U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 12b-25
NOTIFICATION OF LATE FILING
SEC File Number 1-13739
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F
[ ] Form 11-K [x] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: March 31, 1999
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
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Read Attached Instruction Sheet Before Preparing Form.
Please Print or Type.
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
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If the notification relates to a portion of the filing
checked above, identify the Item(s) to which the notification
relates:
This notification relates to certain financial information
for New Energy Ventures, Inc.("NEV"), an affiliate which is
not consolidated and which is owned 50 percent by the Registrant,
to be included in Note 3 - Unregulated Energy Businesses of
Item 1 - Financial Statements. The Registrant is required to
include such financial information for NEV in the footnotes to
the condensed consolidated financial statements pursuant to
Regulation S-X, 210.10-01(b).
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Part I - Registrant Information
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Full Name of Registrant: UniSource Energy Corporation
Former Name If Applicable: N/A
220 West Sixth Street, Tucson, Arizona 85701
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Address of Principal Executive Office (Street and
Number), City, State and Zip Code
<PAGE>
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Part II - Rules 12b-25 (b) and (c)
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If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box if
appropriate)
[x] (a) The reasons described in reasonable detail in Part III
of this form could not be eliminated without unreasonable effort
or expense;
[x] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or
portion thereof will be filed on or before the fifteenth calendar
day following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, or portion thereof will
be filed on or before the fifth calendar day following the
prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required
by Rule 12b-25(c) has been attached if applicable.
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Part III - Narrative
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State below in reasonable detail the reasons why Form 10-K and 10-
KSB, 20-F, 11-K, 10-Q and 10-QSB, N-SAR, or the transition report
or portion thereof could not be filed within the prescribed
period.
(Attach Extra Sheets if Needed)
Information necessary to complete the financial
information of NEV is being finalized. The inability to
file timely cannot be eliminated by the Registrant since the
Registrant does not control the preparation of such
financial information.
See attached Exhibit letter from NEV.
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Part IV - Other Information
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(1) Name and telephone number of person to contact in regard
to this notification
Ira R. Adler (520) 884-3703
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(Name) (Area Code) (Telephone Number)
<PAGE>
(2) Have all other periodic reports required under section 13
or 15(d) of the Securities Exchange Act of 1934 or section 30 of
the Investment Company Act of 1940 during the preceding 12 months
or for such shorter period that the registrant was required to
file such report(s) been filed? If the answer is no, identify
report(s).
[x] Yes No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in
the subject report or portion thereof?
[ ] Yes [x] No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
UniSource Energy Corporation
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: May 18, 1999 By: /s/ Ira R. Adler
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Name: Ira R. Adler
Title: Executive Vice President and
Principal Financial Officer
INSTRUCTION: The form may be signed by an executive officer of
the registrant or by any other duly authorized representative.
The name and title of the person signing the form shall be typed
or printed beneath the signature. If the statement is signed on
behalf of the registrant by an authorized representative (other
than an executive officer), evidence of the representative's
authority to sign on behalf of the registrant shall be filed with
the form.
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ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
Exhibit 99
May 17, 1999
Securities and Exchange Commission
500 N. Capitol Street, N. W.
Washington, D. C. 20549
Ladies and Gentlemen:
New Energy Ventures, Inc. (NEV) has informed UniSource
Energy Corporation (UniSource Energy) that NEV is presently
unable to provide to UniSource Energy Corporation NEV's
summarized financial information at March 31, 1999 and for
the quarter then ended by May 17, 1999.
I have informed UniSource Energy that certain information
related to the adoption of EITF 98-10 needed to finalize our
financial statements is not yet available. I expect such
information to be available in time to provide to UniSource
Energy NEV's summarized financial information so that
UniSource Energy can complete its Form 10-Q by the filing
extension deadline provided by Form 12b-25.
Sincerely,
/s/ Charles A. Smart
Charles A. Smart
Vice President and Treasurer
for New Energy Ventures, Inc.
