-----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, PaqcRLs2x/aymFzyZFo4TTJBGciyum5A06EbRB7B+cwKVbhiv84Q4miknswmx4+p +hvtAeKk6+7TvYhEuFO6/g== 0001079182-99-000048.txt : 19991223 0001079182-99-000048.hdr.sgml : 19991223 ACCESSION NUMBER: 0001079182-99-000048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991222 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NIAGARA MOHAWK HOLDINGS INC/NY CENTRAL INDEX KEY: 0001079182 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 161549726 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25595 FILM NUMBER: 99778924 BUSINESS ADDRESS: STREET 1: 300 ERIE BLVD WEST CITY: SYRACUSE STATE: NY ZIP: 13202 BUSINESS PHONE: 3154741511 MAIL ADDRESS: STREET 1: 300 ERIE BLVD WEST CITY: SYRACUSE STATE: NY ZIP: 13202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NIAGARA MOHAWK POWER CORP /NY/ CENTRAL INDEX KEY: 0000071932 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 150265555 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-02987 FILM NUMBER: 99778925 BUSINESS ADDRESS: STREET 1: 300 ERIE BLVD W CITY: SYRACUSE STATE: NY ZIP: 13202 BUSINESS PHONE: 3154741511 MAIL ADDRESS: STREET 1: 300 ERIE BLVD W CITY: SYRACUSE STATE: NY ZIP: 13202 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL NEW YORK POWER CORP DATE OF NAME CHANGE: 19710419 8-K 1 As filed with the Securities and Exchange Commission on December 22, 1999 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 - DECEMBER 22, 1999 Commission Registrant, State of Incorporation I.R.S. Employer File Number Address and Telephone Number Identification No. - ----------- ------------------------------------- ------------------ 0-25595 NIAGARA MOHAWK HOLDINGS, INC. 16-1549726 (a New York corporation) 300 Erie Boulevard West Syracuse, New York 13202 Telephone 315-474-1511 1-2987 NIAGARA MOHAWK POWER CORPORATION 15-0265555 (a New York corporation) 300 Erie Boulevard West Syracuse, New York 13202 Telephone 315-474-1511 Item 5. Other Events - --------------------- (a) On December 22, 1999, Niagara Mohawk Power Corporation issued a press release regarding Rochester Gas & Electric Corporation's decision to exercise its right of first refusal with respect to Niagara Mohawk's announced sale of its nuclear generating assets to AmerGen Energy Company, LLC. (Exhibit No. 99) Item 7. Financial Statements and Exhibits - ------------------------------------------ Exhibits - Following is the list of Exhibits furnished in accordance with the provisions of Item 601 of Regulation S-K, filed as part of this current report on Form 8-K. Exhibit No. 99 - Press release regarding Rochester Gas & Electric Corporation's decision to exercise its right of first refusal with respect to Niagara Mohawk's announced sale of its nuclear generating assets to AmerGen Energy Company, LLC. NIAGARA MOHAWK HOLDINGS, INC. AND SUBSIDIARY COMPANIES SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. NIAGARA MOHAWK HOLDINGS, INC. ----------------------------- (Registrant) Date: December 22, 1999 By: /s/Steven W. Tasker ---------------------------- Steven W. Tasker Vice President-Controller and Principal Accounting Officer, in his respective capacities as such NIAGARA MOHAWK POWER CORPORATION --------------------------------- (Registrant) Date: December 22, 1999 By: /s/Steven W. Tasker ----------------------------- Steven W. Tasker Vice President-Controller and Principal Accounting Officer, in his respective capacities as such EXHIBIT INDEX ------------- Following is the index of Exhibits furnished in accordance with the provisions of Item 601 of Regulation S-K, filed as part of this current report on Form 8-K. Exhibit No. 99 - Press release regarding Rochester Gas & Electric Corporation's decision to exercise its right of first refusal with respect to Niagara Mohawk's announced sale of its nuclear generating assets to AmerGen Energy Company, LLC. EX-99 2 EXHIBIT NO. 99 News Release NIAGARA MOHAWK WILL EVALUATE ROCHESTER GAS & ELECTRIC'S NUCLEAR ASSET PURCHASE OFFER SYRACUSE, Dec. 22 - Niagara Mohawk Power Corp. has received an offer to purchase all of its nuclear assets from Rochester Gas and Electric Corp., Niagara Mohawk officials said today. Niagara Mohawk will evaluate the RG&E offer. In January, Niagara Mohawk announced its plans to sell its nuclear assets, the Nine Mile Point 1 plant and a 41 percent ownership share of Nine Mile Point 2. In June, Niagara Mohawk announced it had reached an agreement with AmerGen Energy Co. for the purchase of the assets. Niagara Mohawk is a wholly owned subsidiary of Niagara Mohawk Holdings, Inc. (NYSE: NMK). The sale to AmerGen was subject to a previously existing agreement among the five co-owners of Nine Mile 2 that gives the co-owners the right to match a third-party purchase offer made for any share of the plant. RG&E currently owns 14 percent of Nine Mile 2. "We will closely examine the Rochester Gas and Electric offer," said William E. Davis, chairman and chief executive officer of Niagara Mohawk. "The sale of the plants is a key component of our plan to create a competitive electricity market and provide customer choice." Nine Mile Point is a two-unit boiling water reactor site. Nine Mile 1, a 614-megawatt unit, began producing electricity in 1969. Nine Mile 2, a 1,140-megawatt unit, began producing electricity in 1988. Niagara Mohawk operates both plants, which are in Scriba, N.Y., approximately 40 miles north of Syracuse. In addition to Niagara Mohawk and RG&E, the other Nine Mile 2 co-owners are: New York State Electric and Gas (18 percent), Long Island Power Authority (18 percent), and Central Hudson Gas & Electric Corp. (9 percent). RG&E has also informed NYSEG of its intention to exercise its right to purchase NYSEG's share of Nine Mile 2. NYSEG has also reached agreement with AmerGen to sell its share of the plant. -----END PRIVACY-ENHANCED MESSAGE-----