Post-Effective Amendment No. 2 to
SEC File No. 70-8369
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-1
APPLICATION
UNDER
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ("Act")
GENERAL PUBLIC UTILITIES CORPORATION ("GPU")
100 Interpace Parkway
Parsippany, New Jersey 07054
ENERGY INITIATIVES, INC. ("EI")
One Upper Pond Road
Parsippany, New Jersey 07054
(Names of companies filing this statement and addresses
of principal executive offices)
GENERAL PUBLIC UTILITIES CORPORATION
(Name of top registered holding company parent of applicants)
T. G. Howson, Vice President Douglas E. Davidson, Esq.
and Treasurer Berlack, Israels & Liberman
M. A. Nalewako, Secretary 120 West 45th Street
GPU Service Corporation New York, New York 10036
100 Interpace Parkway
Parsippany, NJ 07054
B. L. Levy, President
K. A. Tomblin, Secretary
Energy Initiatives, Inc.
One Upper Pond Road
Parsippany, New Jersey 07054
_________________________________________________________________
(Names and addresses of agents for service)<PAGE>
GPU and EI hereby amend their Application on Form U-1,
docketed in SEC File No. 70-8369, as heretofore amended, as
follows:
1. By amending paragraph I of Post-Effective
Amendment No. 1 thereof to read in its entirety as follows:
I. Since substantially all of the NCP
purchase price has heretofore been funded
with a cash capital contribution from GPU, EI
now proposes to use the proceeds of the sale
of the Notes from time to time in its general
business activities, and, in particular:
(i) to fund preliminary project
development and administrative activities in
connection with EI's investments in
qualifying cogeneration and small power
production facilities ("QFs"), as defined in
the Public Utility Regulatory Policies Act of
1978, and exempt wholesale generators
("EWGs") and foreign utility companies
("FUCOs"), as defined in Sections 32 and 33
of the Act, respectively, as heretofore or as
may be hereafter authorized by the Commission
in Docket No. 70-7727 or any successor docket
thereto,
(ii) to acquire securities or other
interests in QFs, EWGs or FUCOs, provided,
however, that EI will not, without prior
Commission authorization, acquire: (i) an
interest in a QF (which is not also an EWG)
or (ii) except as may be permitted by
Commission rule, regulation or order
authorizing the same, an indirect ownership
interest in a FUCO (which is not also an
EWG), and
(iii) to reimburse GPU for a portion of
its funding of the NCP purchase price.
2. By amending paragraph M of Post-Effective
Amendment No. 1 thereof to read in its entirety as follows:
M. It is believed that Sections 6(a),
7, 9(a), 10 and 12(b) of the Act and Rules
45, 53 and 54 thereunder are applicable to
the transactions proposed herein.
1<PAGE>
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANIES HAVE DULY
CAUSED THIS STATEMENT TO BE SIGNED ON THEIR BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GENERAL PUBLIC UTILITIES CORPORATION
By:______________________________
T. G. Howson
Vice President and Treasurer
ENERGY INITIATIVES, INC.
By:______________________________
Bruce L. Levy
President
Date: October 4, 1994<PAGE>
