-----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, SbixA2NfzrUbftvd4LJE+CxS2r73jyFZ6VqbjK0jL6oesOW7HVnc1BEFu6sccMrM tcHDNhq/q9lPZhI5H1m+uw== 0000072741-99-000115.txt : 19990430 0000072741-99-000115.hdr.sgml : 19990430 ACCESSION NUMBER: 0000072741-99-000115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990427 ITEM INFORMATION: FILED AS OF DATE: 19990429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHEAST UTILITIES SYSTEM CENTRAL INDEX KEY: 0000072741 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 042147929 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05324 FILM NUMBER: 99605082 BUSINESS ADDRESS: STREET 1: 174 BRUSH HILL AVE CITY: WEST SPRINGFIELD STATE: MA ZIP: 01090-0010 BUSINESS PHONE: 4137855871 MAIL ADDRESS: STREET 1: 107 SELDON ST CITY: BERLIN STATE: CT ZIP: 06037-1616 8-K 1 FORM 8-K FOR NORTHEAST UTILITIES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549-1004 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) April 27, 1999 ------------------- Commission File Number 1-5324 ------ NORTHEAST UTILITIES -------------------- (Exact name of registrant as specified in its charter) MASSACHUSETTS 04-2147929 ------------- ---------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 174 BRUSH HILL AVENUE, WEST SPRINGFIELD, MASSACHUSETTS 01090-0010 ------------------------------------------------------------------ (Address of principal executive offices) (Zip Code) (413) 785-5871 -------------- (Registrant's telephone number, including area code) Not Applicable -------------- (Former name or former address, if changed since last report) Item 3. Legal Proceedings On March 11, 1999, Fish Unlimited, along with several other parties, brought a civil environmental lawsuit in Connecticut Superior Court against Northeast Nuclear Electric Company (NNECO) and Northeast Utilities Service Company, two service company subsidiaries of Northeast Utilities (NU), seeking temporary and permanent injunctions to prevent the restart of the Millstone 2 nuclear unit (Millstone 2) until a fish return system and cooling towers are installed. The plaintiffs claim that these facilities are needed to mitigate the effect of Millstone 2 on winter flounder and the environment in general. On April 20, 1999, the plaintiffs requested a temporary restraining order to prevent Millstone 2 from resuming operations until at least June 15, 1999 when the winter flounder larvae migration season is over. On April 27, 1999, the court granted the plaintiffs' request and issued a temporary restraining order, prohibiting the defendants from restarting the unit until further order of the court. The proceedings on the temporary injunction are ongoing. The Nuclear Regulatory Commission notified NNECO on April 29, 1999 that it could restart Millstone 2. Restart, however, cannot commence until the temporary restraining order is lifted and restart is not otherwise prohibited. Millstone 2 is owned 81-percent by The Connecticut Light and Power Company (CL&P) and 19-percent by Western Massachusetts Electric Company (WMECO), each of which are wholly owned subsidiaries of NU. The continuing outage of Millstone 2 is estimated to cost approximately $6.6 million a month in noncash revenues to CL&P as a result of the Connecticut Department of Public Utility Control's February 5, 1999 rate decision and $8 million a month for replacement power ($7 million for CL&P and $1 million for WMECO). The companies also could incur additional operation and maintenance expenses related to the delayed restart. For more information regarding this matter, see "Item 1. Business - Rates - Connecticut Retail Rates" and "- Nuclear Plant Performance and Regulatory Oversight" in NU's 1998 Annual Report on Form 10-K. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHEAST UTILITIES ------------------- Registrant Date April 29, 1999 By /s/John H. Forsgren -------------------- ----------------------------------- John H. Forsgren Executive Vice President and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----