0001029590-99-000075.txt : 19991201 0001029590-99-000075.hdr.sgml : 19991201 ACCESSION NUMBER: 0001029590-99-000075 CONFORMED SUBMISSION TYPE: U-9C-3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990930 FILED AS OF DATE: 19991130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONECTIV CENTRAL INDEX KEY: 0001029590 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 510377417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-9C-3 SEC ACT: SEC FILE NUMBER: 074-00033 FILM NUMBER: 99765986 BUSINESS ADDRESS: STREET 1: 800 KING STREET P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 BUSINESS PHONE: 3024293114 MAIL ADDRESS: STREET 1: 800 KING ST STREET 2: P O BOX 231 CITY: WILMINGTON STATE: DE ZIP: 19899 U-9C-3 1 As Filed with the Securities and Exchange Commission on November 30, 1999 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM U-9C-3 QUARTERLY REPORT PURSUANT TO RULE 58 OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 For the quarterly period ended September 30, 1999 Conectiv (Name of Registered Holding Company) 800 King Street Wilmington, DE 19899 (Address of Principal Executives Offices) Inquiries concerning this Form U-9C-3 may be directed to either: Peter F. Clark General Counsel Conectiv 800 King Street Wilmington, DE 19899 or Philip S. Reese Vice President and Treasurer Conectiv 800 King Street Wilmington, DE 19899 (302) 429-3884 2 Conectiv FORM U-9C-3 For the Quarter Ended September 30, 1999 Table of Contents Page Item 1. Organization Chart 1 Item 2. Issuance and Renewals of Securities and Capital Contributions 1 Item 3. Associated Transactions 1 Item 4. Summary of Aggregate Investment 2 Item 5. Other Investments 3 Item 6. Financial Statements and Exhibits 3 SIGNATURE 4 3 Item 1. - ORGANIZATION CHART Name of Energy or Gas Date of State of Percentage Nature of Reporting Company Related Organization Organization of Voting Business Company Securities Held None
Item 2. - ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS CAPITIAL CONTRIBUTIONS: Company Issuing Type of Security Principal Amount Person to Whom Security Issued of Security Security Was Issued None
Note: Petron Oil Corporation was merged into Conectiv Energy Supply as of 2/28/99 Item 3. - ASSOCIATED TRANSACTIONS Part I. - Transactions performed by reporting companies on behalf of associate companies. NONE 4 Part II - Transactions performed by associate companies on behalf of reporting companies. Associate Company Reporting Type of Services Direct Costs Total Amount Rendering Services Company Rendered Charged Billed Receiving Services Conectiv Resource Delmarva Operating Core Business Support * * Partners, Inc. Services Company Financial services, Legal, Marketing, Environmental, Executive Management Conectiv Resource Conectiv Energy Core Business Support * * Partners, Inc. Supply, Inc. Financial services, Legal, Marketing, Executive Management Conectiv Resource Delmarva Financial services, Partners, Inc. Services Executive Management, and Corporate Services Conectiv Resource Enerval Core Business Support * * Partners, Inc. Financial Services * Confidential Treatment Requested
Note: Petron Oil Corporation was merged into Conectiv Energy Supply as of 2/28/99 5 Item 4. - SUMMARY OF AGGREGATE INVESTMENT Investments in energy-related companies (in thousands): Total consolidated capitalization as of September 30, 1999 $3,410,859 Line 1 Total capitalization multiplied by 15% (Line 1 multiplied by 0.15) $511,629 Line 2 Greater of $50 million or line 2 $511,629 Line 3 Total current aggregate investment: (categorized by major line of energy-related business) Energy-related business Category - Rule 58(b)(1)(v) * Total current aggregate investment * Line 4 Difference between the greater of $50 million or 15% of Capitalization and the total aggregate investment of the Registered holding company system (line 3 less line 4) ** Line 5 * Confidential Treatment Requested ** Effective August 10, 1999 indirect ownership of EnerTech Capital Partner, L.P. ("EnerTech") was transferred to Conectiv Solutions LLC pursuant to an order dated August 10, 1999. EnerTech no longer derives predominantly all revenues from investments in companies engaged in electric technologies and will no longer be considered a Rule 58 company. Investments in gas-related companies: NONE Item 5. - OTHER INVESTMENTS Major Line of Energy- Other Investment in Other Investment In Reason for Difference Related Business Last U-9C-3 Report this U-9C-3 Report in Other Investment NONE
6 Item 6. - FINANCIAL STATEMENTS AND EXHIBITS A. Financial Statements: Exhibit A-1. Financial statements of Conectiv (incorporated by reference to the filing by Conectiv on Form 10-K for the period ended September 30, 1999.) B. Exhibits: Exhibit B-2. Certificate of Conectiv. 7 SIGNATURE The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935. Conectiv By:/s/Philip S. Reese Philip S. Reese Vice President and Treasurer November 30, 1999 EX-1 2 Certificate I hereby certify that the Form U-9c-3 for Conectiv for the previous quarter has been provided to the state commissions listed below: Delaware Public Service Commission 861 Silver Lake Boulevard Cannon Building, Suite 100 Dover, De 19904 Maryland Public Service Commission 6 St. Paul Centre, 16th Floor Baltimore, MD 21202 Virginia State Corporate Commission 1300 E. Main Street Tyler Building Richmond, VA 23219 New Jersey Board of Public Utilities Two Gateway Center Newark, NJ 07102 CONECTIV BY: /s/Philip S. Reese Philip S. Reese Vice President and Treasurer Dated: November 30, 1999