SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under Section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
HAZELWOOD PACIFIC PTY LTD
HAZELWOOD POWER PARTNERSHIP
HAZELWOOD POWER CORPORATION LTD
(Names of foreign utility companies)
by
PACIFICORP
(Name of filing Company)
700 N.E. Multnomah
Portland, Oregon 97232
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PacifiCorp, an Oregon corporation ("PacifiCorp"), hereby files with
the Securities and Exchange Commission (the "Commission"), pursuant to
section 33 of the Public Utility Holding Company Act of 1935 (the "Act")
and Rule 57 of the implementing regulations thereunder, 17 C.F.R. ss.
250.57 (1994), this notice that each of Hazelwood Pacific Pty Ltd,
("Hazelwood Pacific"), Hazelwood Power Partnership ("Hazelwood
Partnership"), and Hazelwood Power Corporation Ltd ("Hazelwood
Corporation") is, or upon completion of the proposed acquisition described
in this notice, will be, a foreign utility company under the Act. Hazelwood
Partnership is submitting a bid to purchase the assets of Hazelwood
Corporation, which owns and operates certain facilities in Australia that
are used for the generation of electric energy for sale. In connection with
the bid, partners in Hazelwood Partnership may also acquire beneficial
ownership of the stock of Hazelwood Corporation. Neither Hazelwood
Corporation nor Hazelwood Partnership nor Hazelwood Pacific will derive any
part of its income, directly or indirectly, from the generation,
transmission or distribution of electric energy for sale (or the
distribution at retail of natural or manufactured gas for heat, light, or
power) within the United States. Neither Hazelwood Corporation nor
Hazelwood Partnership nor Hazelwood Pacific, nor any subsidiary company of
these entities will be a public utility operating within the United States.
ITEM 1
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a. Name and business address of the entities claiming foreign utility
company status:
HAZELWOOD PACIFIC PTY LTD HAZELWOOD POWER PARTNERSHIP
c/o Phillips Fox c/o Phillips Fox
120 Collins Street 120 Collins Street
Melbourne, Victoria 3000, Australia Melbourne, Victoria 3000, Australia
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HAZELWOOD POWER CORPORATION LTD
c/o Phillips Fox
120 Collins Street
Melbourne, Victoria 3000, Australia
b. Description of the facilities used for the transmission and
distribution of electric energy for sale:
Hazelwood Partnership is submitting a bid to purchase the assets of
Hazelwood Corporation, which is currently owned by the state of Victoria,
Australia.
The facilities used for the generation, transmission, and distribution
of electric energy for sale that Hazelwood Partnership will acquire,
directly or indirectly, if its bid is successful are: (1) a 1600 megawatt
(installed capacity) brown coal-fired generating facility, comprising eight
units, each of which consists of a boiler and turbine with nameplate
capacity of 200 megawatts, and (2) transmission facilities necessary to
interconnect the Hazelwood facility with the high-voltage transmission grid
owned and operated by PowerNet Victoria, a statutory Victoria government
corporation.
c. Ownership of Hazelwood Partnership, Hazelwood Pacific, and Hazelwood
Corporation:
Hazelwood Partnership is a general partnership governed by the laws of
Australia. The partners in Hazelwood Partnership and their approximate
expected ownership interests are as follows:
(1) Hazelwood Pacific Pty Ltd 20%
(2) National Power Australia Investments Limited 50%
(3) Australian Power Partners, C.V. 20%
(4) Commonwealth Bank of Australia Ltd 10%
(through its indirect subsidiaries
CIFL (Hazelwood) Pty Ltd and
Hazelwood Investment Cpy Ltd)
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Hazelwood Pacific is a company organized under the laws of Victoria,
Australia, and is an indirect wholly-owned subsidiary of PacifiCorp
Holdings, Inc. ("PHI"). PHI, a Delaware corporation, is a wholly-owned
subsidiary of PacifiCorp.
Hazelwood Corporation is an Australian corporation currently owned by
the state of Victoria, Australia.
ITEM 2
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The only domestic associate public utility company of Hazelwood
Pacific or Hazelwood Partnership is PacifiCorp. PacifiCorp is not owned by
a holding company. As described above, PacifiCorp holds an indirect
ownership interest in Hazelwood Partnership through Hazelwood Pacific and
intermediate entities. Hazelwood Pacific is an indirect wholly-owned
subsidiary of PHI, which is a wholly-owned subsidiary of PacifiCorp. No
part of Hazelwood Pacific's investment in Hazelwood Partnership's
acquisition of Hazelwood Corporation's assets will be paid directly by
PacifiCorp.
EXHIBIT A
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State certifications required under section 33(a)(2) of the Act have
been filed with the Commission by the California Public Utilities
Commission, the Idaho Public Utilities Commission, the Public Utility
Commission of Oregon, the Montana Public Service Commission, the Public
Service Commission of Utah, the Washington Utilities and Transportation
Commission, and the Wyoming Public Service Commission. These state
certifications are incorporated by reference.
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SIGNATURE
The undersigned company has duly caused this statement to be signed on
its behalf by the undesigned officer thereunto duly authorized.
PACIFICORP
By: JOHN A. BOHLING
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John A. Bohling
Senior Vice President
Dated: July 31, 1996
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