SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
EPR Ely Limited
(Name of foreign utility company)
Cinergy Corp.
(Name of filing company, if filed on behalf of a foreign utility company)
The Commission is requested to mail copies of all communications relating
to this Notification to:
Cheryl M. Foley
Lisa Gamblin
Cinergy Corp.
139 East Fourth Street
Cincinnati, Ohio 45202
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Cinergy Corp. ("Cinergy"), a Delaware corporation and a registered
holding company under the Public Utility Holding Company Act of 1935, as
amended (the "Act"), hereby notifies the Commission on behalf of EPR Ely
Limited, a corporation organized under the laws of England and Wales,
that EPR Ely Limited is, and claims status as, a foreign utility company
within the meaning of section 33 of the Act.
Item 1. Name of entity claiming foreign utility company status, its
business address, and a description of the facilities used for the
generation, transmission and distribution of electric energy for sale or
for the distribution at retail of natural or manufactured gas.
Identification, to the extent known, of each person holding 5% or more of
any class of voting securities of the foreign utility company and
description of the amount and nature of the interest.
The name and business address of the company on whose behalf foreign
utility company status is claimed is EPR Ely Limited ("EPR Ely") 15 The
Courtyard, Woodlands Lane, Bradley Stoke, Bristol BS32 4 NQ, United
Kingdom.
EPR Ely is in the process of constructing a 36 MW straw-fired
electric generation facility in the United Kingdom expected to be completed
by September 2000. EPR Ely's assets are located at Ely, Cambridgeshire,
and will supply electricity to Eastern Electricity plc, the regional
electric distribution utility.
EPR Ely has an authorized share capital of (1) one million GB Pounds
("GBP"), of which (1) one million ordinary shares with a nominal value of
GBP (1) one each are issued and fully paid (representing the entire
voting securities of EPR Ely) and are wholly owned by EPR Ely Power Limited
("EPR Holding"), a corporation incorporated in England and Wales.
Cinergy Global Ely, Inc., a Delaware corporation and an indirect
wholly owned subsidiary of Cinergy Corp., has entered into unconditional
obligations effective September 9, 1998, under which on or before
September 10, 1999 it will subscribe in cash for the following classes of
voting securities in EPR Holding, namely 214,286 ordinary shares of GBP (1)
one each representing 30% of such class.
Item 2. Name of any domestic associate public utility company and, if
applicable, its holding company, and description of the relationship
between the foreign utility company and such company, and the purchase
price paid by any domestic associate public utility company for its
interest in the foreign utility company.
The following domestic public utility companies, each of which is a
direct or indirect wholly-owned subsidiary of Cinergy, are associate
companies of EPR Ely: The Cincinnati Gas & Electric Company ("CG&E"),
PSI Energy, Inc., The Union Light, Heat and Power Company ("Union"),
Lawrenceburg Gas Company ("Lawrenceburg"), The West Harrison Gas and
Electric Company ("West Harrison") and Miami Power Corporation ("Miami").
Union, Lawrenceburg, West Harrison and Miami are all direct wholly-owned
subsidiaries of CG&E.
None of the foregoing domestic public utility companies has made an
investment in or has any contractual relationship with EPR Ely, nor is
any such investment or contractual relationship contemplated.
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SIGNATURE
The undersigned company has duly caused this statement to be signed
on its behalf by the undersigned officer, duly authorized as of the date
indicated below:
CINERGY CORP.
By: /s/William L. Sheafer
Vice President & Treasurer
Dated: October 6, 1998
