EX-25.1 6 b82633exv25w1.htm EX-25.1 exv25w1
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY UNDER THE TRUST
INDENTURE ACT OF 1939 OF A CORPORATION
DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A
TRUSTEE PURSUANT TO SECTION 305(b)(2) [ ]
 
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
N/A
(Jurisdiction of incorporation
if not a U.S. national bank) 		  95-3571558
(I.R.S. Employer
Identification No.)
     
700 South Flower Street, Suite 500
Los Angeles, California
(Address of principal executive offices) 		  90017
(Zip code)
Legal Department
The Bank of New York Mellon Trust Company, N.A.
One Wall Street, 15th Floor
New York, NY 10286
(212) 635-1270
(Name, address and telephone number of agent for service)
NEVADA POWER COMPANY
d/b/a NV ENERGY
(Exact name of obligor as specified in its charter)
(See table of additional obligors on following page)
     
Nevada
(State or other jurisdiction
of incorporation or organization) 		  88-0420104
(I.R.S. Employer
Identification No.)
     
6226 West Sahara Avenue
Las Vegas, Nevada
(Address of principal executive offices) 		  89146
(Zip code)
 
5.375% General and Refunding Mortgage Notes,
Series X, due 2040
(Title of the indenture securities)
 
 
 

 

 

Item 1. General information.
      Furnish the following information as to the trustee:
  (a)   Name and address of each examining or supervising authority to which it is subject.
     
Name   Address
Comptroller of the Currency — United States Department of the Treasury
  Washington, D.C. 20219
 
Federal Reserve Bank
  San Francisco, California 94105
 
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (b)   Whether it is authorized to exercise corporate trust powers.
 
      Yes.
Item 2. Affiliations with Obligor.
 
    If the obligor is an affiliate of the trustee, describe each such affiliation.
 
    None.
 
Item 16. List of Exhibits.
     Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
  1.   A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006)
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed January 11, 2005 in connection with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006).
 
  6.   The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006).
 
  7.   A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.
 
  8.   Not applicable.
 
  9.   Not applicable.

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SIGNATURE
Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, and State of California, on the 10th day of September, 2010.
         
  THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
 		  
  By:   /s/ Raymond Torres    
    Name:   Raymond Torres   
    Title:   Senior Associate   

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017
     At the close of business June 30, 2010, published in accordance with Federal regulatory authority instructions.
         
    Dollar Amounts  
    in Thousands  
ASSETS
        
 
Cash and balances due from depository institutions:
        
Noninterest-bearing balances and currency and coin
     3,097  
Interest-bearing balances
     1,319  
Securities:
        
Held-to-maturity securities
     12  
Available-for-sale securities
     647,932  
Federal funds sold and securities purchased under agreements to resell:
        
Federal funds sold
     112,000  
Securities purchased under agreements to resell
     0  
Loans and lease financing receivables:
        
Loans and leases held for sale
     0  
Loans and leases, net of unearned income
     0  
LESS: Allowance for loan and lease losses
     0  
Loans and leases, net of unearned income and allowance
     0  
Trading assets
     0  
Premises and fixed assets (including capitalized leases)
     10,065  
Other real estate owned
     0  
Investments in unconsolidated subsidiaries and associated companies
     1  
Direct and indirect investments in real estate ventures
     0  
Not applicable
        
Intangible assets:
        
Goodwill
     856,313  
Other Intangible Assets
     230,506  
Other assets
     161,731  
 
      
Total assets
   $ 2,022,976  
 
      

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    Dollar Amounts  
    in Thousands  
LIABILITIES
        
 
Deposits:
        
In domestic offices
     559  
Noninterest-bearing
     559  
Interest-bearing
     0  
Not applicable
        
Federal funds purchased and securities sold under agreements to repurchase:
        
Federal funds purchased
     0  
Securities sold under agreements to repurchase
     0  
Trading liabilities
     0  
Other borrowed money:
        
(includes mortgage indebtedness and obligations under capitalized leases)
     268,691  
Not applicable
        
Not applicable
        
Subordinated notes and debentures
     0  
Other liabilities
     216,295  
Total liabilities
     485,545  
Minority interest in consolidated subsidiaries
     0  
 
        
EQUITY CAPITAL
        
 
        
Perpetual preferred stock and related surplus
     0  
Common stock
     1,000  
Surplus (exclude all surplus related to preferred stock)
     1,121,520  
Retained earnings
     412,936  
Accumulated other comprehensive income
     1,975  
Other equity capital components
     0  
 
      
Total equity capital
     1,537,431  
 
      
Total liabilities and equity capital (sum of items 21 and 28)
     2,022,976  
 
      

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      I, Karen Bayz, Vice President of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.
     Karen Bayz           )           Vice President
     We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.
             
 
Michael K. Klugman, President
  )      
 
Frank P. Sulzberger, MD
  )   Directors (Trustees)  
 
William D. Lindelof, VP
  )      

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