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FORM 4 OMB APPROVAL
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|_| Check this box if no longer OMB Number 3235-0287
subject to Section 16. Form 4 Expires: April 30, 1997
or Form 5 obligations may Estimated average burden
continue. See Instruction 1(b). hours per response...0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(f) of the Investment Company Act of 1940
<TABLE>
<S> <C> <C>
- ------------------------------------------ ------------------------------------------- ------------------------------------------
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Issuer (Check all applicable)
Societe Lyonnaise des Eaux Trigen Energy Corporation (TGN) _____ Director ___X___10% Owner
- ------------------------------------------ ------------------ ------------------------
(Last) (First) (Middle) 3. IRS or Social 4. Statement for _____ Officer (give title below)
Security Number Month/Year
72, Avenue de la Liberte of Reporting March 1996 _____ Other (specify below)
- ------------------------------------------ Person ------------------------
(Street) (Voluntary) 5. If Amendment,
Date of Original _________________________________
Nanterre, France 92022 (Month/Year)
- ------------------------------------------
(City) (State) (Zip) n/a
------------------ ------------------------ ------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
- -------------------------- ---------- ------------ ----------------------------------- --------------- ------------- ---------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6.Owner- 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities ship Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
(Instr. 8) owned at Direct Ownership
(Month/ End of Month (D) or (Instr. 4)
Day/ (Instr. 3 Indirect
Year) and 4) (I)
------------ ---------------------------------- (Instr.4)
------ ----- ------------- ------ -------------
Code V Amount (A)or Price
(D) (See Note 1)
- -------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
- -------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
Common Stock 9/30/96 P 240,000 A $21.75 I See Note 2
- -------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
Common Stock 9/30/96 P 14,000 A $22.50 I See Note 2
- -------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
Common Stock 2/26/97 P 190,000 A $24.75 8,023,689* I See Note
- -------------------------- ---------- ------ ----- ------------- ------ -------------- ---------------- ------------- --------------
</TABLE>
* Total amount for both 9/30/96 transactions, and the 2/26/97 transaction
plus prior holdings.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses) SEC 1474 (8-92)
Page 1 of 2
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<TABLE>
<CAPTION>
FORM 4 (continued) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
- ----------------- ---------- ------- ------- ----------------- ------------ ------------------ -------- ---------- ------- ---------
1.Title of Deri- 2.Conver- 3.Trans-4.Trans-5.Number of Deri- 6.Date Exer- 7.Title and Amount 8.Price 9.Number 10.Own- 11.Nature
vative Security sion or action action vative Securities cisable and of Underlying Sec- of Deri- of Deri- ership of Bene-
(Instr. 3) Exercise Date Code Acquired (A) or Expiration urities vative vative Form of ficial
Price of (Month/ (Instr. Disposed of (D) Date (Instr. 3 and 4) Security Securities Deriva- Indirect
Deriva- Day/ 8) (Instr.3,4 and 5) (Month/Day (Instr. Benefi- tive Ownership
tive Year) Year) 5) cially Securi (Instr.
Security Owned at ty: Di- 4)
End of rect (D)
Month or In-
(Instr. 4) direct
(I)
(Instr.
4)
------- ----------------- ------------- -----------------
---- -- -------- -------- ------ ------ ------- ---------
Code V (A) (D) Date Expir- Title Amount or
Exer- ation Number of
cis- Date Shares
able
- ----------------- ---------- ------- -------- ------- -------- ------ ------ ------- --------- -------- ---------- ------- ---------
- ----------------- ---------- ------- -------- ------- -------- ------ ------ ------- --------- -------- ---------- ------- ---------
n/a
</TABLE>
Explanation of Responses:
Note 1: This filing is being made by Societe Lyonnaise des Eaux
("Lyonnaise") on behalf of itself and its subsidiaries Elyo S.A., formerly
Ufiner-Cofreth, S.A. ("Elyo"), Cofreth American Corporation ("CAC") and
Compagnie Parisienne de Chauffage Urbain ("CPCU"). Lyonnaise owns 98% of the
outstanding voting stock of Elyo. Elyo directly owns 76.9% of the outstanding
voting stock of CAC, and may be deemed to own beneficially 89.6% of the
outstanding voting stock of CAC due to its ownership of stock in certain other
entities which are themselves owners of outstanding voting stock of CAC. CPCU is
a subsidiary of Elyo, which owns 64.5% of the outstanding voting stock of CPCU.
Elyo's address is 235 Avenue George Clemenceau, Nanterre 92000, France. CPCU's
address is 185 Rue de Bercy, Paris 75561, France. CAC's Federal E.D. No. is
51-0262996.
Note 2: Lyonnaise indirectly owns the Common Stock through its subsidiary,
Elyo which directly owns CAC and CPCU. The aggregate of 8,023,689 shares of
Common Stock beneficially owned indirectly by Lyonnaise, includes 1,515,745
shares beneficially owned indirectly by CAC and CPCU pursuant to the the terms
of the Stockholders' Agreement. According to the terms of the Stockholders'
Agreement, the Management Stockholders have agreed to vote all their shares of
Common Stock for election of directors in accordance with the instructions of
the majority of the Elyo Stockholder Group. At all annual or special meetings of
stockholders the Management Stockholders have also agreed to exercise their
voting rights in accordance with the instructions of the majority of the Elyo
Stockholder Group in connection with any (i) merger or consolidation of Trigen
or any subsidiary of Trigen, (ii) sale, lease or other disposition of
substantial assets of Trigen or any significant subsidiary, (iii) purchase,
lease, exchange or other acquisition of substantial assets, (iv) increase or
reduction of Trigen's authorized capital stock, or creation of additional
classes of stock, (v) modification of the Certificate of Incorporation or
By-laws of Trigen or (vi) dissolution or liquidation by Trigen. The obligations
of the Management Stockholders to exercise their voting rights pursuant to the
Stockholders' Agreement will terminate upon the earlier of (a) the termination
date of the Stockholders' Agreement and (b) the third anniversary of the
consummation of the public offering of the Common Stock.
SOCIETE LYONNAISE DES EAUX
By:/s/ Ray A. Mantle, Attorney-in-Fact* March 10, 1997
**(Signature of Reporting Person) Date
* See Power of Attorney filed on October 10, 1996 with Schedule 13D,
incorporated hereby by reference.
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
signed. If space provided is insufficient, see Instruction 6 for
procedure.
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