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.<PAGE>
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
wholly owned subsidiaries, has acquired the membership interests
in Polsky Energy Corporation of Countryside, L.L.C. ("Country-
side"), 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 cogeneration
facility ("QF").
1. Countryside's business address is:
c/o Polsky Energy Corporation
650 Dundee Road, Suite 150
Northbrook, Illinois 66062
<PAGE>
2. The Countryside project will be located in Grays-
lake, Illinois. The net electrical output is
expected to be 1.1 MW.
3. Total construction costs are estimated at $7.0
million.
4. Neither EI nor any associate company of EI has
guaranteed any of Countryside's securities.
5. Countryside's electrical output will be purchased
by Commonwealth Edison Company.
6. Countryside will be fueled on landfill gas (meth-
ane).
7. There are no service, sales or construction con-
tracts between EI or any associate company of EI
and Countryside.
8. Cogen Corp. owns 100% of Countryside.
9. The Countryside project is a QF.
2<PAGE>
B. Cogen Corp., through wholly-owned subsidiaries, has
acquired the membership interests in Polsky Energy Corporation of
Zion, L.L.C. ("Zion"), which has filed with FERC a notice of
intention to build a QF. EI understands that the project is
inactive.
C. In addition, the following updates information previ-
ously reported:
1. Total construction costs of Cogen Corp.'s Wood
River Project are estimated at $80 million.
2. Total construction costs of Cogen Corp.'s Bloom
Township Project are estimated at $77 million.
3<PAGE>
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: February 7, 1995<PAGE>
