CSW ENERGY INC
35-CERT, 1999-08-13
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                            UNITED STATES OF AMERICA
                                   before the
                       SECURITIES AND EXCHANGE COMMISSION


PUBLIC UTILITY HOLDING COMPANY ACT OF 1935


- ----------------------------------------------
In the matter of

CSW Energy, Inc.                                      REPORT FOR PERIOD
Dallas, Texas  75266-0789                             April 1, 1999 to
                                                      June 30, 1999

File No.  070-08205                                   PURSUANT TO RULE 24


      This report is filed under Rule 24 of the Public Utility  Holding  Company
Act of 1935 by CSW Energy,  Inc. ("CSW  Energy"),  a wholly owned  subsidiary of
Central and South West  Corporation  ("CSW").  Under HCAR 35-26416,  CSW and CSW
Energy are  authorized to issue letters of credit,  bid bonds,  or guarantees in
connection   with  the  development  of  qualifying   cogeneration   facilities,
qualifying small power production  facilities and independent  power facilities,
including  exempt  wholesale  generators.  Attached is the information  required
pursuant to HCAR 35-26416.

(1) A  schedule  of all  guarantees,  letters of  credit,  bid bonds,  and other
    support  arrangements  issued by or for the account of CSW or CSW Energy in
    connection with the development of certain  independent power projects,  and
    any fees and interest payable related to such guarantees, letters of credit,
    bid bonds and other support arrangements. See Exhibit A.

<PAGE>


                                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 Energy,  Inc. has duly caused this report to be
signed on its behalf on this 12th day of August, 1999.

                                          CSW Energy, Inc.


                                          /s/ Sandra S. Bennett
                                              Sandra S. Bennett
                                              Controller


                                    Exhibit A
                                     70-8205

                                CSW ENERGY, INC.
                        LETTERS OF CREDIT AND GUARANTEES
                 ISSUED IN CONJUNCTION WITH PROJECT DEVELOPMENT

                                at June 30, 1999

<TABLE>
<CAPTION>


                               FEES    FEES   REFERENCE
  PROJECT     *     AMOUNT      PD    PAYABLE  NUMBER   MATURITY     BENEFICIARY          OBLIGOR     PURPOSE        AUTHORITY
<S>          <C>    <C>        <C>    <C>      <C>      <C>          <C>                  <C>         <C>            <C>

  Frontera    G    $6,000,000   N/A     N/A      N/A    January 2000 Duke Fluor Daniels    CSWE       EPC Support LC   70-8205

</TABLE>


     *  G   - Guarantee



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