SEC FILE NO. 70-7828
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CERTIFICATE PURSUANT TO
RULE 24
OF PARTIAL COMPLETION OF
TRANSACTIONS
ENERGY INITIATIVES, INC.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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In The Matter of )
)
ENERGY INITIATIVES, INC. ) Certificate Pursuant
) to Rule 24 of Partial
SEC File No. 70-7828 ) Completion of
) Transactions
(Public Utility Holding )
Company Act of 1935) )
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TO THE MEMBERS OF THE SECURITIES AND EXCHANGE COMMISSION:
The undersigned, Energy Initiatives, Inc. ("EI"),
hereby certifies pursuant to Rule 24 of the Rules and Regulations
under the Public Utility Holding Company Act of 1935 (the "Act")
that certain of the transactions proposed in the Application on
Form U-1, as amended, filed in SEC File No. 70-7828, have been
carried out in accordance with the Commission's Order, dated June
19, 1991 (HCAR No. 35-25335) and Supplemental Orders, dated
October 20, 1992 (HCAR No. 35-25657) and February 22, 1994 (HCAR
No. 35-25991) with respect thereto, as follows:
1. On September 23, 1994, EI made a $7.6 million cash
capital contribution to Selkirk Cogen Partners, L.P. ("Selkirk")
on behalf of Makowski Selkirk Holdings Inc. ("MSHI"), as required
by the terms of the Option Agreement, dated as of June 28, 1991,
as amended, between EI and MSHI (as successor in interest). In
addition, on that date the $7.6 million letter of credit which
had been issued by Mellon Bank, N.A., to the Chase Manhattan
Bank, N.A., as agent, to secure EI's equity contribution
obligation was returned to EI and canceled.
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SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY
HOLDING COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY
CAUSED THIS STATEMENT TO BE SIGNED ON ITS BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
ENERGY INITIATIVES, INC.
By:
B. L. Levy, President
Date: October 6, 1994
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