-----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, P9ayVHtZw6DCa+PhKTV0z2T1LUiKNLfi9fgiRzOnxXnzTVN1u3dn5qbJ7l7YGUv5 21vDPIqcfWEf1xRtdlrVVw== 0000950123-10-085997.txt : 20100914 0000950123-10-085997.hdr.sgml : 20100914 20100914143953 ACCESSION NUMBER: 0000950123-10-085997 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100914 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20100914 DATE AS OF CHANGE: 20100914 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEVADA POWER CO CENTRAL INDEX KEY: 0000071180 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880045330 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52378 FILM NUMBER: 101071220 BUSINESS ADDRESS: STREET 1: 6226 W SAHARA AVE CITY: LAS VEGAS STATE: NV ZIP: 89146 BUSINESS PHONE: 7023675000 MAIL ADDRESS: STREET 1: P O BOX 98910 CITY: LAS VEGAS STATE: NV ZIP: 89151 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NEVADA POWER CO DATE OF NAME CHANGE: 19701113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NV ENERGY, INC. CENTRAL INDEX KEY: 0000741508 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 880198358 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08788 FILM NUMBER: 101071219 BUSINESS ADDRESS: STREET 1: 6226 WEST SAHARA AVENUE CITY: LAS VEGAS STATE: NV ZIP: 89146 BUSINESS PHONE: 702-367-5000 MAIL ADDRESS: STREET 1: 6226 WEST SAHARA AVENUE CITY: LAS VEGAS STATE: NV ZIP: 89146 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA PACIFIC RESOURCES /NV/ DATE OF NAME CHANGE: 19920703 8-K 1 b82641e8vk.htm FORM 8-K e8vk
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported) September 14, 2010
         
Commission File
Number
  Registrant, State of Incorporation, Address of Principal Executive Offices and Telephone Number   I.R.S. employer Identification Number
 
        
1-08788
  NV ENERGY, INC.   88-0198358
 
  Nevada    
 
  6226 West Sahara Avenue    
 
  Las Vegas, Nevada 895146    
 
  (702) 402-5000    
 
        
2-28348
  NEVADA POWER COMPANY   88-0420104
 
  d/b/a NV Energy    
 
  Nevada    
 
  6226 West Sahara Avenue    
 
  Las Vegas, Nevada 895146    
 
  (702) 402-5000    
None
 
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 2.03 — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
     On September 14, 2010, Nevada Power Company d/b/a NV Energy (“Nevada Power”), a wholly-owned subsidiary of NV Energy, Inc., issued and sold $250 million of its 5.375% General and Refunding Mortgage Notes, Series X, Due 2040 (the “Series X Notes”). Nevada Power will pay interest on the Series X Notes on March 15 and September 15 of each year, beginning on March 15, 2011. The Series X Notes will mature on September 15, 2040. The Series X Notes were issued pursuant to a registration statement (No. 333-168984-02) previously filed with the Securities and Exchange Committee (“SEC”). Nevada Power filed a prospectus supplement with the SEC in connection with the issuance of the Series X Notes.
     The net proceeds from the issuance of the Series X Notes will be approximately $246.5 million, after deducting the underwriting discount and estimated expenses. Nevada Power intends to use approximately $230.6 million of the net proceeds from the sale of the Series X Notes to redeem (i) approximately $206 million aggregate amount of fixed rate unsecured tax-exempt local furnishing bonds and (ii) approximately $20 million aggregate amount of unsecured tax-exempt pollution control revenue bonds. The issuer intends to use the remaining net proceeds to repay amounts outstanding under its Revolving Credit Facility with Wells Fargo Bank, N.A.
     At any time prior to March 15, 2040, Nevada Power may redeem the Series X Notes at its option, either in whole or in part at a make-whole redemption price. At any time on or after March 15, 2040, Nevada Power may redeem the Series X Notes at its option, either in whole or in part, at a redemption price equal to 100% of the principal amount of the Series X Notes being redeemed. In each case, the redemption price will include accrued interest thereon to the date of redemption.

 

 

Signatures
     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have each duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.
         
  NV Energy, Inc.
(Registrant)
 		  
Date: September 14, 2010  By:   /s/ E. Kevin Bethel    
    E. Kevin Bethel   
    Chief Accounting Officer   
 
         
  Nevada Power Company
(Registrant)
 		  
Date: September 14, 2010  By:   /s/ E. Kevin Bethel    
    E. Kevin Bethel   
    Chief Accounting Officer   
 

 

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