SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: February 25, 1997
LG&E ENERGY CORP.
(Exact name of registrant as specified in its charter)
Kentucky 1-10568 61-1174555
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
220 West Main Street
P.O. Box 32030
Louisville, KY 40232
(Address of principal executive offices)
(502) 627-2000
(Registrant's telephone number)
Item 5. Other Events.
On February 24, 1997, LG&E Energy Corp. announced that its board of directors
gave approval for the Company to replace Pacificorp in the existing
reorganization plan of Big Rivers Electric Corporation.
Item 7(c). Exhibits Filed.
Exhibit
Number Description
99.01 News Release dated February 24, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
LG&E ENERGY CORP.
Registrant
Date: February 25, 1997 /s/ Victor A. Staffieri
Victor A. Staffieri
President - Distribution Services Division
President - Louisville Gas and Electric
Company
Exhibit 99.01
LG&E Energy Prepared To Replace Pacificorp Bid For Big Rivers
LOUISVILLE, Ky., Feb. 24 /PRNewswire/ -- The LG&E Energy Corp. (NYSE: LGE)
board of directors today gave approval for LG&E Energy to replace Pacificorp in
the existing reorganization plan of Big Rivers Electric Corporation. This
approval is the first step required by the U.S. Bankruptcy Court for LG&E
Energy to participate in a March auction of Big Rivers, protecting creditors
and customers should Pacificorp choose to abandon its bid.
LG&E Energy will match the offer currently proposed by Pacificorp to lease the
assets of the Henderson, Ky.-based power cooperative and provide for the
long-term power needs of Big Rivers' customers. Having met the court's
requirements to begin its due diligence review of Big Rivers, LG&E Energy Corp.
now has until the March 19 bid date to determine the amount of any potential
enhanced bid for the lease or purchase of Big Rivers' assets.
LG&E Energy Corp. is an industry-leading energy services holding company
headquartered in Louisville, Ky. The company has assets and operations in
retail and wholesale power and natural gas services and marketing. It has
offices, operations and partnership projects throughout the U.S., as well as in
Canada, Argentina and Spain.
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