SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported) December 31, 1997
Northern States Power Company
(Exact name of registrant as specified in its charter)
Minnesota
(State or other jurisdiction of incorporation)
1-3034 41-0448030
(Commission File Number) (IRS Employer Identification No.)
414 Nicollet Mall, Mpls, MN 55401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 612-330-5500
(Former name or former address, if changed since last report)
Item 5. Other Events
On December 31, 1997, Northern States Power Company announced an agreement
and plan of merger with Black Mountain Gas Company of Cave Creek, Ariz.
Attached as Exhibit 99.01 is a news release describing the transaction.
Item 7. Financial Statements and Exhibits
(c) EXHIBITS
Exhibit
No. Description
99.01 December 31, 1997 News Release from Northern States Power
Company
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Northern States Power Company
(a Minnesota Corporation)
By /s/
John P. Moore, Jr.
Corporate Secretary
Dated: March 5, 1998
EXHIBIT INDEX
Method of Exhibit
Filing No. Description
DT 99.01 December 31, 1997 News Release
from Northern States Power Company
DT = Filed electronically with this direct transmission.
For more information:
NSP Media Representatives December 31, 1997
Minneapolis, Minn. (612) 337-2167 FOR IMMEDIATE RELEASE
Northern States Power And Black Mountain Gas Enter Into An Agreement And
Plan Of Merger
MINNEAPOLIS -- Northern States Power Co. (NSP) today announced it has entered
into an agreement and plan of merger with Black Mountain Gas Company, Cave
Creek, Ariz. The agreement is dependent upon regulatory approval and Black
Mountain shareholder approval. Financial terms are not being disclosed.
Black Mountain Gas Co., based in Arizona, is a natural gas and propane
distribution company with natural gas operations in Cave Creek, Carefree,
North Phoenix and North Scottsdale, and propane operations in the city of
Page, Ariz. Black Mountain currently serves 6,500 customers, and projected
1997 year-end revenues of $6 million.
NSP distributes natural gas to more than 400,000 customers in Minnesota,
Wisconsin, North Dakota and Michigan, in addition to providing electricity to
about 1.4 million customers in the Upper Midwest.
"Black Mountain is a well run, financially healthy gas company located in a
service territory right in the heart of a major growth area," says Cyndi
Lesher, president, NSP Gas. "We are extremely pleased to bring Black Mountain
Gas into the NSP family. Black Mountain's service
territory provides significant long-term growth potential for NSP."
For more information, contact: NSP Media Representatives, (612) 337-2167.
