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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under Section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
for
Baglan Generating Limited; and
Baglan Operations Limited
(Name of foreign utility companies)
by
General Electric Capital Corporation
(Name of filing company)
Please send a copy of all notices and correspondence concerning this Notice
to:
General Electric Capital Corporation
c/o Structured Finance Group
120 Long Ridge Road
Stamford, CT 06927
Attn: General Counsel
Brian Chisling, Esq.
Simpson Thacher & Bartlett
1 Riverside Plaza, Ninth Floor
Columbus, OH 43215
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2
Notification
General Electric Capital Corporation hereby files with the Securities and
Exchange Commission ("Commission"), pursuant to Section 33 of the Public
Utility Holding Company Act, as amended (the "Act") and Rule 57 thereunder,
this notice that Baglan Generating Limited ("Baglan Generating"), a company
incorporated under the laws of England and Wales, and Baglan Operations
Limited ("Baglan Operations"), a company incorporated under the laws of
England and Wales, are "foreign utility companies" within the meaning of
Section 33(a) of the Act.
Neither Baglan Generating nor Baglan Operations owns or derives any part
of its income, directly or indirectly, from the generation, transmission, or
distribution of electric energy for sale, or the distribution at retail of
natural gas or manufactured gas for heat, light or power, within the United
States. Neither Baglan Generating, Baglan Operations nor any of their
subsidiaries is a "public-utility company" (as defined in the Act) operating
in the United States.
ITEM 1
Name and business address of entities claiming foreign utility company status.
Baglan Generating Limited
200 Aldersgate Street
London, England EC1A 4JJ
Baglan Operations Limited
200 Aldersgate Street
London, England EC1A 4JJ
Description of the facilities used for the generation, transmission, or
distribution of electric energy for sale.
Baglan Generating will own, and Baglan Operations will lease and operate,
a gas-fired, combined-cycle heat and power plant (consisting of two units with
a total electric generating capacity of approximately 555 MW) and related
interconnection and other facilities located in Baglan Bay, South Wales,
United Kingdom (the "Facility").
Ownership of the Companies.
Baglan Generating and Baglan Operations are wholly-owned subsidiaries of
International General Electric (USA) ("IGE"), a company incorporated under the
laws of England and Wales. General Electric Company ("GE"), a New York
corporation, is the ultimate parent of IGE, Baglan Generating and Baglan
Operations. General Electric Capital Corporation is a wholly owned subsidiary
of GE. General Electric Capital Corporation is a wholly owned indirect
subsidiary of GE. No entities, other than GE and its direct or indirect,
wholly owned subsidiaries, own any voting securities of IGE, Baglan Generating
or Baglan Operations.
3
ITEM 2
Domestic associate public-utility company and holding company.
No domestic public-utility company or holding company has any interest
in, or relationship to, Baglan Generating or Baglan Operations.
Exhibit A
Not Applicable.
SIGNATURE
The undersigned company has duly caused this Notice to be signed on its
behalf by the undersigned thereunto duly authorized.
General Electric Capital Corporation
By: /s/ Ricardo Silva
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Name: Ricardo Silva
Title: Vice President
Dated: March 6, 2002