8-K 1 0001.txt SALTON SEA FUNDING CORPORATION - 8-K 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 April 19, 2001 -------------------------------- (Date of earliest event reported) Commission File No. 33-95538 -------- SALTON SEA FUNDING CORPORATION ------------------------------ (Exact name of registrant as specified in its charter) 47-0790493 ---------- (IRS Employer Identification No.) (State or other (I.R.S. jurisdiction of Employer (Exact name of Registrants incorporation or Identification as specified in their charters) organization) No.) ------------------------------- ------------------ -------------- Salton Sea Brine Processing L.P. California 33-0601721 Salton Sea Power Generation L.P. California 33-0567411 Fish Lake Power LLC Delaware 33-0453364 Vulcan Power Company Nevada 95-3992087 CalEnergy Operating Corporation Delaware 33-0268085 Salton Sea Royalty LLC Delaware 47-0790492 VPC Geothermal LLC Delaware 91-1244270 San Felipe Energy Company California 33-0315787 Conejo Energy Company California 33-0268500 Niguel Energy Company California 33-0268502 Vulcan/BN Geothermal Power Company Nevada 33-3992087 Leathers, L.P. California 33-0305342 Del Ranch, L.P. California 33-0278290 Elmore, L.P. California 33-0278294 Salton Sea Power LLC Delaware 47-0810713 CalEnergy Minerals LLC Delaware 47-0810718 CE Turbo LLC Delaware 47-0812159 CE Salton Sea Inc. Delaware 47-0810711 Salton Sea Minerals Corp. Delaware 47-0811261 302 S. 36th Street, Suite 400-A, Omaha, NE 68131 -------------------------------------------------- (Address of principal executive offices and Zip Code of Salton Sea Funding Corporation) Salton Sea Funding Corporation's Telephone Number, including area code: (402) 341-4500 ------------- N/A ----------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. Salton Sea Funding Corporation ("Funding Corporation") reports today that it has terminated the consent solicitation with respect to its 7.37% Senior Secured Series B Bonds due May 30, 2005, 7.84% Senior Secured Series C Bonds due May 30, 2010, 8.30% Senior Secured Series E Bonds due May 30, 2011 and 7.475% Senior Secured Series F Bonds due November 30, 2018. The primary purpose of the consent solicitation was to approve certain proposed amendments to the Trust Indenture and related documents under which the above listed Bonds were issued which would have enabled Funding Corporation to issue up to $15 million of its proposed 7.0% Senior Secured Series G Notes due May 30, 2004 to its indirect owners (the "Sponsors"). The proceeds of such Series G Notes would have been used to pay future third-party operating and maintenance costs of the geothermal power generation facilities owned by the Sponsors as a result of the failure of Southern California Edison Company to pay for power delivered by the Registrants in recent months pursuant to long-term power sales contracts as previously reported. In accordance with the terms of the consent solicitation statement, since the requisite consents to approve the proposed amendments were not received, the consent solicitation is terminated and the proposed amendments will not be adopted. Certain information included in this report contains forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995 ("Reform Act"). Such statements are based on current expectations and involve a number of known and unknown risks and uncertainties that could cause the actual results and performance of the Registrants to differ materially from any expected future results or performance, expressed or implied, by the forward-looking statements including expectations regarding the future results of operations of Registrants. In connection with the safe harbor provisions of the Reform Act, the Registrants have identified important factors that could cause actual results to differ materially from such expectations, including development and construction uncertainty, operating uncertainty, acquisition uncertainty, uncertainties relating to geothermal resources, uncertainties relating to economic and political conditions and uncertainties regarding the impact of regulations, changes in government policy, industry deregulation and competition. Reference is made to all of the Registrants' SEC Filings, incorporated herein by reference, for a description of such factors. The Registrants assume no responsibility to update forward-looking information contained herein. Item 7. Financial Statements and Exhibits None 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 thereunto duly authorized. SALTON SEA FUNDING CORPORATION Date: April 19, 2001 By: /s/ Paul J. Leighton ----------------------- Paul J. Leighton Secretary