holds general
partner interest in Kingston
Cogeneration Limited
Partnership
Pacific Generation Oregon domestic holding company which
Resources Company<F2> holds limited partner interest
in Long Island Cogeneration,
L.P.; holds limited and
general partner interests in
Curtis/Palmer, Windpower 87
and Windpower 88 projects;
general partner in ENI
Chester, Limited Partnership
Pacific Kingston Canada general partner in Kingston
Energy, Inc.<F2> Cogeneration Limited
Partnership
Pacific Orrington Oregon holds general and limited
Energy, Inc.<F2> partner interests in Orrington
Waste, Ltd., Limited
Partnership
Pacific Recycling Oregon inactive - provided business
Energy, Inc.<F2> development services for waste-
to-energy projects
Pacific-Mt. Poso Oregon general partner in Mt. Poso
Corporation<F2> Cogeneration Company, A
California Limited Partnership
Penobscot Energy Maine owns waste-to-energy facility
Recovery Company<F2> in Orrington, Maine
Pittsburgh Thermal, Delaware provides district heating and
Limited Partnership<F1> cooling services in Pittsburgh
Power Operations, Inc. Delaware provides O&M services for
Artesia, Cadillac, Newark and
Parlin projects
Project Finance Fund Delaware funding vehicle for various
III, L.P.<F1> (primarily) international
operating projects
Pyro-Pacific Operating California operates Mt. Poso cogeneration
Company<F2> facility in California
RSD Power Partners, Delaware owns and operates a power and
L.P. cooling plant in California
Saale Energie GmbH<F1> Germany international holding company
in Kraftwerk Schkopau
Betriebsgesellschaft mbH,
Kraftwerk Schkopau GbR and
Saale Energie Services GmbH
Saale Energie Services Germany provides consulting services
GmbH<F1> to MIBRAG
Sachsen Holding B.V. Netherlands international holding company
in P.T. Dayalistrik Pratama
San Francisco Thermal, Delaware provides district heating and
Limited Partnership<F1> cooling services in California
San Joaquin Valley California general partner in San Joaquin
Energy I, Inc. Valley Energy Partners I, L.P.
San Joaquin Valley California general partner in San Joaquin
Energy IV, Inc. Valley Energy Partners IV,
L.P. and Bioconversion
Partners, L.P.
San Joaquin Valley California owns and operates three
Energy Partners I, biomass waste-fuel power
L.P.<F1> plants (Chowchilla II, El Nido
and Madera) in California
San Joaquin Valley California holds remaining non-operating
Energy Partners IV, assets of biomass waste-fuel
L.P.<F1> power plant (Chowchilla I) in
California
Scoria Incorporated Minnesota holds license for synthetic
coal technology
Scudder Latin American Cayman investment company which owns
Power I-C L.D.C.<F1> Islands, (primarily passive)
British investments in Latin American
West power projects
Indies
Scudder Latin American Cayman investment company which owns
Power I-P L.D.C.<F1> Islands, (primarily passive)
British investments in Latin American
West power projects
Indies
Scudder Latin American Cayman investment company which owns
Power II-C L.D.C<F1>. Islands, (primarily passive)
British investments in Latin American
West power projects - phase II
Indies
Scudder Latin American Cayman investment company which owns
Power II-Corporation Islands, (primarily passive)
A<F1> British investments in Latin American
West power projects - phase II
Indies
Scudder Latin American Cayman investment company which owns
Power II-Corporation Islands, (primarily passive)
B<F1> British investments in Latin American
West power projects - phase II
Indies
Scudder Latin American Cayman investment company which owns
Power II-P L.D.C.<F1> Islands, (primarily passive)
British investments in Latin American
West power projects - phase II
Indies
STS Heislers, Inc.<F3> Delaware inactive - hydroelectric
projects
STS Hydropower Ltd.<F1> Michigan owns and operates
hydroelectric projects in
California, Colorado,
Michigan, Virginia and
Washington
STS Turbine & Delaware provides turbine design and
Development, L.L.C.<F1> project development services
Suncook Energy LLC<F1> Delaware landfill gas fueled power
generation for Nashua project
in New Hampshire
Sunnyside Cogeneration Utah owns waste coal power plant in
Associates<F1> Utah
Sunnyside Operations Delaware operates waste coal power
Associates L.P.<F1> plant in Utah
Sunshine State Power Netherlands international holding company
(No. 2) B.V. which holds a 17.5% undivided
interest in Gladstone Power
Station Joint Venture
Sunshine State Power Netherlands international holding company
B.V. which holds a 20% undivided
interest in Gladstone Power
Station Joint Venture
The PowerSmith Delaware owns PowerSmith cogeneration
Cogeneration Project, facility in Oklahoma
Limited Partnership<F2>
Tosli Investments Netherlands international holding company
B.V.<F1> in Compania Boliviana de
Energia Electrica S.A.
Turners Falls Limited Massachuse owns Turners Falls
Partnership<F2> tts cogeneration facility in
Massachusetts
Windpower Partners California owns 50 MW windpower project
1987, a California in California
limited partnership<F2>
Windpower Partners California owns 30 MW windpower project
1988, a California in California
limited partnership<F2>
<FN>
<F1> Entity is an unconsolidated affiliate accounted for using
the equity method, and consequently is not included in the
consolidating financial statements in Exhibit A.
<F2> The Pacific Generation Company was acquired 11/4/97. The
financial statements for the Pacific Generation
temporarily include assets and liabilities that will be
assigned to this entity and other associated entities.
<F3> Entity is inactive and consequently is not included in the
consolidating financial statements in Exhibit A.
</FN>
</TABLE>
Eloigne Company has ownership interests in affordable housing projects,
principally within NSP's service territory. Eloigne has one subsidiary, Safe
Haven Homes, LLC, a Delaware corporation which has ownership interests in
affordable housing projects, principally within NSP's service territory.
<TABLE>
<S> <C> <C>
Eloigne Company Minnesota Affordable housing primarily
within the Company's service
area
Subsidiary Name Location Location and Nature of
of Business
Incorporat
ion
Safe Haven Homes Delaware affordable housing primarily
LLC<F1> within the Company's service
area
Lauring Green Ltd. Minnesota affordable housing
Ptsp. <F1>
Bemidji Townhouse Ltd. Minnesota affordable housing
Ptsp. <F1>
Central Towers Limited Minnesota affordable housing
Partnership<F1>
Driftwood Partners Ltd. Minnesota affordable housing
Ptsp. <F1>
Colfax Prairie Homes Wisconsin affordable housing
Limited Partnership<F1>
Cottage Court Ltd. Minnesota affordable housing
Ptsp. <F1>
Ctg. Homesteads Minnesota affordable housing
Hillcrest Ltd. Ptsp.
<F1>
Cottages of Spring Lake Minnesota affordable housing
Park Ltd. Ptsp. <F1>
Cottages of Vadnais Minnesota affordable housing
Heights Ltd. Ptsp. <F1>
Cottage Homesteads of Minnesota affordable housing
Willow Ponds Ltd. Ptsp.
<F1>
Albany Countryside Minnesota affordable housing
Townhomes Ltd. Ptsp.
<F1>
RWIC Credit Fund Ltd. Minnesota affordable housing
Ptsp. <F1>
Marvin Gardens Ltd. Minnesota affordable housing
Ptsp. <F1>
Crown Ridge Apartments Minnesota affordable housing
Ltd. Ptsp. <F1>
Sioux Falls Housing South affordable housing
Equity Fund I Ltd. Ptsp Dakota
<F1>
East Creek Limited Minnesota affordable housing
Partnership<F1>
Edenvale Family Housing Minnesota affordable housing
Limited Partnership<F1>
Granite Hill Ltd. Ptsp. Minnesota affordable housing
<F1>
Groveland Terrace Minnesota affordable housing
Townhomes Ltd. Ptsp.
<F1>
Plover Limited Wisconsin affordable housing
Liability Co. <F1>
Jefferson Heights Minnesota affordable housing
Townhomes Ltd. Ptsp.
<F1>
Lakeville Court Ltd. Minnesota affordable housing
Ptsp. <F1>
Majestic View South affordable housing
Apartments, Ltd. Ptsp. Dakota
<F1>
Marsh Run Ltd. Ptsp. Minnesota affordable housing
<F1>
Oakdale Leased Housing Minnesota affordable housing
Ltd. Ptsp. <F1>
Wyoming Limited Minnesota affordable housing
Partnership<F1>
J&D 14-93 Ltd. Ptsp. Minnesota affordable housing
<F1>
Park Rapids Housing Minnesota affordable housing
Limited Partnership<F1>
MDI Ltd. Ptsp. #44<F1> Minnesota affordable housing
Sioux Falls Partners South affordable housing
Ltd. Ptsp. <F1> Dakota
806 N. Hazel Ltd. Ptsp. Minnesota affordable housing
<F1>
Links Lane, A Ltd. Minnesota affordable housing
Ptsp. <F1>
Polynesian Village 1994 Minnesota affordable housing
Ltd. Ptsp. <F1>
Sioux River Ltd. Ptsp. South affordable housing
<F1> Dakota
Stradford Flats Ltd. Minnesota affordable housing
Ptsp. <F1>
Brooklyn Ctr. Leased Minnesota affordable housing
Housing Assc. LLC<F1>
Fairview Ridge Ltd. Minnesota affordable housing
Ptsp. <F1>
Tower Terrace Ltd. Minnesota affordable housing
Ptsp. <F1>
R & W Partners Ltd. Minnesota affordable housing
Ptsp. <F1>
Mahtomedi Woodland Minnesota affordable housing
Limited Partnership<F1>
Woodland Village Minnesota affordable housing
Townhomes Ltd. Ptsp.
<F1>
<FN>
<F1> Entity is an unconsolidated affiliate accounted for using
the equity method, and consequently is not included in the
consolidating financial statements in Exhibit A.
</FN>
</TABLE>
Energy Masters International, Inc. (EMI) delivers natural gas and electric
products and services to commercial and industrial customers, utilities,
municipalities and energy marketers, and offers performance contracting to
customers nationwide. EMI has two subsidiaries, Energy Masters corporation, a
Missouri corporation, and Energy Solutions Inc., a Minnesota corporation, which
both provide energy services.
<TABLE>
<S> <C> <C>
Energy Masters International Minnesota Energy services
Inc. (EMI)
Subsidiary Name Location Location and Nature of
of Business
Incorporat
ion
Energy Masters Missouri energy services
Corporation (EMC)
Energy Solutions Inc. Minnesota energy services
(ESI)
</TABLE>
2. A BRIEF DESCRIPTION OF THE PROPERTIES OF CLAIMANT AND EACH OF ITS SUBSIDIARY
PUBLIC UTILITY COMPANIES USED FOR THE GENERATION, TRANSMISSION, AND DISTRIBUTION
OF ELECTRIC ENERGY FOR SALE, OR FOR THE PRODUCTION, TRANSMISSION, AND
DISTRIBUTION OF NATURAL OR MANUFACTURED GAS, INDICATING THE LOCATION OF
PRINCIPAL GENERATING PLANTS, TRANSMISSION LINES, PRODUCING FIELDS, GAS
MANUFACTURING PLANTS, AND ELECTRIC AND GAS DISTRIBUTION FACILITIES, INCLUDING
ALL SUCH PROPERTIES WHICH ARE OUTSIDE THE STATE IN WHICH CLAIMANT AND ITS
SUBSIDIARIES ARE ORGANIZED AND ALL TRANSMISSION OR PIPELINES WHICH DELIVER OR
RECEIVE ELECTRIC ENERGY OR GAS AT THE BORDERS OF SUCH STATE.
The electric production and transmission systems of NSPM and NSPW public
utilities are interconnected and are operated as a combined system. Electricity
is distributed to retail customers in portions of Minnesota, Wisconsin, North
Dakota, South Dakota, and Michigan.
Generating Plants:
<TABLE>
<CAPTION>
1997
Capability
Station and Unit . . . . . . . Fuel Installed (Mw)
- ------------------------------ ------------ --------- ----------
<S> <C> <C> <C>
NSPM:
Sherburne - Becker, MN
Unit 1 . . . . . . . . . . Coal 1976 712
Unit 2 . . . . . . . . . . Coal 1977 721
Unit 3 . . . . . . . . . . Coal 1987 514
Prairie Island - Red Wing, MN
Unit 1 . . . . . . . . . . Nuclear 1973 514
Unit 2 . . . . . . . . . . Nuclear 1974 513
Monticello - Monticello, MN. . Nuclear 1971 545
King - Bayport, MN . . . . . . Coal 1968 571
Black Dog - Burnsville, MN
4 Units. . . . . . . . . . Coal/Natural 1952-1960 462
Gas
High Bridge - St Paul, MN
2 Units. . . . . . . . . . Coal 1956-1959 263
Riverside - Minneapolis, MN
2 Units. . . . . . . . . . Coal 1964-1987 372
Hennepin Island - Mpls, MN . . Water 13
9 other thermal plants 777
4 other steam plants 150
NSPW:
Flambeau - Park Falls, WI. . . Gas/Oil 1969 17
Wheaton - Eau Claire, WI . . . Gas/Oil 1973 443
Bay Front - Ashland, WI. . . . Coal/Wood/
Gas 1945-60 75
French Island - LaCrosse, WI . Wood/RDF 1940-48 29
French Island - LaCrosse, WI . Oil 1974 192
19 Hydroelectric plants - WI. Water various 249
</TABLE>
As of December 31, 1997, NSPM's electric transmission system included 265
circuit miles of 500 Kilovolt (Kv) lines, 568 circuit miles of 345 Kv line, 283
circuit miles of 230Kv line, 59 circuit miles of 161 Kv line, 1,173 circuit
miles of 115 Kv line and 1,730 circuit miles of transmission line under 115 Kv.
93.6% of NSP's high voltage transmission system is located in the State of
Minnesota, 2.2% in North Dakota, and 4.2% in South Dakota. As of December 31,
1997, NSP's transmission substations had a combined capacity of approximately
26,972 thousand Kilovolt-amperes (Kva) and the distribution substations totaled
approximately 12, 205 thousand Kva. The Manitoba Hydro-Electric Board (MHEB),
Minnesota Power Company, and NSP completed the construction of a 500 Kv
transmission interconnection between Winnipeg, Manitoba, Canada, and the
Minneapolis-St. Paul, Minnesota, area in May 1980. NSP has a contract with MHEB
for 500 Mw of firm power utilizing this transmission line. In addition, NSP
is interconnected with MHEB through a 230 Kv transmission line completed in
1970.
As of December 31, 1997, NSPW's electric transmission system in Wisconsin
included 166 circuit miles of 345 Kv line, 291 circuit miles of 161 Kv line, 436
circuit miles of 115 Kv line and 1,498 circuit miles of transmission line under
115 Kv. As of December 31, 1997, NSPW's transmission substations had a combined
capacity of approximately 4,348 thousand Kva and the distribution substations
totaled approximately 2,000 thousand Kva.
Other assets owned by NSPM and NSPW include electric distribution systems
located throughout its service area, and property, plant and equipment owned or
leased supporting their electric and gas utility functions. NSPM and NSPW also
own or lease other physical properties, including real property, and other
facilities necessary to conduct their operations.
The gas properties of NSP include 7,366 miles of natural gas distribution and
transmission mains, the Wescott Liquefied Natural Gas (LNG) plant with a storage
capacity of 2.1 Billion Cubic Feet (Bcf) equivalent and five propane-air plants
with a storage capacity of 1.4 Bcf equivalent to help meet the peak requirements
of its firm residential, commercial, and industrial customers. NSPW's gas
properties include approximately 1,620 miles of natural gas distribution mains,
the Eau Claire and LaCrosse LNG plants, having a storage capacity of 0.3 Bcf
equivalent, and one propane-air plant, with a storage capacity of 0.02 Bcf
equivalent.
3. THE FOLLOWING INFORMATION FOR THE LAST CALENDAR YEAR WITH RESPECT TO
CLAIMANT AND EACH OF ITS SUBSIDIARY PUBLIC UTILITY COMPANIES
A) NUMBER OF KWH. OF ELECTRIC ENERGY SOLD (AT RETAIL OR WHOLESALE), AND MCF. OF
NATURAL OR MANUFACTURED GAS DISTRIBUTED AT RETAIL.
<TABLE>
<CAPTION>
Mwh Mcf
Electricity Gas
---------------------- ----------
<S> <C> <C>
NSPM 34,348,744 80,350,058
NSPW 5,664,273 18,979,883
</TABLE>
B) NUMBER OF KWH. OF ELECTRIC ENERGY AND MCF. OF NATURAL OR MANUFACTURED GAS
DISTRIBUTED AT RETAIL OUTSIDE THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED.
<TABLE>
<CAPTION>
Mwh Mcf
Electricity Gas
---------------------- ----------
<S> <C> <C>
NSPM 3,201,562 9,126,429
NSPW 143,926 1,097,087
</TABLE>
C) NUMBER OF KWH. OF ELECTRIC ENERGY AND MCF. OF NATURAL OR MANUFACTURED GAS
SOLD AT WHOLESALE OUTSIDE THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED, OR
AT THE STATE LINE.
NSPM and NSPW operate their electric generation and transmission facilities as
one interconnected system. It is not possible to determine where the
electricity sold was actually generated.
Electric:
NSPM sold 9,274,720 Mwh of electricity at or outside the Minnesota state line,
including 5,716,213 Mwh sold to NSPW.
NSPW sold 415,707 Mwh of electricity to NSPM.
Gas:
NSPM sold 311,669 Mcf of natural gas at or outside the Minnesota state line.
NSPW sold 494,628 Mcf of natural gas at or outside the Wisconsin state line.
D) NUMBER OF KWH. OF ELECTRIC ENERGY AND MCF. OF NATURAL OR MANUFACTURED GAS
PURCHASED OUTSIDE THE STATE IN WHICH EACH SUCH COMPANY IS ORGANIZED OR AT THE
STATE LINE.
Electric:
NSPM purchased 8,951,668 Mwh of electricity at or outside the Minnesota state
line, including 415,707 Mwh purchased from NSPW.
NSPW purchased 5,736,213 Mwh of electricity from NSPM.
Gas:
NSPM purchased 81,239,638 Mcf of natural gas at or outside the Minnesota state
line.
NSPW purchased 20,366,728 Mcf of natural gas at or outside the Wisconsin state
line.
4. THE FOLLOWING INFORMATION FOR THE REPORTING PERIOD WITH RESPECT TO CLAIMANT
AND EACH INTEREST IT HOLDS DIRECTLY OR INDIRECTLY IN AN EWG OR FOREIGN UTILITY
COMPANY, STATING MONETARY AMOUNTS IN US DOLLARS:
A) NAME, LOCATION, BUSINESS ADDRESS AND DESCRIPTION OF THE FACILITIES USED
BY THE EWG OR FOREIGN UTILITY COMPANY FOR THE GENERATION, TRANSMISSION AND
DISTRIBUTION OF ELECTRIC ENERGY FOR SALE OR FOR THE DISTRIBUTION AT RETAIL OF
NATURAL OR MANUFACTURED GAS.
B) NAME OF EACH SYSTEM COMPANY THAT HOLDS AN INTEREST IN SUCH EWG OR FOREIGN
UTILITY COMPANY, AND DESCRIPTION OF INTEREST HELD.
C) TYPE AND AMOUNT OF CAPITAL INVESTED, DIRECTLY OR INDIRECTLY, BY THE
HOLDING COMPANY CLAIMING EXEMPTION; ANY DIRECT OR INDIRECT GUARANTEE OF THE
SECURITY OF THE EWG OR FOREIGN UTILITY COMPANY, BY THE HOLDING COMPANY CLAIMING
EXEMPTION; AND ANY DEBT OR OTHER FINANCIAL OBLIGATION FOR WHICH THERE IS
RECOURSE, DIRECTLY OR INDIRECTLY, TO THE HOLDING COMPANY CLAIMING EXEMPTION OR
ANOTHER SYSTEM COMPANY, OTHER THAN THE EWG OR FOREIGN UTILITY COMPANY.
D) CAPITALIZATION AND EQUITY EARNINGS OF THE EWG OR FOREIGN UTILITY COMPANY
DURING THE REPORTING PERIOD.
E) IDENTIFY ANY SERVICE, SALES OR CONSTRUCTION CONTRACTS BETWEEN THE EWG OR
FOREIGN UTILITY COMPANY AND A SYSTEM COMPANY, AND DESCRIBE THE SERVICES TO BE
RENDERED OR GOODS SOLD AND FEES OR REVENUES UNDER SUCH AGREEMENT.
Kraftwerk Schkopau GbR and Kraftwerk Schkopau Betriebsgesellschaft mbH (EWGs)
- --------------------------------------------------------------------------------
a) Kraftwerk Schkopau GbR and Kraftwerk Schkopau Betriebsgesellschaft mbH
c/o VEBA Kraftwerke Ruhr AG, Bergmannsgluckstrasse 41-43, 45896 Gelsenkirchen,
Germany
NRG owns a 50% interest in a German limited liability company, Saale Energie
GmbH ("Saale") which owns a 41.1% interest in a 960 MW coal-fired power plant in
the city of Schkopau. A German energy company, VEBA Kraftwerke Ruhr AG ("VKR"),
owns the remaining 58.9% interest in Schkopau and operates the plant. The
partnership of Saale and VKR that owns the plant is called Kraftwerk Schkopau
GbR.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 50% of Saale Energie GmbH which owns 41.1% of
Kraftwerk Schkopau GbR and 44.44% of Kraftwerk Schkopau Betriebsgesellschaft
mbH.
c) Through its subsidiaries, NRG made a $29,286,717 equity investment in the
project. NRG also incurred out-of-pocket costs and fees of approximately
$2,589,574.
d) The following sets forth the capitalization and earnings related to the 50.0%
ownership:
Capitalization $ 29,286,717
Earnings $ 5,631,086
e) VKR provides operating and maintenance services to the Schkopau facility
under an operation and maintenance contract with Kraftwerk Schkopau
Betriebsgesellschaft mbH in which Saale and VKR hold interests of 44.4% and
55.6% respectively, and which is responsible for the operation and maintenance
of the facility pursuant to certain agreements with each of Saale and VKR. VKR
is paid a management fee.
Gladstone Power Station Joint Venture and NRG Gladstone Operating Services Pty
- ------------------------------------------------------------------------------
Ltd. (EWGs)
-----------
a) Gladstone Power Station Joint Venture and NRG Gladstone Operating
Services Pty Ltd. Hanson Road, Gladstone, Queensland 4680, Australia
NRG owns a 37.5% ownership interest in the Gladstone Power Station Joint Venture
("Gladstone"), a 1,680 MW coal-fired power generation facility located in
Gladstone, Australia.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Sunshine State
Power B.V. which owns 20% of Gladstone.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Sunshine State
Power (No. 2) B.V. which owns 17.5% of Gladstone.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 99% of NRG Gladstone Operating Services Pty Ltd.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG Operating Services, Inc. which owns 1% of NRG Gladstone
Operating Services Pty Ltd.
c) Through its subsidiaries, NRG made a $64,873,591 equity investment in the
project. NRG also incurred out-of-pocket costs and fees of approximately
$3,933,915.
d) The following sets forth the capitalization and earnings related
to the 37.5% ownership:
Capitalization. $ 64,873,591
Earnings $ 9,945,369
e) NRG Gladstone Operating Services Pty Ltd., a wholly owned indirect
subsidiary of NRG, provides operating and maintenance services to Gladstone
under an operations and maintenance agreement. In 1997, NRG Gladstone Operating
Services Pty Ltd. received $1.13 million for providing these services.
Mitteldeutsche Braunkohlengesellschaft mbH (EWG)
- -----------------------------------------------------
a) Mitteldeutsche Braunkohlengesellschaft mbH
Wiesenstrasse 20, 06727 Theissen, Germany
NRG owns a 33-1/3% interest in the equity of Mitteldeutsche
Braunkohlengesellschaft mbH ("MIBRAG") which owns coal mining, power generation
and associated operations, all of which are located south of Leipzig, Germany.
MIBRAG is a corporation formed by the German government to hold two open-cast
brown coal (lignite) mining operations, a lease on an additional mine, three
lignite-fired industrial cogeneration facilities and briquette manufacturing and
coal dust plants.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Lambique Beheer
B.V. which owns 33.33% of MIBRAG B.V. which owns 99% of MIBRAG.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Lambique Beheer
B.V. which directly owns a 0.33% interest in MIBRAG.
c) Through its subsidiaries, NRG made a $10,788,586 equity investment in the
project. NRG also incurred out-of-pocket costs and fees of approximately
$4,256,793.
d) The following sets forth the capitalization and earnings related to the
33-1/3% ownership:
Capitalization. $ 10,788,586
Earnings $ 10,925,475
e) NRG owns a 50% interest in Saale Energie Services GmbH which provides
consulting services for a fee for the operation of the MIBRAG steam and power
generation facilities, the associated electrical and thermal transmission and
distribution system and the briquette manufacturing plants, under a power
consultancy agreement with MIBRAG for the life of the facilities. In 1997, NRG
received $2.6 million for its share in providing these services.
Loy Yang Power Partners and Loy Yang Power Management Pty Ltd. (EWGs)
- --------------------------------------------------------------------------------
a) Loy Yang Power Partners and Loy Yang Power Management Pty Ltd.
PO Box 1799, Traralgon, Victoria 3844, Australia
NRG owns a 25.37% interest in Loy Yang Power Partners ("Loy Yang") which owns
the assets of Loy Yang A, a 2,000 MW brown coal fired thermal power station and
an adjacent coal mine located in Victoria, Australia.
<PAGE>
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 100% of NRGenerating Holdings (No. 4) B.V. which
owns 25.37% of Loy Yang.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 100% of NRGenerating Holdings (No. 4) B.V. which
owns 25.37% of Loy Yang Power Management Pty Ltd.
c) Through its subsidiaries, NRG made a $264,278,016 equity investment in
the project. NRG also incurred out-of-pocket costs and fees of approximately
$3,246,827.
d)The following sets forth the capitalization and earnings related to the 25.37%
ownership:
Capitalization. $ 264,278,016
Earnings (Loss) ($200,656)
e) NRG owns a 25.37% interest in Loy Yang Power Management Pty Ltd. which
provides operating and maintenance services to Loy Yang under an operations and
maintenance agreement. In 1997, NRG received $1.25 million for providing these
services.
NRG owns a 25.37% interest in Loy Yang Power Projects Pty Ltd. which provides
technical services to Loy Yang under a technical expertise agreement. In 1997,
NRG received $4.48 million for providing these services.
Energeticke Centrum Kladno, s.r.o. and ECK Generating, s.r.o. (FUCOs)
- -----------------------------------------------------------------------------
a) Energeticke Centrum Kladno, s.r.o. and ECK Generating, s.r.o.
Dubska - Teplarna, 272 03 Kladno, Czech Republic
NRG owns a 34.44% interest in Energeticke Centrum Kladno, s.r.o. ("ECK"), a
Czech company that owns and operates a coal-fired power and thermal energy
generation facility in Kladno, Czech Republic. The existing capacity at this
facility includes 28 MW of electrical generation and 150 MW of thermal energy
generation. NRG and its partners plan to refurbish the existing facility as
well as construct a new 354 MW expansion project. The expansion project is held
separately through ECK Generating, s.r.o. ("ECKG"), a Czech company of which NRG
owns a 57.85% interest.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Kladno Power (No.
1) B.V. which owns 34.44% of ECK.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 100% each of NRGenerating
International B.V. and Gunwale B.V. which jointly own 100% of Kladno Power (No.
2) B.V. which owns 65% of Matra Powerplant Holding B.V. which owns 89% of ECKG.
c) Through its subsidiaries, NRG made a $9,727,567 equity investment in
these projects. NRG also incurred capitalization costs for ECKG of
approximately $5,894,400.
d) The following sets forth the capitalization and earnings related to the ECK
and ECKG ownership:
Capitalization (ECK) $ 9,727,567
Capitalization (ECKG)$ 5,894,400
Earnings (Loss) ($1,696,257)
e) NRG Energeticky Provoz, s.r.o., a wholly owned subsidiary of NRG,
provides operating and maintenance services to the existing facility and will
provide these same services to the expansion project when it is completed. NRG
Energeticky Provoz, s.r.o. will receive a fee beginning in 1998.
Compania Boliviana de Energia Electrica S.A. (EWG)
- ---------------------------------------------------------
a) Compania Boliviana de Energia Electrica S.A
Obrajes, Ave. Herando Siles #5635, Entre Calles 10 y 11, La Paz, Bolivia
NRG owns a 48.3% interest in Compania Boliviana de Energia Electrica
S.A.-Bolivian Power Company Limited ("COBEE") which owns 15 operating power
plants, primarily hydroelectric, in Bolivia.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% of Cobee Holdings Inc.
which owns 50% of Tosli Investments B.V. which owns 96.6% of COBEE.
c) Through its subsidiaries, NRG made a $62,643,520 equity investment in the
project. NRG also incurred out-of-pocket costs and fees of approximately
$1,489,617.
d) The following sets forth the capitalization and earnings related to the 48.3%
ownership:
Capitalization $ 62,643,520
Earnings (Loss) $ 1,977,218
e) There are no service, sales or construction contracts between COBEE and any
system company.
Energy Developments Limited (FUCO)
- -----------------------------------------------------------------
a) Energy Developments Limited Level 1, 450 Chapel Street, South Yarra, Victoria
3141, Australia
NRG owns a 19.97% interest in Energy Developments Limited, an Australian company
("EDL"). EDL is engaged in independent power generation from landfill gas, coal
seam methane and natural gas (including projects that utilize the latest
combined cycle technology) and owns approximately 184 MW of operating projects
primarily in Australia.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 100% of NRG Victoria I Pty Ltd. which owns 100% of
NRG Victoria II Pty Ltd., NRG Victoria I Pty Ltd. and NRG Victoria II Pty Ltd.
jointly own 100% of NRG Victoria III Pty Ltd. which owns 19.97% of EDL.
c) Through its subsidiaries, NRG made a $23,478,629 equity investment in the
project. NRG also incurred out-of-pocket costs and fees of approximately
$926,817.
d)The following sets forth the capitalization and earnings related to the 19.97%
ownership:
Capitalization $ 23,478,629
Earnings (Loss) $ 197,717
e) There are no service, sales or construction contracts between EDL and any
system company.
Enfield Energy Centre Limited and Enfield Operations, L.L.C. (EWGs)
- -------------------------------------------------------------------
a) Enfield Energy Centre Limited and Enfield Operations, L.L.C. 975 Mollison
Avenue, Enfield, Middlesex EN3 7NN England
NRG owns a 50% interest in Enfield Energy Centre Limited, an English company
which will construct a 396 MW gas-fired power project in the North London
borough of Enfield in the United Kingdom. The plant is scheduled to begin
commercial operations at the end of 1999.
b) Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy,
Inc. owns 100% of NRG International, Inc. which owns 100% of NRGenerating
International B.V. which owns 50% of Enfield Energy Centre Limited.
Northern States Power Company owns 100% of NRG Energy, Inc.; NRG Energy, Inc.
owns 100% of NRG International, Inc. which owns 50% of Enfield Operations,
L.L.C.
c) No equity investments have been made in Enfield Energy Centre Limited or
Enfield Operations, L.L.C. as of December 1997.
d) The following sets forth the capitalization and earnings related to the 50%
ownership:
Capitalization. None
Earnings (Loss) N/A
NRG owns a 50% interest in Enfield Operations, L.L.C. which will provide
operating and maintenance services to the Enfield Energy Centre when it is
constructed.
<PAGE>
EXHIBIT A
A consolidating statement of income and surplus of the claimant and its
subsidiary companies for
the last calendar year, together with a consolidating balance sheet of claimant
and its subsidiary
companies as of the close of such calendar year
<TABLE>
<CAPTION>
Northern States Power Company
Consolidating Statements of Income and Surplus
Year Ended December 31, 1997
(Dollars, in Thousands)
<S> <C> <C> <C>
Total NSP NSPM NSPW
Utility Operating Revenues
Electric $2,218,550 $2,101,240 $311,597
Gas 515,196 414,859 89,745
Total 2,733,746 2,516,099 401,342
Utility Operating Expenses
Cost of Electricity 596,237 634,335 142,537
Sold
Cost of Gas Sold 331,296 280,964 61,150
O&M / A&G / 745,828 682,986 67,980
Conservation
Depreciation & 325,880 286,494 37,815
Amortization
Property & General 227,894 211,824 14,140
Taxes
Income Tax 144,855 118,537 24,120
Total 2,371,990 2,215,140 347,742
Utility Operating Income 361,756 300,959 53,600
Other Income (Expense)
Other Income (Expense) -13,412 35,363 688
Non-Operating Income 48,144 8,859 811
Taxes
Total 34,732 44,222 1,499
Income Before Financing Costs 396,488 345,181 55,099
Financing Costs 159,169 107,862 17,682
Net Income (Loss) 237,319 237,319 37,417
Preferred Stock Dividends 11,071 11,071
Earnings for Common 226,248 226,248 37,417
Stockholder's equity BOY 2,135,878 2,129,811 331,412
Net Income (Loss) 237,320 237,320 37,417
Dividends Paid to Shareholders -212,096 -212,096
Dividends Paid to Parent -27,998
Currency Translation Adjustments -65,681
Common Stock Issuances 267,886 267,886
Leveraged ESOP & Other 8,418 8,121
Stockholder's equity EOY 2,371,726 2,431,042 340,832
Viking NSP EMI
Gas Financing Consol'd
I
Utility Operating Revenues
Electric
Gas 19,809
Total 19,809
Utility Operating Expenses
Cost of Electricity
Sold
Cost of Gas Sold
O&M / A&G / 8,935
Conservation
Depreciation & 1,571
Amortization
Property & General 1,930
Taxes
Income Tax 2,198
Total 14,634
Utility Operating Income 5,175
Other Income (Expense)
Other Income (Expense) 55 14,884 -16,503
Non-Operating Income 73 5,921
Taxes
Total 128 14,884 -10,582
Income Before Financing Costs 5,303 14,884 -10,582
Financing Costs 2,002 14,884 272
Net Income (Loss) 3,301 -10,854
Preferred Stock Dividends
Earnings for Common 3,301 -10,854
Stockholder's equity BOY 16,745 17,612
Net Income (Loss) 3,301 -10,854
Dividends Paid to Parent -2,700
Currency Translation Adjustments
Capital Contributed from NSP 10,000 6,190 29,000
Other
Stockholder's equity EOY 27,346 6,190 35,758
Seren
Innov's Eloigne FMAP
Utility Operating Revenues
Electric
Gas
Total
Utility Operating Expenses
Cost of Electricity
Sold
Cost of Gas Sold
O&M / A&G /
Conservation
Depreciation &
Amortization
Property & General
Taxes
Income Tax
Total
Utility Operating Income
Other Income (Expense)
Other Income (Expense) -2,435 -1,870 855
Non-Operating Income 1,011 8,343 -249
Taxes
Total -1,424 6,473 606
Income Before Financing Costs -1,424 6,473 606
Financing Costs 2,083 254
Net Income (Loss) -1,424 4,390 352
Preferred Stock Dividends
Earnings for Common -1,424 4,390 352
Stockholder's equity BOY -57 35,734 2,161
Net Income (Loss) -1,424 4,390 352
Dividends Paid to Parent -750
Currency Translation Adjustments
Capital Contributed from NSP 9,000
Other
Stockholder's equity EOY 7,519 40,125 1,763
United Ultra NRG
Pwr
& Land Power Consol'd
Utility Operating Revenues
Electric
Gas
Total
Utility Operating Expenses
Cost of Electricity
Sold
Cost of Gas Sold
O&M / A&G /
Conservation
Depreciation &
Amortization
Property & General
Taxes
Income Tax
Total
Utility Operating Income
Other Income (Expense)
Other Income (Expense) 1,664 -358 29,032
Non-Operating Income -453 148 23,680
Taxes
Total 1,211 -210 52,712
Income Before Financing Costs 1,211 -210 52,712
Financing Costs 578 30,730
Net Income (Loss) 633 -210 21,982
Preferred Stock Dividends
Earnings for Common 633 -210 21,982
Stockholder's equity BOY 6,633 420,108
Net Income (Loss) 633 -210 21,982
Dividends Paid to Parent -500
Currency Translation Adjustments -65,681
Capital Contributed from NSP 600 80,900
Other
Stockholder's equity EOY 6,766 390 457,310
Cormorant NSP
Corp
Eliminatio
ns
Utility Operating Revenues
Electric -194,287
Gas -9,217
Total -203,504
Utility Operating Expenses
Cost of Electricity -180,635
Sold
Cost of Gas Sold -10,818
O&M / A&G / -14,073
Conservation
Depreciation &
Amortization
Property & General
Taxes
Income Tax
Total -205,526
Utility Operating Income 2,022
Other Income (Expense)
Other Income (Expense) -74,788
Non-Operating Income
Taxes
Total -74,788
Income Before Financing Costs -72,766
Financing Costs -17,178
Net Income (Loss) -55,588
Preferred Stock Dividends
Earnings for Common -55,588
Stockholder's equity BOY 2 -824,283
Net Income (Loss) -55,588
Dividends Paid to Parent 31,948
Currency Translation Adjustments
Capital Contributed from NSP -135,690
Other 297
Stockholder's equity EOY 2 -983,315
Total
EMI EMI EMC
Utility Operating Revenues
Electric
Gas
Total
Utility Operating Expenses
Cost of Electricity
Sold
Cost of Gas Sold
O&M / A&G /
Conservation
Depreciation &
Amortization
Property & General
Taxes
Income Tax
Total
Utility Operating Income
Other Income (Expense)
Other Income (Expense) -16,503 -15,581 -1,128
Non-Operating Income 5,921 4,497 432
Taxes
Total -10,582 -11,084 -696
Income Before Financing Costs -10,582 -11,084 -696
Financing Costs 272 145 21
Net Income (Loss) -10,854 -11,229 -717
Preferred Stock Dividends
Earnings for Common -10,854 -11,229 -717
Stockholder's equity BOY 17,612 17,627 1,366
Net Income (Loss) -10,854 -11,229 -717
Dividends Paid to Parent -700
Currency Translation Adjustments
Capital Contributions from NSP 29,000 29,000
Other
Stockholder's equity EOY 35,758 35,398 -51
EMI
ESI
Eliminatio
ns
Utility Operating Revenues
Electric
Gas
Total
Utility Operating Expenses
Cost of Electricity
Sold
Cost of Gas Sold
O&M / A&G /
Conservation
Depreciation &
Amortization
Property & General
Taxes
Income Tax
Total
Utility Operating Income
Other Income (Expense)
Other Income (Expense) -2,798 3,004
Non-Operating Income 992
Taxes
Total -1,806 3,004
Income Before Financing Costs -1,806 3,004
Financing Costs 106
Net Income (Loss) -1,912 3,004
Preferred Stock Dividends
Earnings for Common -1,912 3,004
Stockholder's equity BOY -1,381
Net Income (Loss) -1,912 3,004
Dividends Paid to Parent 700
Currency Translation Adjustments
Capital Contributions from NSP
Other 5,809 -5,809
Stockholder's equity EOY 3,897 -3,486
Total NRG NEO
Corporate,
NRG Corporate Biogas &
Corona <F1>
Other Income (Expense)
Other Income (Expense) 29,032 3,123 -2,043
Non-Operating Income 23,680 9,761 8,820
Taxes
Total 52,712 12,884 6,777
Income Before Financing Costs 52,712 12,884 6,777
Financing Costs 30,730 24,420 3
Net Income (Loss) 21,982 -11,536 6,774
Stockholder's equity BOY 420,108 32,067 9,731
Net Income (Loss) 21,982 -11,536 6,774
Dividends Paid to Parent 1,134 7,294
Currency Translation Adjustments -65,681 15,229
Capital Received (Contributed) among -410,352 -27,794
NRG's entities
Capital Contributed from NSP 80,900 80,900
Other
Stockholder's equity EOY 457,310 -292,558 -3,995
<F1>. These NEO entities were in the
process of being restructured at
12/31/97. As this activity was in
process, the entities' financial
statements have been combined into
one group.
NRG Energy NRG Energy SJVEP I 43%
LP,
Center, Jackson owned by
Inc. Valley II, JV II
Inc.
Other Income (Expense)
Other Income (Expense) 9,845 -2,049 27
Non-Operating Income -1,784 848 -11
Taxes
Total 8,061 -1,201 16
Income Before Financing Costs 8,061 -1,201 16
Financing Costs 5,510
Net Income (Loss) 2,551 -1,201 16
Stockholder's equity BOY 33,526 4,642 24,317
Net Income (Loss) 2,551 -1,201 16
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 36,077 3,441 24,333
SJVEP IV San San Joaquin
43% LP, Joaquin Valley
Valley
owned by Energy I Energy IV
JV II Inc Inc
Other Income (Expense)
Other Income (Expense) -482 -24 -24
Non-Operating Income 200 10 10
Taxes
Total -282 -14 -14
Income Before Financing Costs -282 -14 -14
Financing Costs
Net Income (Loss) -282 -14 -14
Stockholder's equity BOY 3,932 614 501
Net Income (Loss) -282 -14 -14
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 3,650 600 487
San NRG San Power
Joaquin
Eliminatio Diego Inc. Operations
ns Inc
Other Income (Expense)
Other Income (Expense) -4 448
Non-Operating Income -34 -209
Taxes
Total -38 239
Income Before Financing Costs -38 239
Financing Costs 108
Net Income (Loss) -146 239
Stockholder's equity BOY -1,611
Net Income (Loss) -146 239
Dividends Paid to Parent
Currency Translation Adjustments 54
Capital Received (Contributed) among -2,700
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -1,611 -2,846 293
NRG NRG NRG
Victoria I Victoria Cadillac
II
Pty Ltd Pty Ltd Inc
Other Income (Expense)
Other Income (Expense) -50 1,778 398
Non-Operating Income -142
Taxes
Total -50 1,778 256
Income Before Financing Costs -50 1,778 256
Financing Costs -1,385 2,014
Net Income (Loss) 1,335 -236 256
Stockholder's equity BOY
Net Income (Loss) 1,335 -236 256
Dividends Paid to Parent -1,134
Currency Translation Adjustments -54
Capital Received (Contributed) among 22 -15,930 2,123
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 1,357 -16,166 1,191
NRG del NRG NRGenerating
Internatio
nal
Coronado, Inc. Internation
Inc al BV
Other Income (Expense)
Other Income (Expense) -3 -887 -23,505
Non-Operating Income 1 -1,335
Taxes
Total -2 -2,222 -23,505
Income Before Financing Costs -2 -2,222 -23,505
Financing Costs -6,767 -8,847
Net Income (Loss) -2 4,545 -14,658
Stockholder's equity BOY 156,568 13,950
Net Income (Loss) -2 4,545 -14,658
Dividends Paid to Parent
Currency Translation Adjustments -7,029
Capital Received (Contributed) among 232,006 -94,833
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -2 393,119 -102,570
NRG Graystone Le Paz,
Operating Inc.
Services Corporatio
Inc n
Other Income (Expense)
Other Income (Expense) 1,253 -8 -27
Non-Operating Income -518 3
Taxes
Total 735 -5 -27
Income Before Financing Costs 735 -5 -27
Financing Costs
Net Income (Loss) 735 -5 -27
Stockholder's equity BOY 1,907 991 900
Net Income (Loss) 735 -5 -27
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 2,642 986 873
Eliminatio NRG GOS COBEE
ns:
Graystone/ Holdings, Inc.
LePaz
Other Income (Expense)
Other Income (Expense) 886 3,586
Non-Operating Income -424 -874
Taxes
Total 462 2,712
Income Before Financing Costs 462 2,712
Financing Costs
Net Income (Loss) 462 2,712
Stockholder's equity BOY -889 1,400 41,073
Net Income (Loss) 462 2,712
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 20,104
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -889 1,862 63,889
Coniti Gunwale BV NRG
Victoria
III
Holdings Pty Ltd
BV
Other Income (Expense)
Other Income (Expense) -1 -16 169
Non-Operating Income
Taxes
Total -1 -16 169
Income Before Financing Costs -1 -16 169
Financing Costs
Net Income (Loss) -1 -16 169
Stockholder's equity BOY 14 56
Net Income (Loss) -1 -16 169
Dividends Paid to Parent
Currency Translation Adjustments -2,563
Capital Received (Contributed) among 23,970
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 13 40 21,576
Kiksis BV Kladno Lambique
Power
(No. 1) BV Beheer B.V.
Other Income (Expense)
Other Income (Expense) -2 -1,045 12,292
Non-Operating Income
Taxes
Total -2 -1,045 12,292
Income Before Financing Costs -2 -1,045 12,292
Financing Costs 25 640
Net Income (Loss) -2 -1,070 11,652
Stockholder's equity BOY 14 -461 50,170
Net Income (Loss) -2 -1,070 11,652
Dividends Paid to Parent
Currency Translation Adjustments -1,724 -9,341
Capital Received (Contributed) among 6
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 12 -3,249 52,481
NEO NEO NEO Albany
Fitchburg Landfill
LLC Gas Inc. LLC
Other Income (Expense)
Other Income (Expense) -101 3 -16
Non-Operating Income
Taxes
Total -101 3 -16
Income Before Financing Costs -101 3 -16
Financing Costs 35
Net Income (Loss) -101 -32 -16
Stockholder's equity BOY 1
Net Income (Loss) -101 -32 -16
Dividends Paid to Parent -7,294
Currency Translation Adjustments
Capital Received (Contributed) among 1,869 1,140
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 1,769 -7,326 1,124
NEO NRG NEO Lowell
Edgeboro Hartford
LLC LLC LLC
Other Income (Expense)
Other Income (Expense) -353 -26 -129
Non-Operating Income
Taxes
Total -353 -26 -129
Income Before Financing Costs -353 -26 -129
Financing Costs
Net Income (Loss) -353 -26 -129
Stockholder's equity BOY -70 -65
Net Income (Loss) -353 -26 -129
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 6,131 1,092 268
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 5,778 996 74
O Brien NEO San NEO Spokane
Biogas Diego
LLC LLC
(Mazzaro),
Inc.
Other Income (Expense)
Other Income (Expense) -3 -448 3
Non-Operating Income -1
Taxes
Total -3 -449 3
Income Before Financing Costs -3 -449 3
Financing Costs
Net Income (Loss) -3 -449 3
Stockholder's equity BOY
Net Income (Loss) -3 -449 3
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 5,991 146
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -3 5,542 149
NEO Tacoma NEO NEO Tulare
Taunton
LLC LLC LLC
Other Income (Expense)
Other Income (Expense) 4 -109 -141
Non-Operating Income
Taxes
Total 4 -109 -141
Income Before Financing Costs 4 -109 -141
Financing Costs
Net Income (Loss) 4 -109 -141
Stockholder's equity BOY
Net Income (Loss) 4 -109 -141
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 9 1,081 560
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 13 972 419
NEO Tomoka NEO West NEO Yolo
Farms LLC Covina LLC LLC
Other Income (Expense)
Other Income (Expense) -86 143 -59
Non-Operating Income -2
Taxes
Total -86 141 -59
Income Before Financing Costs -86 141 -59
Financing Costs
Net Income (Loss) -86 141 -59
Stockholder's equity BOY 15
Net Income (Loss) -86 141 -59
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 1,485 7,563 459
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 1,399 7,719 400
NRG Asia- Collinsvil NRG
le Oper- Energeticky
Pacific ations Pty Provoz,
Ltd. Ltd s.r.o.
Other Income (Expense)
Other Income (Expense) -3,182 -3
Non-Operating Income 1,311
Taxes
Total -1,871 -3
Income Before Financing Costs -1,871 -3
Financing Costs
Net Income (Loss) -1,871 -3
Stockholder's equity BOY -3,892 1
Net Income (Loss) -1,871 -3
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 3
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -5,763 1
NRG Energy NRG Energy NRG Energy
CZ, s.r.o. Developmen Ltd.
t GmbH
Other Income (Expense)
Other Income (Expense) 3 51 -2
Non-Operating Income
Taxes
Total 3 51 -2
Income Before Financing Costs 3 51 -2
Financing Costs
Net Income (Loss) 3 51 -2
Stockholder's equity BOY 70 -1,093 -107
Net Income (Loss) 3 51 -2
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 73 -1,042 -109
NRG Jackson NRG Morris
Internatio Valley
nal
II Inc. I, Inc. Operations
Inc
Other Income (Expense)
Other Income (Expense) -93
Non-Operating Income 38
Taxes
Total -55
Income Before Financing Costs -55
Financing Costs
Net Income (Loss) -55
Stockholder's equity BOY -562
Net Income (Loss) -55
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 1 1
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 1 -617 1
NRG NRG NRG
Services Sunnyside Sunnyside
Corporatio Inc Operations
n GP Inc.
Other Income (Expense)
Other Income (Expense) -40 -9,164
Non-Operating Income 3,305 -1
Taxes
Total -40 -5,859 -1
Income Before Financing Costs -40 -5,859 -1
Financing Costs 175
Net Income (Loss) -40 -6,034 -1
Stockholder's equity BOY 12,638 8
Net Income (Loss) -40 -6,034 -1
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -40 6,604 7
NRG NRGenerati NRGeneratin
Sunnyside ng g
Operations Holdings Rupali BV
LP Inc. (No.1) BV
Other Income (Expense)
Other Income (Expense) -107 -7 -3
Non-Operating Income 26
Taxes
Total -81 -7 -3
Income Before Financing Costs -81 -7 -3
Financing Costs 98
Net Income (Loss) -81 -7 -101
Stockholder's equity BOY 293 14 -1,579
Net Income (Loss) -81 -7 -101
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 212 7 -1,680
NRGenerati NRGenerati NRGeneratin
ng ng g
Holdings Holdings Holdings
(No.3) BV (No.4) BV (No.10) BV
Other Income (Expense)
Other Income (Expense) -4 28,533 -3
Non-Operating Income 2,892
Taxes
Total -4 31,425 -3
Income Before Financing Costs -4 31,425 -3
Financing Costs 14,297
Net Income (Loss) -4 17,128 -3
Stockholder's equity BOY 19 19 21
Net Income (Loss) -4 17,128 -3
Dividends Paid to Parent
Currency Translation Adjustments -43,123
Capital Received (Contributed) among 89,775
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 15 63,799 18
NRGenerati NRGenerati NRGeneratin
ng ng g
Holdings Holdings Holdings
(No.11) BV (No.5) BV (No.6) BV
Other Income (Expense)
Other Income (Expense) -2 -3 -4
Non-Operating Income
Taxes
Total -2 -3 -4
Income Before Financing Costs -2 -3 -4
Financing Costs
Net Income (Loss) -2 -3 -4
Stockholder's equity BOY 21 19 19
Net Income (Loss) -2 -3 -4
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among -1
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 18 16 15
NRGenerati NRGenerati NRGeneratin
ng ng g
Holdings Holdings Holdings
(No.7) BV (No.8) BV (No.9) BV
Other Income (Expense)
Other Income (Expense) -3 -3 -3
Non-Operating Income
Taxes
Total -3 -3 -3
Income Before Financing Costs -3 -3 -3
Financing Costs
Net Income (Loss) -3 -3 -3
Stockholder's equity BOY 21 21 21
Net Income (Loss) -3 -3 -3
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 18 18 18
O'Brien Okeechobee Okeechobee
Power Power
Cogenerati II Inc III Inc
on Inc. II
Other Income (Expense)
Other Income (Expense) 133
Non-Operating Income -66
Taxes
Total 67
Income Before Financing Costs 67
Financing Costs
Net Income (Loss) 67
Stockholder's equity BOY 29 1 1
Net Income (Loss) 67
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 500
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 596 1 1
Okeechobee NRG PacGen NRG
Power Inc Pittsburgh
I Inc <F2> Thermal,
Inc.
Other Income (Expense)
Other Income (Expense) -1 2,957 -39
Non-Operating Income 1 -1,061 -81
Taxes
Total 1,896 -120
Income Before Financing Costs 1,896 -120
Financing Costs 394
Net Income (Loss) 1,502 -120
Stockholder's equity BOY -2,542 57
Net Income (Loss) 1,502 -120
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 148,631
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY -2,542 150,133 -63
<F2> The Pacific Generation Company
was acquired 11/4/97. Purchase
accounting adjustments between the
various Pacific Generation Company
entities were not complete at
12/31/97 and therefore the entities
are shown as a consolidated group.
RSD Power Sachsen Scoria
Partners Holding BV Incorporate
LP d
Other Income (Expense)
Other Income (Expense) 194 -7 -2,379
Non-Operating Income 2,997
Taxes
Total 194 -7 618
Income Before Financing Costs 194 -7 618
Financing Costs
Net Income (Loss) 194 -7 618
Stockholder's equity BOY 50 4,175
Net Income (Loss) 194 -7 618
Dividends Paid to Parent
Currency Translation Adjustments
Capital Received (Contributed) among 6,675
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 6,869 43 4,793
Sunshine Sunshine
State State
Power Power BV
(No.2) BV
Other Income (Expense)
Other Income (Expense) 4,609 5,287
Non-Operating Income
Taxes
Total 4,609 5,287
Income Before Financing Costs 4,609 5,287
Financing Costs 5 5
Net Income (Loss) 4,604 5,282
Stockholder's equity BOY 18,255 20,817
Net Income (Loss) 4,604 5,282
Dividends Paid to Parent
Currency Translation Adjustments -7,999 -9,131
Capital Received (Contributed) among
NRG's entities
Capital Contributed from NSP
Other
Stockholder's equity EOY 14,860 16,968
Northern States Power Company
Consolidating Balance Sheets
As Of December 31, 1997
(Dollars, in Thousands)
<S> <C> <C> <C>
Total NSP NSP MN NSP WI
Net Utility Plant $ $ $
4,361,320 3,612,881 681,283
Current Assets
801,791 604,808 90,754
Nonregulated Property and
Investments 997,468 23,329 2,753
Other Long Term Assets
983,486 2,074,570 54,592
Total Assets
7,144,065 6,315,588 829,381
Common Stockholder's Equity
2,371,728 2,431,042 340,832
Preferred Stockholder's
Equity 200,340 200,340 -
Redeemable Preferred
Securities 200,000 - -
Long Term Debt
1,878,875 1,298,308 231,775
Current Liabilities
1,034,018 806,832 98,172
Other Liabilities
1,459,105 1,579,066 158,602
Total Liabilities and
Stockholder's Equity 7,144,065 6,315,588 829,382
Viking NSP EMI
Gas Financing I Consol'd
Net Utility Plant
67,157 - -
Current Assets
9,219 - 28,905
Nonregulated Property and
Investments - - 1,453
Other Long Term Assets
7,903 206,190 22,890
Total Assets
84,279 206,190 53,248
Common Stockholder's Equity
27,346 6,190 35,758
Preferred Stockholder's
Equity - - -
Redeemable Preferred
Securities - 200,000 -
Long Term Debt
38,461 - 123
Current Liabilities
14,369 - 16,624
Other Liabilities
4,103 - 743
Total Liabilities and
Stockholder's Equity 84,279 206,190 53,248
Seren
Innov's Eloigne FMAP
Net Utility Plant
- - -
Current Assets
1,741 8,545 1,464
Nonregulated Property and
Investments 110 56,107 5,382
Other Long Term Assets
6,110 7,005 -
Total Assets
7,961 71,658 6,846
Common Stockholder's Equity
7,519 40,125 1,763
Preferred Stockholder's
Equity - - -
Redeemable Preferred
Securities - - -
Long Term Debt
- 26,217 55
Current Liabilities
384 2,008 4,391
Other Liabilities
59 3,308 637
Total Liabilities and
Stockholder's Equity 7,962 71,658 6,846
United Pwr Ultra NRG
& Land Power Consol'd
Net Utility Plant
- - -
Current Assets
(38) 467 128,484
Nonregulated Property and
Investments 14,183 48 894,102
Other Long Term Assets
- - 149,854
Total Assets
14,145 515 1,172,440
Common Stockholder's Equity
6,766 390 457,310
Preferred Stockholder's
Equity - - -
Redeemable Preferred
Securities - - -
Long Term Debt
6,121 - 491,179
Current Liabilities
1,225 125 162,449
Other Liabilities
34 - 61,502
Total Liabilities and
Stockholder's Equity 14,145 515 1,172,440
NSP
Cormorant Eliminations
Net Utility Plant
- -
Current Assets
3 (72,561)
Nonregulated Property and
Investments - -
Other Long Term Assets
- (1,545,628)
Total Assets
3 (1,618,189)
Common Stockholder's Equity
2 (983,315)
Preferred Stockholder's
Equity - -
Redeemable Preferred
Securities - -
Long Term Debt
- (213,364)
Current Liabilities
1 (72,561)
Other Liabilities
- (348,949)
Total Liabilities and
Stockholder's Equity 3 (1,618,190)
Total
EMI EMI EMC
Net Utility Plant
- - -
Current Assets
28,905 21,590 2,241
Nonregulated Property and
Investments 1,453 587 106
Other Long Term Assets
22,891 25,188 1,048
Total Assets
53,248 47,365 3,395
Common Stockholder's Equity
35,759 35,399 (51)
Preferred Stockholder's
Equity - - -
Redeemable Preferred
Securities
Long Term Debt
123 - 123
Current Liabilities
16,624 11,675 2,871
Other Liabilities
743 291 452
Total Liabilities and
Stockholder's Equity 53,249 47,365 3,395
EMI
ESI Eliminations
Net Utility Plant
- -
Current Assets
5,062 12
Nonregulated Property and
Investments 760 -
Other Long Term Assets
141 (3,486)
Total Assets
5,963 (3,475)
Common Stockholder's Equity
3,897 (3,486)
Preferred Stockholder's
Equity - -
Redeemable Preferred
Securities
Long Term Debt
- -
Current Liabilities
2,066 12
Other Liabilities
- -
Total Liabilities and
Stockholder's Equity 5,963 (3,474)
Total NRG NEO Corporate,
NRG Corporate Biogas &
Corona <F1>
Current Assets
128,484 8,959 66,836
Nonregulated
Property and 894,100 87,876 5,490
Investments
Other Long Term
Assets 149,856 69,433 8,287
Total Assets
1,172,440 166,268 80,613
Common Stockholder's
Equity 457,311 (292,552) (3,994)
Current Liabilities
162,448 42,061 83,522
Other Liabilities
552,681 416,759 1,085
Total Liabilities
and Stockholder's 1,172,440 166,268 80,613
Equity
<F1>. These NEO
entities were in the
process of being
restructured at
12/31/97. As this
activity was in
process, the
entities' financial
statements have been
combined into one
group.
NRG Energy NRG Energy SJVEP I 43%
LP,
Center, Inc. Jackson Valley owned by JV
II, Inc. II
Current Assets
3,864 1,763 -
Nonregulated
Property and 81,899 3,923 24,928
Investments
Other Long Term
Assets 41,731 - 70
Total Assets
127,494 5,686 24,998
Common Stockholder's
Equity 36,077 3,440 24,333
Current Liabilities
8,647 (761) 665
Other Liabilities
82,770 3,007 -
Total Liabilities
and Stockholder's 127,494 5,686 24,998
Equity
SJVEP IV 43% San Joaquin San Joaquin
LP, Valley Valley
owned by JV Energy I Inc Energy IV Inc
II
Current Assets
- 278 23
Nonregulated
Property and 1,200 4 (777)
Investments
Other Long Term
Assets - 51 -
Total Assets
1,200 333 (754)
Common Stockholder's
Equity 3,649 600 487
Current Liabilities
(2,776) (267) (1,256)
Other Liabilities
327 - 15
Total Liabilities
and Stockholder's 1,200 333 (754)
Equity
San Joaquin NRG San Power
Eliminations Diego Inc. Operations
Inc
Current Assets
(372) - 3,571
Nonregulated
Property and (1,611) (2) -
Investments
Other Long Term
Assets - 79 -
Total Assets
(1,983) 77 3,571
Common Stockholder's
Equity (1,611) (2,846) 293
Current Liabilities
(372) 725 3,278
Other Liabilities
- 2,198 -
Total Liabilities
and Stockholder's (1,983) 77 3,571
Equity
NRG Victoria NRG Victoria NRG Cadillac
I II
Pty Ltd Pty Ltd Inc
Current Assets
- 2 -
Nonregulated
Property and - - 1,373
Investments
Other Long Term
Assets - - 12
Total Assets
- 2 1,385
Common Stockholder's
Equity 1,358 (16,166) 1,190
Current Liabilities
(1,358) 1,997 190
Other Liabilities
- 14,171 5
Total Liabilities
and Stockholder's - 2 1,385
Equity
NRG del NRG NRGenerating
International
Coronado, Inc. International
Inc BV
Current Assets
- 3,332 3,085
Nonregulated
Property and 2 33 39,043
Investments
Other Long Term
Assets - 524 -
Total Assets
2 3,889 42,128
Common Stockholder's
Equity (2) 393,119 (102,571)
Current Liabilities
3 (1,200) (9,908)
Other Liabilities
1 (388,030) 154,607
Total Liabilities
and Stockholder's 2 3,889 42,128
Equity
NRG Graystone Le Paz, Inc.
Operating
Services Inc Corporation
Current Assets
1,208 3 1
Nonregulated
Property and - 889 -
Investments
Other Long Term
Assets - 81 172
Total Assets
1,208 973 173
Common Stockholder's
Equity 2,642 986 874
Current Liabilities
(1,434) (13) (748)
Other Liabilities
- - 47
Total Liabilities
and Stockholder's 1,208 973 173
Equity
Eliminations NRG GOS COBEE
:
Graystone/Le Holdings,
Paz Inc.
Current Assets
- 2,067 -
Nonregulated
Property and (889) - 64,763
Investments
Other Long Term
Assets - - -
Total Assets
(889) 2,067 64,763
Common Stockholder's
Equity (889) 1,862 63,889
Current Liabilities
- 203 874
Other Liabilities
- 2 -
Total Liabilities
and Stockholder's (889) 2,067 64,763
Equity
Coniti Gunwale BV NRG Victoria
III
Holdings BV Pty Ltd
Current Assets
13 588 179
Nonregulated
Property and - 7 21,397
Investments
Other Long Term
Assets - - -
Total Assets
13 595 21,576
Common Stockholder's
Equity 13 40 21,576
Current Liabilities
- - -
Other Liabilities
- 555 -
Total Liabilities
and Stockholder's 13 595 21,576
Equity
Kiksis BV Kladno Power Lambique
(No. 1) BV Beheer BV
Current Assets
12 12 40
Nonregulated
Property and - 6,151 62,790
Investments
Other Long Term
Assets - - -
Total Assets
12 6,163 62,830
Common Stockholder's
Equity 12 (3,250) 52,480
Current Liabilities
- 71 1,106
Other Liabilities
- 9,342 9,244
Total Liabilities
and Stockholder's 12 6,163 62,830
Equity
NEO NEO Landfill NEO Albany
Fitchburg
LLC Gas Inc. LLC
Current Assets
13 545 9
Nonregulated
Property and 1,782 - 1,140
Investments
Other Long Term
Assets - 52 -
Total Assets
1,795 597 1,149
Common Stockholder's
Equity 1,769 (7,326) 1,125
Current Liabilities
26 2,305 24
Other Liabilities
- 5,618 -
Total Liabilities
and Stockholder's 1,795 597 1,149
Equity
NEO Edgeboro NRG Hartford NEO Lowell
LLC LLC LLC
Current Assets
52 625 10
Nonregulated
Property and 4,637 487 265
Investments
Other Long Term
Assets 1,250 - -
Total Assets
5,939 1,112 275
Common Stockholder's
Equity 5,778 995 74
Current Liabilities
161 117 201
Other Liabilities
- - -
Total Liabilities
and Stockholder's 5,939 1,112 275
Equity
O Brien NEO San Diego NEO Spokane
Biogas
(Mazzaro), LLC LLC
Inc.
Current Assets
- 53 3
Nonregulated
Property and - 5,779 146
Investments
Other Long Term
Assets - - -
Total Assets
- 5,832 149
Common Stockholder's
Equity (3) 5,542 149
Current Liabilities
3 290 -
Other Liabilities
- - -
Total Liabilities
and Stockholder's - 5,832 149
Equity
NEO Tacoma NEO Taunton NEO Tulare
LLC LLC LLC
Current Assets
4 14 14
Nonregulated
Property and 9 1,056 534
Investments
Other Long Term
Assets - - -
Total Assets
13 1,070 548
Common Stockholder's
Equity 13 971 418
Current Liabilities
- 99 130
Other Liabilities
- - -
Total Liabilities
and Stockholder's 13 1,070 548
Equity
NEO Tomoka NEO West NEO Yolo
Farms LLC Covina LLC LLC
Current Assets
18 544 30
Nonregulated
Property and 1,485 1,951 448
Investments
Other Long Term
Assets - - -
Total Assets
1,503 2,495 478
Common Stockholder's
Equity 1,399 7,719 400
Current Liabilities
104 (5,224) 78
Other Liabilities
- - -
Total Liabilities
and Stockholder's 1,503 2,495 478
Equity
NRG Asia- Collinsville NRG
Oper- Energeticky
Pacific Ltd. ations Pty Ltd Provoz,
s.r.o.
Current Assets
132 1 34
Nonregulated
Property and 1,587 - 12
Investments
Other Long Term
Assets 2,522 - -
Total Assets
4,241 1 46
Common Stockholder's
Equity (5,764) 1 -
Current Liabilities
9,994 - 46
Other Liabilities
11 - -
Total Liabilities
and Stockholder's 4,241 1 46
Equity
NRG Energy NRG Energy NRG Energy
CZ, s.r.o. Development Ltd.
GmbH
Current Assets
124 (1,003) (52)
Nonregulated
Property and - - -
Investments
Other Long Term
Assets - - -
Total Assets
124 (1,003) (52)
Common Stockholder's
Equity 73 (1,042) (110)
Current Liabilities
51 39 58
Other Liabilities
- - -
Total Liabilities
and Stockholder's 124 (1,003) (52)
Equity
NRG Jackson Valley NRG Morris
Internationa
l
II Inc. I, Inc. Operations
Inc
Current Assets
1 30 1
Nonregulated
Property and - 147 -
Investments
Other Long Term
Assets - - -
Total Assets
1 177 1
Common Stockholder's
Equity 1 (617) 1
Current Liabilities
- (751) -
Other Liabilities
- 1,545 -
Total Liabilities
and Stockholder's 1 177 1
Equity
NRG Services NRG Sunnyside NRG Sunnyside
Corporation Inc Operations GP
Inc.
Current Assets
- 3,212 -
Nonregulated
Property and - - 4
Investments
Other Long Term
Assets - 7 -
Total Assets
- 3,219 4
Common Stockholder's
Equity (40) 6,604 6
Current Liabilities
40 (8,936) (2)
Other Liabilities
- 5,551 -
Total Liabilities
and Stockholder's - 3,219 4
Equity
NRG NRGenerating NRGenerating
Sunnyside
Operations Holdings Rupali BV
LP Inc. (No.1) BV
Current Assets
- 10 1,515
Nonregulated
Property and - - -
Investments
Other Long Term
Assets 114 - -
Total Assets
114 10 1,515
Common Stockholder's
Equity 212 8 (1,680)
Current Liabilities
(98) 2 1,695
Other Liabilities
- - 1,500
Total Liabilities
and Stockholder's 114 10 1,515
Equity
NRGenerating NRGenerating NRGenerating
Holdings Holdings Holdings
(No.3) BV (No.4) BV (No.10) BV
Current Assets
15 4,697 18
Nonregulated
Property and - 221,104 -
Investments
Other Long Term
Assets - - -
Total Assets
15 225,801 18
Common Stockholder's
Equity 15 63,799 18
Current Liabilities
- 14,893 -
Other Liabilities
- 147,109 -
Total Liabilities
and Stockholder's 15 225,801 18
Equity
NRGenerating NRGenerating NRGenerating
Holdings Holdings Holdings
(No.11) BV (No.5) BV (No.6) BV
Current Assets
18 13 16
Nonregulated
Property and - 3 -
Investments
Other Long Term
Assets - - -
Total Assets
18 16 16
Common Stockholder's
Equity 18 16 16
Current Liabilities
- - -
Other Liabilities
- - -
Total Liabilities
and Stockholder's 18 16 16
Equity
NRGenerating NRGenerating NRGenerating
Holdings Holdings Holdings
(No.7) BV (No.8) BV (No.9) BV
Current Assets
18 18 18
Nonregulated
Property and - - -
Investments
Other Long Term
Assets - - -
Total Assets
18 18 18
Common Stockholder's
Equity 18 18 18
Current Liabilities
- - -
Other Liabilities
- - -
Total Liabilities
and Stockholder's 18 18 18
Equity
O'Brien Okeechobee Okeechobee
Power Power
Cogeneration II Inc III Inc
Inc. II
Current Assets
210 1 1
Nonregulated
Property and 379 - -
Investments
Other Long Term
Assets 447 - -
Total Assets
1,036 1 1
Common Stockholder's
Equity 597 1 1
Current Liabilities
202 - -
Other Liabilities
237 - -
Total Liabilities
and Stockholder's 1,036 1 1
Equity
Okeechobee NRG PacGen Inc NRG
Power Pittsburgh
I Inc <F2> Thermal, Inc.
Current Assets
- 20,401 -
Nonregulated
Property and 920 162,734 4,027
Investments
Other Long Term
Assets - 24,781 -
Total Assets
920 207,916 4,027
Common Stockholder's
Equity (2,542) 150,133 (63)
Current Liabilities
3,340 27,056 3,814
Other Liabilities
122 30,727 276
Total Liabilities
and Stockholder's 920 207,916 4,027
Equity
<F2> The Pacific Generation Company was acquired
11/4/97. The financial statements temporarily
include assets and liabilities that will be
assigned to associated entities.
RSD Power Sachsen Scoria
Partners LP Holding BV Incorporated
Current Assets
1,621 43 -
Nonregulated
Property and 5,926 5,625 2,461
Investments
Other Long Term
Assets 243 - -
Total Assets
7,790 5,668 2,461
Common Stockholder's
Equity 6,869 43 4,793
Current Liabilities
921 - (11,479)
Other Liabilities
- 5,625 9,147
Total Liabilities
and Stockholder's 7,790 5,668 2,461
Equity
Sunshine Sunshine State
State
Power (No.2) Power BV
BV
Current Assets
(9) (18)
Nonregulated
Property and 33,133 37,830
Investments
Other Long Term
Assets - -
Total Assets
33,124 37,812
Common Stockholder's
Equity 14,860 16,968
Current Liabilities
- -
Other Liabilities
18,264 20,844
Total Liabilities
and Stockholder's 33,124 37,812
Equity
</TABLE>
EXHIBIT B
(dollars, in thousands)
Item No.
<TABLE>
<CAPTION>
<C> <S> <C>
1 Total Assets . . . . . . $7 144 066
2 Total Operating Revenues 2 733 746
3 Net Income . . . . . . . 237 320
</TABLE>
EXHIBIT C - An organizational chart showing the relationship of each EWG or
foreign utility company (FUCO) to associate companies in the holding-company
system.
Kraftwerk Schkopau GbR (EWG)
- ---------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
Saale Energie GmbH (50%)
Kraftwerk Schkopau Betriebsgesellschaft mbH (20.55%)
Kraftwerk Schkopau Betriebsgesellschaft mbH (EWG)
- -------------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
Saale Energie GmbH (50%)
Kraftwerk Schkopau Betriebsgesellschaft mbH (22.22%)
Gladstone Power Station Joint Venture (unincorporated) (EWG)
- --------------------------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Sunshine State Power B.V.
Gladstone Power Station Joint Venture (unincorporated) (20%)
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Sunshine State Power (No. 2) B.V.
Gladstone Power Station Joint Venture (unincorporated) (17.5%)
NRG Gladstone Operating Services Pty Ltd. (EWG)
- -------------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
NRG Gladstone Operating Services Pty Ltd. (99%)
Northern States Power Company
NRG Energy, Inc.
NRG Operating Services, Inc.
NRG Gladstone Operating Services Pty Ltd. (1%)
Mitteldeutsche Braunkohlengesellschaft mbH (EWG)
- -----------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Lambique Beheer B.V.
MIBRAG B.V. (33.33%)
Mitteldeutsche Braunkohlengesellschaft mbH (33%)
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Lambique Beheer B.V.
Mitteldeutsche Braunkohlengesellschaft mbH (0.33%)
Loy Yang Power Partners (unincorporated) (EWG)
- -----------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
NRGenerating Holdings (No. 4) B.V.
Loy Yang Power Partners (unincorporated) (25.37%)
Loy Yang Power Management Pty Ltd. (EWG)
- ------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
NRGenerating Holdings (No. 4) B.V.
Loy Yang Power Management Pty Ltd. (25.37%)
Energeticke Centrum Kladno, s.r.o. (FUCO)
- -----------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Kladno Power (No. 1) B.V.
Energeticke Centrum Kladno, s.r.o. (34.44%)
ECK Generating, s.r.o. (FUCO)
- ----------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V. & Gunwale B.V.
Kladno Power (No. 2) B.V.
Matra Powerplant Holding B.V. (65%)
ECK Generating, s.r.o. (57.85%)
Compania Boliviana de Energia Electrica S.A. (EWG)
- ----------------------------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
Cobee Holdings Inc.
Tosli Investments B.V. (50%)
Compania Boliviana de Energia Electrica S.A. (48.3%)
Energy Developments Limited (FUCO)
- ---------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
NRG Victoria I Pty Ltd. & NRG Victoria II Pty Ltd.
NRG Victoria III Pty Ltd.
Energy Developments Limited (35%)
Enfield Energy Centre Limited (EWG)
- -----------------------------------------
Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
NRGenerating International B.V.
Enfield Energy Centre Limited (50%)
Enfield Operations, L.L.C. (EWG)
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Northern States Power Company
NRG Energy, Inc.
NRG International, Inc.
Enfield Operations, L.L.C. (50%)
