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
Teplarna Otrokovice, a.s.
(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
David L. Wozny
Cinergy Corp.
139 East Fourth Street
Cincinnati, Ohio 45202
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 Teplarna
Otrokovice, a.s., a corporation organized under the laws of Czech Republic,
that Otrokovice, a.s. is, and claims status as, a foreign utility company
("FUCO") within the meaning of section 33 of the Act.
Item 1. Name of entity claiming FUCO 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
FUCO and description of the amount and nature of the interest.
The name and business address of the company on whose behalf FUCO
status is claimed is Teplarna Otrokovice, a.s. ("Otrokovice"), 76539
Otrokovice 1, Czech Republic.
Otrokovice owns and operates 37 megawatts of electric generation
assets in the Czech Republic. Its assets are located in and around the
town of Otrokovice in the southeastern part of the Czech Republic, and
supply electricity to local industry and Jihomoravska Energetika, the
regional electric distribution utility.
The authorized and issued share capital of Otrokovice is 347,551,500
Czech crowns ("CZK"), represented by 231,701 shares with a nominal value of
1000 CZK, and 231,701 shares with a nominal value of 500 CZK. Cinergy
Global Resources 1 B.V., a company incorporated in the Netherlands and an
indirect wholly-owned subsidiary of Cinergy, is the legal and beneficial
owner of approximately 12% of the issued shares. Newton Stock Investment,
a.s., a joint stock company incorporated in the Czech Republic, with its
seat in Praha, owns approximately 86% of the issued shares and small
investors own the remaining approximately 2% of the issued shares.
Item 2. Name of any domestic associate public utility company and, if
applicable, its holding company, and description of the relationship
between the FUCO and such company, and the purchase price paid by any
domestic associate public utility company for its interest in the FUCO.
The following domestic public utility companies, each of which is a
direct or indirect wholly-owned subsidiary of Cinergy, are associate
companies of Otrokovice: 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 Otrokovice, 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 thereunto duly authorized as of the date
indicated below:
CINERGY CORP.
By: /S/William L. Sheafer
Vice President & Treasurer
Dated: July 20, 1999
