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 (Date of earliest event reported): June 9, 1998
Commission Exact Name Of Registrant As IRS Employer
File Number Specified In Its Charter Identification No.
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1-12459 MidAmerican Energy Holdings Company 42-1451822
(An Iowa Corporation)
1-11505 MidAmerican Energy Company 42-1425214
(An Iowa Corporation)
666 Grand Avenue, P. O. Box 657, Des Moines, Iowa 50303-0657
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 515/242-4300
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Item 5. OTHER EVENTS.
MidAmerican Energy Company, a public utility company and wholly owned
subsidiary of MidAmerican Energy Holdings Company, announced on June 9, 1998
that it's Louisa Energy Center, a 700 MW coal-fired electric generating plant
was shut down Wednesday, May 27, when a generator step-up transformer failed.
Arrangements for an interim replacement transformer have been made with expected
return to service in early July. A copy of MidAmerican's press release is
attached to this report.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
Press Release of MidAmerican Energy Company dated June 9, 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.
MIDAMERICAN ENERGY HOLDINGS COMPANY
MIDAMERICAN ENERGY COMPANY
/s/ Paul J. Leighton
Paul J. Leighton
Vice President and Corporate Secretary
June 9, 1998
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FOR IMMEDIATE RELEASE
June 9, 1998
Tim Grabinski at 515-281-2343
([email protected])
MidAmerican Energy Company's Louisa Energy Center, a 700 MW coal-fired electric
generating plant located near Muscatine, Iowa, was shut down May 27, when a
generator step-up transformer failed.
Arrangements for an interim replacement transformer have been made. It is
expected that in early July, Louisa will return to service with an output of
approximately 600 MW, due to the smaller size of the replacement transformer.
An inspection of the failed transformer indicated that it could be repaired. The
company anticipates that the repaired transformer will be re-installed by the
spring of 1999. The company is currently evaluating the costs of the Louisa
outage.
MidAmerican expects that electric service to its customers, and the price of
electricity paid by Iowa customers, will not be affected. During the outage, the
company intends to supply its customers with electricity from its other
generating resources as well as from purchases, when necessary, in the wholesale
electric market.
MidAmerican Energy Holdings Company, headquartered in Des Moines, Iowa, includes
MidAmerican Energy, Iowa's largest energy company. MidAmerican Energy serves
648,000 electric customers and 619,000 natural gas customers in Iowa, Illinois,
Nebraska and South Dakota. MidAmerican's common stock is traded on the New York
Stock Exchange under the symbol MEC. Information is available on the Internet at
http://www.midamerican.com.
