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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )
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Enron Global Power & Pipelines L.L.C.
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(Name of Issuer)
Common
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(Title of Class of Securities)
29356M100
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A
fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such
class.) (See Rule 13d-7).
The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
SEC 1745 (2-95)
Page 1 of 4 pages
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1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Genesis Asset Managers Limited
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
A limited liability company organized under the laws of
Guernsey, Channel Islands
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES ----------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
EACH ----------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 0
WITH ----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12. TYPE OF REPORTING PERSON*
Investment Adviser
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* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
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Schedule 13G
Enron Global Power & Pipelines L.L.C
Common
CUSIP No. 29356M100
1.
Genesis Asset Managers Limited
2.
(Not filing as a group)
3.
4.
a limited liability company
organized under the laws of Guernsey, Channel Islands
5.
0
6.
7.
0
8.
9.
0
10.
11.
0
12.
Investment Adviser
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ITEM 1.
Enron Global Power & Pipelines L.L.C.
333 Clay Street
Suite 1800
Houston, Texas 77002
ITEM 2.
(a) Genesis Asset Managers Limited ("GAML")
(b) Address: Harbour Court
Les Amballes
St. Peter Port
Guernsey, Channel Islands
(c) GAML, a limited liability company
organized under the laws of Guernsey, Channel Islands
(d) Common Stock
(e) Cusip No. 29356M100
ITEM 3.
(e) Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940
ITEM 4.
As of November 19, 1997 and December 31, 1997 -0-
ITEM 5. As of November 19, 1997 each shareholder of Enron Global Power &
Pipelines L.L.C. received 0.9189 shares of Enron Corp.
ITEM 6. GAML, a registered investment adviser, provides investment advisory
services either on a discretionary basis to institutional investors and
in-house pooled funds for institutional investors or a non-discretionary
basis to outside managers of institutional investors. Prior to November 19,
1997, GAML had investment, voting and disposition power with respect to
907,872 shares of Enron Global Power & Pipelines L.L.C. on behalf of various
investors. Such shares have been converted into shares of Enron Corp as
stated above.
ITEM 7. N/A
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Item 8. N/A
Item 9. N/A
After reasonable inquiry and to the best of my knowledge, I certify that the
information set forth in this statement is true, complete and correct.
Date: February 12, 1998 /s/ Jeremy D. Paulson-Ellis
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Name: Jeremy D. Paulson-Ellis
Title: Director
