UNITED STATES 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: September 4, 1998
Commission File Number: 33-74254
COGENTRIX ENERGY, INC.
(Exact name of registrant as specified in its charter)
North Carolina 56-1853081
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
9405 Arrowpoint Boulevard, Charlotte, North Carolina 28273-8110
(Address of principal executive offices) (Zipcode)
(704) 525-3800
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events
On August 31, 1998, Cogentrix Energy, Inc. issued a news release to
announce its acquisition of a 52% ownership interest in an 800-megawatt power
facility located in Batesville, Mississippi.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description of Exhibit
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99 Press Release, dated August 31, 1998
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
COGENTRIX ENERGY, INC.
(Registrant)
Date: September 4, 1998 /s/ JAMES R. PAGANO
-------------------------------
James R. Pagano
Group Senior Vice President,
Chief Financial Officer
(Principal Financial Officer)
2
EXHIBIT NO. 99
Cogentrix Acquires Ownership Interest in 800 MW Power
Facility located in Batesville, Mississippi
CHARLOTTE, N.C., August 31, 1998 - Cogentrix Energy, Inc. has acquired a 52%
ownership interest in an 800 MW natural gas fired combined cycle facility
that is being constructed in Batesville, Mississippi. LS Power, LLC
developed the project and will hold the remaining 48% ownership position.
LS Power will maintain management control of the project. Cogentrix will
assist in the construction management and have responsibility for operations
and maintenance of the facility, which is scheduled to begin commercial
operation in the summer of 2000.
Project financing has been provided by Credit Suisse First Boston and closed
concurrently with the acquisition of Cogentrix's ownership interest in the
project.
Cogentrix Energy, Inc., headquartered in Charlotte, NC, acquires, develops,
owns and operates electric generation and other power assets in the United
States and internationally.
Media contact: Jef Freeman/Cogentrix/704-525-3800.
