-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HM5jjCdmal8Eqo2MILiGKKNfVki4qVazyHJzU7k+mloxakGmnp2VuKm3KJGPeHs7 2KarYfazb41HryJLX+9ZDg== 0000950129-01-500853.txt : 20010516 0000950129-01-500853.hdr.sgml : 20010516 ACCESSION NUMBER: 0000950129-01-500853 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010515 GROUP MEMBERS: CORTEZ ENERGY SERVICES, LLC GROUP MEMBERS: EES WARRANT TRUST GROUP MEMBERS: ENRON CORP. GROUP MEMBERS: ENRON CORP/OR/ GROUP MEMBERS: ENRON ENERGY SERVICES, LLC GROUP MEMBERS: MCGARRET I, L.L.C. GROUP MEMBERS: MCGARRET II, L.L.C. GROUP MEMBERS: MCGARRET III, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NEWPOWER HOLDINGS INC CENTRAL INDEX KEY: 0001119307 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 522208601 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-59949 FILM NUMBER: 1640250 BUSINESS ADDRESS: STREET 1: NEWPOWER HOLDINGS, INC. STREET 2: ONE MANHATTANVILLE RD., 3RD FLOOR CITY: PURCHASE STATE: NY ZIP: 10577-2100 BUSINESS PHONE: 914-697-2444 MAIL ADDRESS: STREET 1: NEWPOWER HOLDINGS, INC. STREET 2: ONE MANHATTANVILLE RD., 3RD FLOOR CITY: PURCHASE STATE: NY ZIP: 10577-2100 FORMER COMPANY: FORMER CONFORMED NAME: TNPC INC DATE OF NAME CHANGE: 20000713 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ENRON CORP/OR/ CENTRAL INDEX KEY: 0001024401 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 470255140 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1400 SMITH ST CITY: HOUSTON STATE: TX ZIP: 77002-7369 BUSINESS PHONE: 7138536161 MAIL ADDRESS: STREET 1: 1400 SMITH ST CITY: HOUSTON STATE: TX ZIP: 77002-7369 FORMER COMPANY: FORMER CONFORMED NAME: ENRON OREGON CORP DATE OF NAME CHANGE: 19961008 SC 13G 1 h87336sc13g.txt ENRON CORP. FOR NEWPOWER HOLDINGS, INC. 1 Sch13G-v2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 NewPower Holdings, Inc. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share (Title of Class of Securities) 87260K 10 7 (CUSIP Number) December 31, 2000 - ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes). 2 CUSIP No. 87260K 10 7 13G Page 2 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) ENRON CORP. - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization OREGON - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 50,784,600 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power 5,000,000 Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 50,784,600 --------------------------------------------------- 8. Shared Dispositive Power 5,000,000 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 55,784,600 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) |X| - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 43.8% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO - ------------------------------------------------------------------------------- 3 CUSIP No. 87260K 10 7 13G Page 3 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) ENERON ENERGY SERVICES, LLC - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 50,784,600 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power 5,000,000 Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 50,784,600 --------------------------------------------------- 8. Shared Dispositive Power 5,000,000 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 55,784,600 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 43.8% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - LIMITED LIABILITY COMPANY - ------------------------------------------------------------------------------- 4 CUSIP No. 87260K 10 7 13G Page 4 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) CORTEZ ENERGY SERVICES, LLC - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares -0- ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power 5,000,000 Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: -0- --------------------------------------------------- 8. Shared Dispositive Power 5,000,000 - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 5,000,000 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 8.5% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - LIMITED LIABILITY COMPANY - ------------------------------------------------------------------------------- 5 CUSIP No. 87260K 10 7 13G Page 5 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) McGARRET I, L.L.C. - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 6,766,400 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power -0- Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 6,766,400 --------------------------------------------------- 8. Shared Dispositive Power -0- - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 6,766,400 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 10.4% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - LIMITED LIABILITY COMPANY - ------------------------------------------------------------------------------- 6 CUSIP No. 87260K 10 7 13G Page 6 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) McGARRET II, L.L.C. - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 8,458,200 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power -0- Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 8,458,200 --------------------------------------------------- 8. Shared Dispositive Power -0- - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 8,458,200 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 12.7% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - LIMITED LIABILITY COMPANY - ------------------------------------------------------------------------------- 7 CUSIP No. 87260K 10 7 13G Page 7 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) McgARRET III, L.L.C. - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 2,791,800 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power -0- Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 2,791,800 --------------------------------------------------- 8. Shared Dispositive Power -0- - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,791,800 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 4.6% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - LIMITED LIABILITY COMPANY - ------------------------------------------------------------------------------- 8 CUSIP No. 87260K 10 7 13G Page 8 of 13 pages - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only) EES WARRANT TRUST - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) |_| (b) |_| - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. Citizenship or Place of Organization DELAWARE - ------------------------------------------------------------------------------- 5. Sole Voting Power Number of Shares 24,117,800 ---------------------------------------------------- Beneficially Owned by 6. Shared Voting Power -0- Each Reporting Person ---------------------------------------------------- 7. Sole Dispositive Power With: 24,117,800 --------------------------------------------------- 8. Shared Dispositive Power -0- - ------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 24,117,800 - ------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) | | - ------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 29.3% - ------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) OO - TRUST - ------------------------------------------------------------------------------- 9 CUSIP No. 87260K 10 7 13G Page 9 of 13 pages - ------------------------------------------------------------------------------- SCHEDULE 13G ITEM 1. (A) Name of Issuer: NewPower Holdings, Inc. (B) Address of Issuer's Principal Executive Offices: One Manhattanville Road Purchase, New York 10577 ITEM 2. (A) Name of Person Filing: 1. Enron Corp. 2. Enron Energy Services, LLC 3. Cortez Energy Services, LLC 4. McGarret I, L.L.C. 5. McGarret II, L.L.C. 6. McGarret III, L.L.C. 7. EES Warrant Trust (B) Address of Principal Business Office or, if none, Residence: The address of the principal business office of each reporting person is: 1400 Smith Street Houston, Texas 77002 (C) Citizenship: 1. Oregon 2. Delaware 3. Delaware 4. Delaware 5. Delaware 6. Delaware 7. Delaware 10 CUSIP No. 87260K 10 7 13G Page 10 of 13 pages - ------------------------------------------------------------------------------- (D) Title of Class of Securities: Common Stock, par value $.01 per share (E) CUSIP Number 87260K 10 7 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) |_| Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) |_| Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) |_| Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) |_| An investment adviser in accordance with ss.240.13d-1(b) (1)(ii)(E); (f) |_| An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F); (g) |_| A parent holding company or control person in accordance with ss.240.13d-1(b)(1)(ii)(G); (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) |_| A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) |_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(J). ITEM 4. OWNERSHIP. Please see the cover pages to this Schedule 13G for the requested ownership information of each reporting person. The Common Stock reflected as owned by Enron includes 5,000,000 shares of Common Stock owned by Cortez Energy Services, LLC. Pursuant to the terms of the Contribution and Subscription Agreement executed in connection with NewPower Holding's initial private placement, immediately upon receipt of the shares of Common Stock issued to Enron Energy Services, LLC, currently a wholly-owned subsidiary of Enron, in that transaction, Enron Energy Services contributed 5,000,000 of those shares of Common Stock to Cortez. Cortez Energy Services, LLC is a limited liability company with Enron Energy Services as its managing member and LJM2 Co-Investment, L.P. as its only other member. The general partner of LJM2 Co-Investment, L.P. is LJM2 Capital Management, L.P., whose general partner is LJM2 Capital Management, LLC, whose managing member is Mr. Andrew S. Fastow. Mr. Fastow is Executive Vice President and Chief Financial Officer of Enron. LJM2 Co-Investment, L.P. is also the managing member of LJM2-TNPC, LLC. As a result of Mr. Fastow's positions at LJM2 Capital Management, 11 CUSIP No. 87260K 10 7 13G Page 11 of 13 pages - ------------------------------------------------------------------------------- LLC and Enron, Enron may be deemed to beneficially own the LJM2-TNPC member interests held by LJM2 Co-Investment, L.P., and thus the shares of Common Stock that LJM2-TNPC may acquire upon exercise of its Class A warrants. Enron disclaims beneficial ownership of the shares of Common Stock held by LJM2-TNPC. The Class A warrants reflected as owned by Enron include 6,766,400 Class A warrants that have been transferred by Enron Energy Services to McGarret I, L.L.C., 8,458,200 Class A warrants that have been transferred by Enron Energy Services to McGarret II, L.L.C. and 2,791,800 Class A warrants that have been transferred by Enron Energy Services to McGarret III, L.L.C. Enron Energy Services is the sole managing member of these entities. The Class A warrants reflected as owned by Enron also include 24,117,800 Class A warrants that have been transferred by Enron Energy Services to EES Warrant Trust. Enron and Enron Energy Services have voting and dispositive power over the Class A warrants held by EES Warrant Trust. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |_|. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON. Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATIONS. Not applicable. 12 CUSIP No. 87260K 10 7 13G Page 12 of 13 pages - ------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: May 14, 2001 ENRON CORP. By: /s/ ROBERT H. BUTTS ------------------------------------------- Name: Robert H. Butts Title: Managing Director and Controller ENRON ENERGY SERVICES, LLC By: /s/ MARK S. MULLER ------------------------------------------- Name: Mark S. Muller Title: President, New Business Ventures CORTEZ ENERGY SERVICES, LLC By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------------- Name: Mark S. Muller Title: President, New Business Ventures MCGARRET I, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------------- Name: Mark S. Muller Title: President, New Business Ventures 13 CUSIP No. 87260K 10 7 13G Page 13 of 13 pages - ------------------------------------------------------------------------------- MCGARRET II, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------------- Name: Mark S. Muller Title: President, New Business Ventures MCGARRET III, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------------- Name: Mark S. Muller Title: President, New Business Ventures EES WARRANT TRUST By: Wilmington Trust Company, Not in its individual capacity but solely as Trustee By: /s/ ANN E. ROBERTS ---------------------------------- Name: Ann E. Roberts Title: Assistant Vice President 14 EXHIBIT INDEX Exhibit A -- Joint Filing Agreement EX-99.A 2 h87336ex99-a.txt JOINT FILING AGREEMENT 1 EXHIBIT A JOINT FILING AGREEMENT The undersigned each agree that (i) the statement on Schedule 13G relating to the common stock, par value $0.01 per share, of NewPower Holdings, Inc. has been adopted and filed on behalf of each of them, (ii) all future amendments to such statement on Schedule 13G will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them, and (iii) the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 apply to each of them. This agreement may be terminated with respect to the obligation to jointly file future amendments to such statement on Schedule 13G as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof. EXECUTED as of May 14, 2001 ENRON CORP. By: /s/ ROBERT H. BUTTS ------------------------------------- Name: Robert H. Butts Title: Managing Director, and Controller ENRON ENERGY SERVICES, LLC By: /s/ MARK S. MULLER ------------------------------------- Name: Mark S. Muller Title: President, New Business Ventures CORTEZ ENERGY SERVICES, LLC By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------- Name: Mark S. Muller Title: President, New Business Ventures 2 MCGARRET I, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------- Name: Mark S. Muller Title: President, New Business Ventures MCGARRET II, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------- Name: Mark S. Muller Title: President, New Business Ventures MCGARRET III, L.L.C. By: Enron Energy Services, LLC, its Managing Member By: /s/ MARK S. MULLER ---------------------------- Name: Mark S. Muller Title: President, New Business Ventures EES WARRANT TRUST By: Wilmington Trust Company, Not in its individual capacity, but solely as Trustee By: /s/ ANN E. ROBERTS ---------------------------- Name: Ann E. Roberts Title: Assistant Vice President -----END PRIVACY-ENHANCED MESSAGE-----