SEC FILE NO. 70-8179
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
)
In the Matter of )
)
ENERGY INITIATIVES, INC. ) Certificate Pursuant
) to Rule 24 of Partial
SEC File No. 70-8179 ) Completion of
) Transactions
(Public Utility Holding )
Company Act of 1935) )
)
)
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 ("Act"), as follows:
A. Polsky Energy Corporation ("Cogen Corp."), through a
wholly owned subsidiary, has acquired general and limited partner-
ship interests in Illinois Wood Energy Partners, L.P. ("IWEP"),
which has filed with the Federal Energy Regulatory Commission
("FERC") a notice pursuant to 18 C.F.R. Section 292.207(a)(2)
of its intention to build a qualifying cogenerating facility ("QF").
1. IWEP's business address is c/o Polsky Energy
Corporation, Edens Corporate Center, 650 Dundee Road, Suite 150,
Northbrook, Illinois 60062.
2. The location of the project proposed to be con-
structed ("Project") by IWEP is Bloom Township, Illinois. The
Project's net electrical output is expected to be 23.15 megawatts
("MW").
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3. Total project construction costs are estimated at
approximately US$42 million.
4. Neither EI nor any associate company of EI has
guaranteed any of IWEP's securities.
5. The Project's electrical output will be purchased by
Commonwealth Edison Company.
6. The type of fuel to be used by the Project is wood.
7. There are no service, sales or construction
contracts between EI or any associate company of EI and IWEP.
8. Cogen Corp.'s ownership interest in IWEP is 50%.
9. The Project is a QF.
B. Cogen Corp., through a wholly-owned subsidiary, has
acquired the general and limited partnership interests in Wood
River Partners, LLC ("Wood River"), which has filed with the FERC a
notice pursuant to 18 C.F.R. Section 292.207(a)(2) of its
intention to build a QF.
1. Wood River's business address is c/o Polsky Energy
Corporation, Edens Corporate Center, 650 Dundee Road, Suite 150,
Northbrook, Illinois 60062.
2. The location of the proposed project ("Wood River
Project") is Wood River, Illinois. The net electrical output is
expected to be 28.3 MW.
3. Total project construction costs are estimated at
US$42 million.
4. Neither EI nor any associate company of EI has
guaranteed any of Wood River's securities.
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5. The Wood River Project's electrical output is
proposed to be sold to Illinois Power Company.
6. The type of fuel to be used by the Wood River
Project is wood.
7. There are no service, sales or construction
contracts between EI or any associate company of EI and Wood River.
8. Cogen Corp.'s ownership interest in Wood River is
100%.
9. The Project is a QF.
C. Cogen Corp. has filed with the FERC a notice pursuant to
18 C.F.R. Section 292.207(a)(2) of its intention to build a QF
in St. Lucie Florida. EI understands that the foregoing project
is not being actively developed.
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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
Dated: July 27, 1994
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