CSW ENERGY INC
35-CERT, 1995-11-21
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<PAGE> 1
                  UNITED STATES OF AMERICA
                         before the
             SECURITIES AND EXCHANGE COMMISSION


PUBLIC UTILITY HOLDING COMPANY ACT OF 1935

______________________________________________
In the matter of

CSW International, Inc.                        REPORT FOR PERIOD
Dallas, Texas  75266-0789                      July 1, 1995 to
                                               September 30, 1995
File No.  070-08423                            PURSUANT TO RULE 24


     This report is filed under Rule 24 of the Public
Utility Holding Company Act of 1935 by CSW International,
Inc. ("CSW International"), a wholly owned subsidiary of
Central and South West Corporation ("CSW").  Under HCAR 35-
26383, CSW International is authorized to participate in
cogeneration projects and to provide consulting services
with respect to IPPs.  Attached is the information required
pursuant to HCAR 35-26383.

(1)  Information on each investment made by CSWI, directly
or indirectly, in   CSWdM, CSWdM Servicios, or any other
project parent, indicating the amount   and type of such
investment and indetifying the facility with respect to
which such project parent was organized.  None.

(2)  Information about the amount, type, and terms of
securities (including interest rate, matuity, and the
basis for inflation adjustment in the case of non-recourse
indebtedness denominated in any currency other than U.S.
dollars) issued by any project parent to a third person. None.

(3)  A balance sheet as of the relevant report date. See Exhibit A.

(4)  An income statement for the twelve months ended. See Exhibit B.

(5)  Information on intercompany transactions with CSW
International related to CSW International's consulting
services, including (a) the name of each associate
company providing services, (b) a listing of services
provided and (c) the total dollar amount of services
provided, broken down by associate company. See Exhibit C.

(6)  A schedule of aggregate development expenses and
investments as of the relevant quarterly reporting date. See Exhibit D.

<PAGE> 2
                      S I G N A T U R E


     As requested by order of this Commission pursuant to
the Public Utility Holding Company Act of 1935, CSW
International, Inc. has duly caused this report to be signed
on its behalf on this 14th day of November, 1995.



                                   CSW International, Inc.


                                   /s/  EDDIE PEEBLES
                                        Eddie Peebles
                                        Controller



<PAGE> 3
                        CSW International, Inc.                   EXHIBIT A
                            Balance Sheet
                          September 30, 1995
                             (Unaudited)
                               ($000's)


                                                   9/30/95

ASSETS
        Accounts Receivable - Affiliated         $   1,735
        Non-Current Assets - Equipment                  30
                                                     1,765


TOTAL                                            $   1,765


LIABILITIES AND EQUITY

LIABILITIES
        Accounts Payable - Affiliated                6,536
        Other Liabilities                               26
        Accrued Federal Income Taxes                (1,782)
                                                     4,780

EQUITY
        Common Stock                                     1
        Retained Earnings                           (3,016)
                                                    (3,015)

TOTAL                                            $   1,765


<PAGE> 4
                          CSW International, Inc.                  EXHIBIT B
                           Statement of Income
              For the Twelve Months Ended September 30, 1995
                               (Unaudited)
                                 ($000's)


Expenses:                                             9/30/95

        Depreciation and Amortization                       3
        Outside Services                                2,088
        Income Tax Benefit                             (1,853)
        Expenses Transferred Out                         (970)
        Interest Expense                                  116
        General and Administrative Expenses             3,632

Total Expenses                                          3,016

Net Loss                                               (3,016)



CSW International's financial results begin in November of 1994.


<PAGE> 5
                              CSW International, Inc.              EXHIBIT C
                        Intercompany Service Transactions
                  For the Nine Months Ended September 30, 1995
                                   (Unaudited)



  Name                              Type of Service                     Amount
Transok, Inc.                       Salaries, overheads, and       $     4,693
(Wholly owned subsidiary of         travel in support of CSW 
Central & South West Corporation)   International, Inc. projects.

CSW Energy, Inc.                    Salaries, overheads, and       $   746,311
(Wholly owned subsidiary of         travel in support of CSW 
Central & South West Corporation)   International, Inc. projects.

Central & South West Services, Inc. Salaries, overheads, and       $   381,338
(Wholly owned subsidiary of         travelin support of CSW 
Central & South West Corporation)   International, Inc. projects.

Central & South West Corporation    Interest on cash advances      $   114,269
(Parent)                            provided to CSW International,
                                    Inc.


<PAGE> 6
                              CSW International, Inc.               EXHIBIT D
                Aggregrate Development Expenses and Investments
                             As of September 30, 1995
                                  (Unaudited)



Projects                 Stage               Development Costs      Investments

I. Development activities subject to $400,000,000 aggregrate limit on authority 
     in 70-8423.

    Various Projects:

                        Development             $4,964,663



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