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:  October 27, 2000
(Date of earliest event reported)

              WPS Resources Corporation              
(Exact name of registrant as specified in its charter)

                  Wisconsin                  
(State or other jurisdiction of incorporation)

700 North Adams Street, P.O. Box 19001, Green Bay, WI 54307-9001
(Address of principal executive offices)               (Zip Code)

Registrant's telephone number, including area code:  (920)433-4901

                       Not Applicable                       
(Former name or former address, if changed since last report)

Page 1 of 3 Pages

On October 27, 2000, Sierra Pacific Resources and WPS Power Development, Inc. issued a joint Press Release announcing an agreement to sell the Tracy Power Station to WPS Power Development, a subsidiary of WPS Resources Corporation. WPS Power Development Inc. will acquire the 545-megawatt power station for approximately $250 million subject to certain adjustments at closing. In conjunction with the purchase, Sierra Pacific Resources will enter into a power purchase contract with WPS Power Development. The power purchase agreement provides Sierra Pacific with the right to purchase energy and ancillary services from the Tracy Power Station through February 2003. For additional information regarding the agreement see the attached exhibit.