-----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, GgXAhPZ4Zlu35WJVCjalRhlPbdB6YmXprUbFK4iFyofWIHF07xb3d5U9oLOTHZWl V5RcJScA4LmL4L0Dz+N3fw== 0000899652-97-000178.txt : 19970912 0000899652-97-000178.hdr.sgml : 19970911 ACCESSION NUMBER: 0000899652-97-000178 CONFORMED SUBMISSION TYPE: U-9C-3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970828 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CINERGY CORP CENTRAL INDEX KEY: 0000899652 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 311385023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: U-9C-3 SEC ACT: SEC FILE NUMBER: 074-00007 FILM NUMBER: 97671330 BUSINESS ADDRESS: STREET 1: 139 E FOURTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5133812000 MAIL ADDRESS: STREET 1: 139 E FOURTH STREET CITY: CINCINATI STATE: OH ZIP: 45202 U-9C-3 1 2ND QUARTER U-9C-3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM U-9C-3 QUARTERLY REPORT PURSUANT TO RULE 58 June 30, 1997 CINERGY CORP. 139 EAST FOURTH STREET CINCINNATI, OHIO 45202 *Inquiries concerning this Form U-9C-3 should be directed to: Teresa A. Zauss Cinergy Corp. 1000 East Main Street Plainfield, Indiana 46168 (317) 838-1115 TABLE OF CONTENTS Item Page Number Number 1 Organization Chart . . . . . . . . . . . . . . . . . . . . . 2 Issuances and Renewals of Securities and Capital Contributions. . . . . . . . . . . . . . . . . . . . . . . 3 Associate Transactions Part I - Transactions Performed by Reporting Companies on Behalf of Associate Utility Companies. . . . . . . . . . Part II - Transactions Performed by Associate Utility Companies on Behalf of Reporting Companies . . . . . . . 4 Summary of Aggregate Investment. . . . . . . . . . . . . . . 5 Other Investments. . . . . . . . . . . . . . . . . . . . . . 6a Financial Statements . . . . . . . . . . . . . . . . . . . . 6b Exhibits . . . . . . . . . . . . . . . . . . . . . . . . . . Signatures . . . . . . . . . . . . . . . . . . . . . . . . .
ITEM 1. ORGANIZATION CHART Energy or Gas-Related Date of State of Name of Reporting Company Company Organization Organization (Indentation indicates subsidiary relationship) Cinergy Corp. (Cinergy) Cinergy Investments, Inc. (Investments) Cinergy Cooling Corp. (CoolCo) (1) Energy-Related 02/27/1996 Ohio Cinergy Capital & Trading, Inc. (Capital & Trading) (2) Energy-Related 10/08/1992 Indiana Cinergy Resources, Inc. (Cinergy Resources) (3) Energy-Related 01/07/1994 Delaware Cinergy Engineering, Inc. (Engineering) (new) (4) Energy-Related 03/28/1997 Ohio Enertech Associates, Inc. (Enertech)* (5) Energy-Related 10/21/1992 Ohio Cinergy Solutions, Inc. (Solutions) Trigen-Cinergy Solutions LLC (6) Energy-Related 02/18/1997 Delaware Trigen-Cinergy Solutions of Illinois LLC (new) (7) Energy-Related 04/17/1997 Delaware * Inactive
ITEM 1. ORGANIZATION CHART (continued) Percentage of Voting Nature of Name of Reporting Company Securities Held Business (Indentation indicates subsidiary relationship) Cinergy Corp. (Cinergy) Cinergy Investments, Inc. (Investments) Cinergy Cooling Corp. (CoolCo) (1) 100% Chilled Water Marketing and Trading Cinergy Capital & Trading, Inc. (Capital & Trading) (2) 100% Energy Commodities Marketing and Trading Cinergy Resources, Inc. (Cinergy Resources) (3) 100% Energy Commodities Engineering and Other Cinergy Engineering, Inc. (Engineering) (new) (4) 100% Technical Services Utility Management Enertech Associates, Inc. (Enertech)* (5) 100% Consulting Services Cinergy Solutions, Inc. (Solutions) Development of Trigen-Cinergy Solutions LLC (6) 50% Qualifying Facilities Development of Trigen-Cinergy Solutions of Illinois LLC (new) (7) 49% Qualifying Facilities * Inactive
1 ITEM 1. ORGANIZATION CHART (Continued) (1) Operations commenced in April 1997. CoolCo is presently supplying chilled water to four buildings in the downtown business district of Cincinnati. On July 7, CoolCo began serving two additional buildings. (2) In June 1997, Capital & Trading, formerly Wholesale Power Services, Inc., acquired the assets of Greenwich Energy Partners, a limited partnership engaged in trading and marketing natural gas and oil and derivative commodity instruments. Capital & Trading will market and trade electricity and natural gas and other energy commodities as well as derivative commodity instruments on a nationwide basis. (3) During the second quarter of 1997, Cinergy Resources continued in its business of retail marketing of natural gas on a non-regulated basis to industrial and large commercial customers, primarily in the states of Ohio, Kentucky, and Indiana. In connection with its retail gas marketing business, Cinergy Resources acquires gas supplies and related transportation capacity to support such sales. (4) Engineering was formed to provide engineering, construction, technical, management, and consulting services to utilities, energy producers, transporters and distributors, industrial and commercial businesses, and other customers. On April 3, 1997, the Ohio State Board of Registration for Professional Engineers and Surveyors issued a Certificate of Authorization to Engineering to provide engineering services. (5) Enertech had no activities to report for the quarter. See Note 12(d) of the "Notes to Financial Statements" in Cinergy's 1996 Form 10-K for a discussion of certain litigation involving Enertech. (6) During the second quarter of 1997, Trigen-Cinergy Solutions LLC investigated opportunities throughout the United States for providing self-generation, cogeneration, tri-generation, and similar energy asset type projects. (7) Trigen-Cinergy Solutions of Illinois LLC was formed during the quarter and is engaged in preliminary development activities concerning potential cogeneration projects in Illinois. 2
Investments Enertech Open account advance $ 740 Investments CoolCo Open account advance 1,775 Investments Engineering Open account advance 18 Investments Cinergy Resources Open account advance (1,540) Solutions Trigen-Cinergy Solutions LLC Open account advance 987 Investments Capital & Trading Open account advance 1,631 Investments Capital & Trading Capital contribution 12,287
3 ITEM 3. ASSOCIATE TRANSACTIONS Part I - Transactions Performed by Reporting Companies on Behalf of Associate Utility Companies Reporting Company Associate Utility Company Types of Direct Indirect Total Rendering Receiving Services Costs Costs Cost of Amount Services Services Rendered Charged Charged Capital Billed NONE
4 ITEM 3. ASSOCIATE TRANSACTIONS (Continued) Part II - Transactions Performed by Associate Utility Companies on Behalf of Reporting Companies Associate Utility Reporting Company Types of Direct Indirect Total Company Rendering Receiving Services Costs Costs Cost of Amount Services Services Rendered Charged Charged Capital Billed (in thousands) Electric service CG&E CoolCo installation $28 - - $28
5 ITEM 4. SUMMARY OF AGGREGATE INVESTMENT June 30, 1997____ (in thousands) Investments in Energy-Related Companies: Total consolidated capitalization of Cinergy as of June 30, 1997 $6,153,729 Total capitalization multiplied by 15% 923,059 Greater of $50 million or total capitalization multiplied by 15% 923,059 Total current aggregate investment subsequent to March 24, 1997 (categorized by major line of energy- related business): Energy-related business category "v" (1) 17,378 Energy-related business category "vi" (2) 1,775 Energy-related business category "vii" (3) 757 Energy-related business category "viii" (4) 435 Total current aggregate investment 20,345 Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system $902,714
(1) Rule 58 defines category "v" as the brokering and marketing of energy commodities, including but not limited to electricity, natural or manufactured gas and other combustible fuels. (2) Rule 58 defines category "vi" as the production, conversion, sale and distribution of thermal energy products, such as process steam, heat, hot water, chilled water, air conditioning, compressed air and similar products; alternative fuels; and renewable energy resources; and the servicing of thermal energy facilities. (3) Rule 58 defines category "vii" as the sale of technical, operational, management, and other similar kinds of services and expertise, developed in the course of utility operations in such areas as power plant and transmission system engineering, development, design and rehabilitation; construction; maintenance and operation; fuel procurement, delivery and management; and environmental licensing, testing and remediation. (4) Rule 58 defines category "viii" as the development, ownership or operation of "qualifying facilities," as defined under the Public Utility Regulatory Policies Act of 1978, as amended ("PURPA"), and any integrated thermal, steam host, or other necessary facility constructed, developed or acquired primarily to enable the qualifying facility to satisfy the useful thermal output requirements under PURPA. 6
ITEM 5. OTHER INVESTMENTS Major Line of Energy-Related Other Investment in Last Other Investment in this Reason for Difference in Business U-9C-3 Report U-9C-3 Report Other Investment____ (in thousands) Energy-related business category "v" - $ 6,172 Investment in energy-related Energy-related business category "vi" - 10,215 businesses prior to the Energy-related business category "vii" - 15,215 effective date of Rule 58, Energy-related business category "viii" - 552 March 24, 1997. 7
SIGNATURES Pursuant to the requirements of the Public Utilities Holding Company Act of 1935, Cinergy Corp. has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Cinergy Corp.__________ Registrant Dated: August 28, 1997 By John P. Steffen________ Comptroller -----END PRIVACY-ENHANCED MESSAGE-----