-----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, KltgN90tF6cTXTptwGQ1PKW6xcgyfcUfN7d6bvk4IC4UqT1RTizngnAsCY6i+Tji wsK0fNdZrXEUgQU2wAlGpw== 0000950135-09-000225.txt : 20090112 0000950135-09-000225.hdr.sgml : 20090112 20090112172313 ACCESSION NUMBER: 0000950135-09-000225 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090105 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events FILED AS OF DATE: 20090112 DATE AS OF CHANGE: 20090112 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: 09522420 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: 09522419 BUSINESS ADDRESS: STREET 1: PO BOX 30150 STREET 2: 6100 NEIL RD CITY: RENO STATE: NV ZIP: 89511 BUSINESS PHONE: 7758344011 MAIL ADDRESS: STREET 1: P O BOX 30150 STREET 2: 6100 NEIL ROAD CITY: RENO STATE: NV ZIP: 89511 FORMER COMPANY: FORMER CONFORMED NAME: SIERRA PACIFIC RESOURCES /NV/ DATE OF NAME CHANGE: 19920703 8-K 1 b73654nve8vk.htm NV ENERGY INC. 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) January 5, 2009
         
Commission File   Registrant, State of Incorporation, Address of   I.R.S. employer
Number   Principal Executive Offices and Telephone   Identification
    Number   Number
 
        
1-08788
 
NV ENERGY, INC.
   88-0198358 
 
  Nevada    
 
  P. O. Box 10100 (6100 Neil Road)    
 
  Reno, Nevada 89520-0400 (89511)    
 
  (775) 834-4011     
 
        
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))
 
 

 

 

2.03 — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
     On January 12, 2009, Nevada Power Company d/b/a NV Energy (“Nevada Power”), a wholly-owned subsidiary of NV Energy, Inc., issued and sold $125 million of its 7.375% General and Refunding Mortgage Notes, Series U, due 2014 (the “Series U Notes”). Nevada Power will pay interest on the Series U Notes on January 15 and July 15 of each year, beginning on July 15, 2009. The Series U Notes will mature on January 15, 2014. The Series U Notes were issued pursuant to a registration statement (No. 333-146100-02) previously filed with the Securities and Exchange Commission (“SEC”). Nevada Power filed a prospectus supplement with the SEC in connection with the issuance of the Series U Notes.
     The net proceeds from the issuance of the Series U Notes will be approximately $124.0 million, after deducting the underwriting discount and estimated expenses. All of net proceeds from the sale of the Series U Notes will be used to repay amounts outstanding under Nevada Power’s Revolving Credit Agreement with Wachovia Bank, N.A., dated November 4, 2005, as amended (the “Wachovia Credit Agreement”), which matures in November 2010.
     Nevada Power may redeem the notes at its option at any time, in whole or in part, at a price of 100% of the principal amount of the Series U Notes being redeemed plus a make-whole premium.
8.01 — Other Events
     On January 5, 2009, Nevada Power entered into a new revolving Credit Agreement with JPMorgan Chase, N.A., as Administrative Agent for the lenders thereunder and The Royal Bank of Scotland PLC (the “Credit Agreement”). The Credit Agreement allows Nevada Power to borrow up to $90 million on a revolving basis and matures on January 3, 2010. The terms and covenants of the Credit Agreement are substantially similar to the terms and covenants contained in the Wachovia Credit Agreement. In connection with the Credit Agreement, Nevada Power issued a $90 million Series T Bond under its General and Refunding Mortgage Indenture, dated as of May 1, 2001, between Nevada Power and The Bank of New York Mellon. The Series T Bond secures amounts outstanding under the Credit Agreement. As of the date of this report, there are no amounts outstanding under the Credit Agreement.

 

 

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: January 12, 2009  By:   /s/ E. Kevin Bethel    
    E. Kevin Bethel
Chief Accounting Officer 		  
 
  Nevada Power Company d/b/a NV Energy
(Registrant)
 		  
Date: January 12, 2009  By:   /s/ E. Kevin Bethel    
    E. Kevin Bethel   
    Chief Accounting Officer   
 

 

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