SC 13D/A 1 l88337asc13da.txt CINERGY CORP./U.S. ENERGY SYSTEMS, INC. SC 13D/A 1 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) U.S. ENERGY SYSTEMS, INC. (Name of Issuer) Common Stock (Title of Class of Securities) 902 951 102 (CUSIP Number) Mr. Wayne A. Harris Senior Counsel Cinergy Services, Inc. 139 East Fourth Street Cincinnati, Ohio 45202 513-287-3020 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 10, 2001 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. (Continued on following pages) (Page 1 of 13 Pages) ================================================================================ 2
------------------------------------------------ -------------------------------------------- CUSIP No. 902951102 13D Page 2 of 13 Pages ------------------------------------------------ -------------------------------------------- ------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CINERGY ENERGY SOLUTIONS, INC., 139 EAST FOURTH STREET, CINCINNATI, OHIO 45202 ------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] NOT APPLICABLE ------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY ------------------------------------------------------------------------------------------------------------------ 4 SOURCE OF FUNDS AF ------------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] NOT APPLICABLE ------------------------------------------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,967,000 SHARES SHARES ------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY NOT APPLICABLE OWNED BY ------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH 1,967,000 SHARES REPORTING ------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON WITH NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,967,000 SHARES ------------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] NOT APPLICABLE ------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 20.0% ------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO ------------------------------------------------------------------------------------------------------------------
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------------------------------------------------ ---------------------------------------------- CUSIP No. 902951102 13D Page 3 of 13 Pages ------------------------------------------------ ---------------------------------------------- -------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CINERGY SOLUTIONS, INC., 139 EAST FOURTH STREET, CINCINNATI, OHIO 45202 -------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 2,550,333 SHARES SHARES ------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY NOT APPLICABLE OWNED BY ------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH 2,550,333 SHARES REPORTING ------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON WITH NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,333 SHARES; CINERGY ENERGY SOLUTIONS, INC. IS A WHOLLY OWNED SUBSIDIARY OF CINERGY SOLUTIONS, INC. -------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% -------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO --------------------------------------------------------------------------------------------------------------------
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------------------------------------------------ ---------------------------------------------- CUSIP No. 902951102 13D Page 4 of 13 Pages ------------------------------------------------ ---------------------------------------------- -------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CINERGY CORP., 139 EAST FOURTH STREET, CINCINNATI, OHIO 45202 -------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ] NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE -------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 2,550,333 SHARES SHARES ------------------------------------------------------------------------------------------- 8 SHARED VOTING POWER BENEFICIALLY NOT APPLICABLE OWNED BY ------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER EACH 2,550,333 SHARES REPORTING ------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER PERSON WITH NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,550,333 SHARES HELD INDIRECTLY THROUGH ITS INTERESTS IN ITS AFFILIATES, CINERGY ENERGY SOLUTIONS, INC., AND CINERGY SOLUTIONS, INC., BOTH WHOLLY OWNED INDIRECT SUBSIDIARIES OF CINERGY CORP. -------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] NOT APPLICABLE -------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 27.6% -------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO --------------------------------------------------------------------------------------------------------------------
5 ------------------------------- ------------------------------ CUSIP No. 902951102 13D Page 5 of 13 Pages ------------------------------- ------------------------------ ITEM 1. SECURITY AND ISSUER. Item 1. is amended to read as follows: Title of Class of Securities: Common Stock, $0.01 par value per share Name of Issuer: U.S. Energy Systems, Inc. Address of Issuer's Principal Executive Offices: One North Lexington Avenue, White Plains, NY 10601 ITEM 2. IDENTITY AND BACKGROUND. Item 2. is amended to read as follows: This Schedule 13D is being filed by Cinergy Energy Solutions, Inc. ("Cinergy Energy"), Cinergy Solutions, Inc. ("Cinergy Solutions") and Cinergy Corp. ("Cinergy"), with Cinergy Energy, Cinergy Solutions and Cinergy being referred to sometimes hereinafter as the "Reporting Persons." This Amendment No. 1 to Schedule 13D dated May 14, 2001, amends and supplements the Schedule 13D dated October 23, 2000 and is filed to reflect information required under Rule 13d-2 under the Securities and Exchange Act, as amended, with respect to the beneficial ownership of the Reporting Persons. This Schedule 13D relates to the shares of Common Stock, $0.01 par value per share, of U.S. Energy Systems, Inc. ("U.S. Energy Systems"), a corporation incorporated under the laws of the State of Delaware, with its principal executive offices located at One North Lexington Avenue, White Plains, NY 10601. Cinergy is a corporation incorporated under the laws of the State of Delaware. Cinergy is a utility holding company which, along with its subsidiaries, is engaged primarily in the generation, transmission, distribution and sale of electricity and the sale and transportation of natural gas in Indiana, Kentucky and Ohio. Cinergy's Common Stock is listed for trading on the New York Stock Exchange. Cinergy's principal address and business address is 139 East Fourth Street, Cincinnati, Ohio 45202. Cinergy Energy is a corporation incorporated under the laws of the State of Delaware. Cinergy Energy is engaged primarily in cogeneration projects. Cinergy Energy's principal address and business address is 139 East Fourth Street, Cincinnati, Ohio 45202. Cinergy Energy is an indirect wholly-owned subsidiary of Cinergy and a direct subsidiary of Cinergy Solutions. Cinergy Solutions is a corporation incorporated under the laws of the State of Delaware. Cinergy Solutions is engaged primarily in cogeneration and energy outsourcing for industrial customers. Cinergy Solution's principal address and business address is 139 East Fourth Street, Cincinnati, Ohio 45202. Cinergy Solutions is an indirect wholly-owned subsidiary of Cinergy. The name, citizenship, present position with the Reporting Persons, present principal occupation and business address of each of the directors and executive officers of the Reporting Persons are set forth in Schedule A hereto, which exhibit is hereby incorporated by reference into this Schedule 13D. None of the persons listed in Schedule A has any direct or indirect interest in U.S. Energy Systems as of the date of this Schedule 13D. None of the Reporting Persons or the persons listed in Schedule A has during the last five years been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activity subject to, United States federal or state securities laws or finding any violation with respect to such laws as a result of a civil proceeding of a judicial or administrative body of competent jurisdiction. 6 ------------------------------ -------------------------------- CUSIP No. 902951102 13D Page 6 of 13 Pages ------------------------------ -------------------------------- ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Item 3. is amended by adding the following paragraph: The total amount of funds used by Cinergy Energy to obtain an option to exchange its Class B common shares in Zahren Alternative Power Corporation ("Zapco") into 1,967,000 shares of Common Stock of U.S. Energy Systems is $11.5 million. Cinergy Energy obtained such funds from its affiliate, Cinergy Investments, Inc. ITEM 4. PURPOSE OF TRANSACTION. Item 4. is amended so that all references therein to Cinergy Solutions shall include also Cinergy Energy. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5. Is amended to read as follows: (a) Cinergy Solutions owns 583,333 shares of the Common Stock of U.S. Energy Systems, Inc., representing approximately 7.6% of the outstanding shares of Common Stock of U.S. Energy Systems (calculated based upon 7,695,558 shares of Common Stock reported as outstanding as of December 31, 2000 as reported on April 4, 2001 by U.S. Energy Systems in its report on Form 10-KSB filed with the Securities and Exchange Commission for its fiscal year ended December 31, 2000). Cinergy does not directly own any shares of Common Stock of U.S. Energy Systems, but may be deemed to beneficially own the shares of Common Stock of U.S. Energy Systems held by Cinergy Solutions and the option to acquire 1,967,000 shares of the Common Stock of U.S. Energy Systems, Inc. in the event that Cinergy Energy exercises its option to exchange its shares of the Class B Common Stock of Zapco for shares of U.S. Energy Systems, Inc. Based upon 7,695,558 shares of Common Stock reported as outstanding on December 31, 2000 as reported on April 4, 2001 by U.S. Energy Systems, Inc. in its report on Form 10-KSB filed with the Securities and Exchange Commission for its fiscal year ended December 31, 2000, Cinergy Energy, if it exercised its option, could own approximately 20.0% of the outstanding shares of U.S. Energy Systems, Inc. None of the persons listed in Schedule A has any direct or indirect interest in U.S. Energy Systems, Inc. as of the date of this Schedule 13D. (b) Cinergy Energy has the sole power to exercise the option to exchange its shares of the Class B Common Stock of Zapco for shares of U.S. Energy Systems, Inc. Cinergy Solutions has the power to direct the vote and the indirect power to direct the exercise by Cinergy Energy of the option to exchange its shares of the Class B Common Stock of Zapco for shares of U.S. Energy Systems, Inc. through its direct interest in Cinergy Energy. Cinergy Solutions has the sole power to direct the vote and sole power to direct the disposition of all the shares of Common Stock of U.S. Energy Systems held by it. Cinergy has the indirect power to direct the vote and the indirect power to direct the disposition of the shares of Common Stock of U.S. Energy Systems held by Cinergy Solutions through its indirect interest in Cinergy Solutions. Further, Cinergy indirectly has the power to direct the exercise by Cinergy Energy of the option to exchange its shares of the Class B Common Stock of Zapco for shares of U.S. Energy Systems, Inc. through its direct interest in Cinergy Energy. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Item 6. Is amended to read as follows: On May 10, 2001, Cinergy Energy Solutions, Inc. invested approximately $11.5 million in USE Acquisition Corp., a subsidiary of U.S. Energy Systems, Inc., immediately before USE Acquisition Corp. effected a merger between itself and Zahren Alternative Power Corporation ("Zapco") with Zapco being the surviving corporation. In consideration of this investment by Cinergy Energy Solutions, Inc., all of the shares of Class B Common Stock of USE Acquisition Corp. were issued to Cinergy Energy Solutions, Inc. Through the merger, the Class B Common Shares of USE Acquisition Corp. were exchanged for the identical number of Class B shares of Zapco. Accordingly, as a result of 7 ------------------------------- --------------------------- 13D Page 7 of 13 Pages CUSIP No. 902951102 ------------------------------- --------------------------- the merger and this investment, Cinergy Energy owns approximately 45.74% of the equity of Zapco and U.S. Energy Systems, Inc. owns approximately 54.26% of the equity of Zapco. Zapco is a developer, owner and operator of landfill gas and cogeneration projects in the United States. Cinergy Energy made its investment pursuant to a subscription agreement whereby Cinergy Energy agreed to buy from USE Acquisition Corp. immediately prior to the merger all 4,574 shares of USE Acquisition Corp. Class B Common Stock for $11,500,000 in cash. These shares represent 45.74% of USE Acquisition Corp.'s common stock. U.S. Energy Systems, Inc. holds all 5,426 shares of Class A Stock which represents the remaining 54.26% of USE Acquisition Corp.'s common stock. Upon completion of the merger, the Class A and Class B shares of USE Acquisition Corp. were converted into Class A and Class B shares of Zapco, respectively. As a result of this subscription, following the merger, U.S. Energy Systems, Inc. and Cinergy Energy are the sole shareholders of Zapco. The Class A Common Stock and Class B Common Stock are identical except that the Class A Common Stock has superior voting rights with the result that U.S. Energy Systems, Inc. can appoint four of five directors and generally hold 80% of the voting power (with exceptions for, among other things, matters outside of the ordinary course of business). Cinergy Energy received an option exercisable within two years after the merger to convert its Class B Stock into an aggregate of 1,967,000 shares of U.S. Energy Systems, Inc. Common Stock. During the same period U.S. Energy Systems, Inc. is entitled to acquire the Class B Stock from Cinergy Energy for approximately $14,600,000. In either event, U.S. Energy Systems, Inc. would own 100% of Zapco. Previously, in October 2000, Cinergy Solutions, Inc. invested $3.5 million in U.S. Energy Systems, Inc. in exchange for 583,333 shares of its common stock and a Cinergy Solutions, Inc. executive joined the U.S. Energy Systems, Inc. board. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Item 7. Is amended to add the following exhibits: The Joint Filing Statement adding Cinergy Energy as a Reporting Person , Subscription Agreement and amendment to the Subscription agreement are included as Exhibits 99.7, 99.8 and 99.9, respectively, and are hereby incorporated into this Schedule 13D by reference. 99.7 Joint Filing Statement 99.8 Subscription Agreement 99.9 Amendment No. 1 To Subscription Agreement By and Among U.S. Energy Systems, Inc., Use Acquisition Corp. and Cinergy Energy Solutions, Inc. 8 ------------------------------- --------------------------- CUSIP No. 902951102 13D Page 8 of 13 Pages ------------------------------- --------------------------- After reasonable inquiry and to the bet of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: May 14, 2001 CINERGY CORP. By: /s/ M. Stephen Harkness ----------------------- Name: M. Stephen Harkness Title: Vice President 9 ------------------------------- --------------------------- CUSIP No. 902951102 13D Page 9 of 13 Pages ------------------------------- --------------------------- SCHEDULE A ---------- CINERGY CORP. -------------
BUSINESS ADDRESS PRINCIPAL BUSINESS (OR RESIDENCE POSITION WITH ADDRESS IF NO CORPORATION; PRINCIPAL BUSINESS ADDRESS NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT AVAILABLE) ----------------- ------------------------ ---------- Jackson H. Randolph Director and Chairman Emeritus 139 East Fourth Street United States of America of Cinergy Corp. Cincinnati, Ohio 45202 James E. Rogers Director and Chairman of the 139 East Fourth Street United States of America Board, President and Chief Executive Cincinnati, Ohio 45202 Officer of Cinergy Corp. James K. Baker Director of Cinergy Corp.; 139 East Fourth Street United States of America retired Vice Chairman of Arvin Cincinnati, Ohio 45202 Industries, Inc. (worldwide supplier of automotive parts) Michael G. Browning Director of Cinergy Corp.; 139 East Fourth Street United States of America Chairman and President of Cincinnati, Ohio 45202 Browning Investments, Inc. (real estate venture firm) Phillip R. Cox Director of Cinergy Corp.; 139 East Fourth Street United States of America President and Chief Executive Cincinnati, Ohio 45202 Officer of Cox Financial Corporation (financial and estate planning services) John A. Hillenbrand II Director of Cinergy Corp.; 139 East Fourth Street United States of America Chairman, President and Chief Cincinnati, Ohio 45202 Executive Officer of Glynnadam, Inc. (personal investment holding company); Chairman of Able Body Corporation and Nambe' Mills, Inc.; Vice Chairman of Pri-Pak, Inc. George C. Julifs Director of Cinergy Corp.; 139 East Fourth Street United States of America President and Chief Executive Cincinnati, Ohio 45202 Officer of SENCORP (international holding company with subsidiaries that manufacture fastening systems and commercialize health care technologies)
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BUSINESS ADDRESS PRINCIPAL BUSINESS (OR RESIDENCE POSITION WITH ADDRESS IF NO CORPORATION; PRINCIPAL BUSINESS ADDRESS NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT AVAILABLE) ----------------- ------------------------ ---------- Thomas E. Petry Director of Cinergy Corp.; retired 139 East Fourth Street United States of America Chairman of the Board and Chief Cincinnati, Ohio 45202 Executive Officer of Eagle-Picher Industries, Inc. (diversified manufacturer of industrial and automotive products) Mary L. Schapiro Director of Cinergy Corp.; 139 East Fourth Street United States of America President of NASD Regulation, Cincinnati, Ohio 45202 Inc. (independent regulatory subsidiary of the NASD) John J. Schiff, Jr. Director of Cinergy Corp.; 139 East Fourth Street United States of America Chairman of the Board, President Cincinnati, Ohio 45202 and Chief Executive Officer of Cincinnati Financial Corporation (insurance holding company) and The Cincinnati Insurance Company Philip R. Sharp, Ph.D. Director of Cinergy Corp.; 139 East Fourth Street United States of America Lecturer in Public Policy at Cincinnati, Ohio 45202 Harvard University's John F. School of Government; Chairman of the Secretary's Electric System Reliability Task Force Dudley S. Taft Director of Cinergy Corp.; 139 East Fourth Street United States of America President and Chief Executive Cincinnati, Ohio 45202 Officer of Taft Broadcasting Company (media investment company) Oliver W. Waddell Director of Cinergy Corp.; retired 139 East Fourth Street United States of America Chairman of the Board of Star Cincinnati, Ohio 45202 Banc Corporation (now Firstar Corporation, a bank holding company) R. Foster Duncan ExecutiveVice President and Chief 139 East Fourth Street United States of America Financial Officer of Cinergy Corp. Cincinnati, Ohio 45202 Michael J. Cyrus Vice President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 John Bryant Vice President of Cinergy Corp. 139 East Fourth Street United Kingdom Cincinnati, Ohio 45202
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BUSINESS ADDRESS PRINCIPAL BUSINESS (OR RESIDENCE POSITION WITH ADDRESS IF NO CORPORATION; PRINCIPAL BUSINESS ADDRESS NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT AVAILABLE) ----------------- ------------------------ ---------- William J. Grealis Executive Vice President and 139 East Fourth Street United States of America Chief of Staff of Cinergy Corp. Cincinnati, Ohio 45202 J. Joseph Hale, Jr. Vice President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 M. Stephen Harkness Vice President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Donald B. Ingle, Jr. Vice President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Julie S. Janson Secretary of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Bernard F. Roberts Vice President and Comptroller 139 East Fourth Street United States of America of Cinergy Corp. Cincinnati, Ohio 45202 Lisa D. Gamblin Vice President and Treasurer 139 East Fourth Street United States of America of Cinergy Corp. Cincinnati, Ohio 45202 Larry E. Thomas Group President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 James L. Turner Vice President of Cinergy Corp. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Jerome A. Vennemann Vice President, General Counsel 139 East Fourth Street United States of America and Assistant Secretary of Cinergy Cincinnati, Ohio 45202 Corp.
CINERGY SOLUTIONS, INC. -----------------------
BUSINESS ADDRESS PRINCIPAL BUSINESS (OR RESIDENCE POSITION WITH ADDRESS IF NO CORPORATION; PRINCIPAL BUSINESS ADDRESS NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT AVAILABLE) ----------------- ------------------------ ---------- James E. Rogers Director of Cinergy Solutions, Inc. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Donald B. Ingle, Jr. Director and Chief Executive 139 East Fourth Street United States of America Officer of Cinergy Solutions, Inc.; Cincinnati, Ohio 45202
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Charles J. Winger Director and Vice President of 139 East Fourth Street United States of America Cinergy Solutions, Inc.; Vice Cincinnati, Ohio 45202 Felicia A. Ferguson Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 M. Stephen Harkness President and Chief Operating 139 East Fourth Street United States of America Officer of Cinergy Solutions, Inc. Cincinnati, Ohio 45202 Charles M. O'Donnell Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Donna L. Robichaud Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Jeremiah J. Sullivan Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Bernard F. Roberts Comptroller of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Lisa D. Gamblin Treasurer of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Jerome A. Vennemann Secretary of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Douglas C. Taylor Assistant Secretary 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Ronald J. Brothers Assistant Secretary 139 East Fourth Street United States of America Cincinnati, Ohio 45202
CINERGY ENERGY SOLUTIONS, INC. ------------------------------
BUSINESS ADDRESS PRINCIPAL BUSINESS (OR RESIDENCE POSITION WITH ADDRESS IF NO CORPORATION; PRINCIPAL BUSINESS ADDRESS NAME; CITIZENSHIP OCCUPATION, IF DIFFERENT AVAILABLE) ----------------- ------------------------ ---------- James E. Rogers Director of Cinergy Solutions, Inc. 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Donald B. Ingle, Jr. Director and Chief Executive 139 East Fourth Street United States of America Officer of Cinergy Solutions, Inc.; Cincinnati, Ohio 45202 Charles J. Winger Director and Vice President of 139 East Fourth Street United States of America Cinergy Solutions, Inc.; Vice Cincinnati, Ohio 45202 Felicia A. Ferguson Vice President of Cinergy 139 East Fourth Street
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United States of America Solutions, Inc. Cincinnati, Ohio 45202 M. Stephen Harkness President and Chief Operating 139 East Fourth Street United States of America Officer of Cinergy Solutions, Inc. Cincinnati, Ohio 45202 Charles M. O'Donnell Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Donna L. Robichaud Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Jeremiah J. Sullivan Vice President of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Bernard F. Roberts Comptroller of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Lisa D. Gamblin Treasurer of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Jerome A. Vennemann Secretary of Cinergy 139 East Fourth Street United States of America Solutions, Inc. Cincinnati, Ohio 45202 Douglas C. Taylor Assistant Secretary 139 East Fourth Street United States of America Cincinnati, Ohio 45202 Ronald J. Brothers Assistant Secretary 139 East Fourth Street United States of America Cincinnati, Ohio 45202