[Federal Register Volume 59, Number 11 (Tuesday, January 18, 1994)] [Unknown Section] [Page 0] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 94-1184] [[Page Unknown]] [Federal Register: January 18, 1994] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 35-25972] Filings Under the Public Utility Holding Company Act of 1935 (``Act'') January 12, 1994. Notice is hereby given that the following filing(s) has/have been made with the Commission pursuant to provisions of the Act and rules promulgated thereunder. All interested persons are referred to the application(s) and/or declaration(s) for complete statements of the proposed transaction(s) summarized below. The application(s) and/or declaration(s) and any amendments thereto is/are available for public inspection through the Commission's Office of Public Reference. Interested persons wishing to comment or request a hearing on the application(s) and/or declaration(s) should submit their views in writing by January 31, 1994, to the Secretary, Securities and Exchange Commission, Washington, DC 20549, and serve a copy on the relevant applicant(s) and/or declarant(s) at the address(es) specified below. Proof of service (by affidavit or, in case of an attorney at law, by certificate) should be filed with the request. Any request for hearing shall identify specifically the issues of fact or law that are disputed. A person who so requests will be notified of any hearing, if ordered, and will receive a copy of any notice or order issued in the matter. After said date, the application(s) and/or declaration(s), as filed or as amended, may be granted and/or permitted to become effective. General Public Utilities Corporation, et al. (70-8315) General Public Utilities Corporation (``GPU''), 100 Interpace Parkway, Parsippany, New Jersey 07054, a registered holding company, and its wholly owned non-utility subsidiary company, Energy Initiatives, Inc. (``EII'') (collectively, ``Applicants''), One Upper Pond Road, Parsippany, New Jersey 07074, have filed an application- declaration under sections 6, 7, 9, 10, 12(b), and 32 of the Act and Rules 45 and 53 thereunder. The Commission issued a notice of the filing on January 7, 1994 (HCAR No. 25971) (``January 7th Notice''). In the January 7th notice, EII proposed to acquire a limited partnership interest for $11.5 million in a Canadian limited partnership (``Partnership'') being formed to develop, construct, own and operate a 22.5 megawatt wood and oil fired cogeneration facility in Brooklyn, Nova Scotia, Canada (``Project''). Applicants anticipated that the Project would quality as an exempt wholesale generator as defined by section 32(a)(1) of the Act. EII proposed to secure its equity contribution to the Partnership through an irrevocable letter of credit for $11.5 million with GPU unconditionally guaranteeing EII's obligations. Alternatively, should the Partnership elect to borrow $11.5 million from lending institutions to provide a portion of the construction financing, GPU proposed to guarantee unconditionally EII's repayment obligations. Applicants now propose that GPU make a capital contribution to EII of up to $11.5 million. EII proposes to use such funds to acquire its interest in the Partnership. For the Commission, by the Division of Investment Management, pursuant to delegated authority. Margaret H. McFarland, Deputy Secretary. [FR Doc. 94-1184 Filed 1-13-94; 8:45 am] BILLING CODE 8010-01-M