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
Northeolic Pico Gallo, S.L.
(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:
David L. Wozny George Dwight II
Vice President Senior Counsel
Cinergy Global Resources, Inc. Cinergy Corp.
139 East Fourth Street 139 East Fourth Street
Ohio 45202 25AT2 Cincinnati
Cincinnati Ohio 45202
Cincinnati
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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 Northeolic Pico Gallo, S.L.,
a corporation organized under the laws of Spain, that Northeolic Pico Gallo,
S.L. 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 of the company on whose behalf foreign utility company status is
claimed is Northeolic Pico Gallo, S.L. ("Pico Gallo"), a company incorporated in
Spain, and its business address is La Plaza s/n (sin numero - no number) Caravia
Baja, 33343 Asturias, Spain.
Pico Gallo is constructing electric wind generation assets with 25
megawatts of rated capacity in Spain. Pico Gallo's electric assets are located
in northern Spain and around Tineo, Asturias, Spain, and will supply electricity
to Electra de Viesgo, S.A., a local utility company in Spain.
Pico Gallo has an authorized share capital of 750,000 Spanish Pesetas, of
which 750 shares, with a par value per share of 1,000 Pesetas, are issued and
outstanding. Cinergy 2 BV, a company incorporated in The Netherlands and Cinergy
Renovables Ibericas, S.A., a company incorporated in Spain, both wholly-owned
subsidiaries of Cinergy Global Power, Inc. (the latter company being an indirect
wholly-owned subsidiary of Cinergy), are the legal and beneficial owner of 250
and 1 share(s) respectively (i.e., together 33.4% of the issued share capital of
Pico Gallo), and Northeolic, S.A. (a company incorporated in Spain) owns 499
shares of the shares in issue, representing a 66.6% of the issued share capital
of Pico Gallo.
Save for those persons referred to above Cinergy is not aware of any other
person(s) holding directly or indirectly five percent (5%) or more of any class
of voting securities of Pico Gallo.
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 Pico
Gallo: 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 Pico Gallo, nor is any
such investment or contractual relationship contemplated.
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/Wendy L. Aumiller
Assistant Treasurer
Dated: November 30, 2000
