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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM U-9C-3

QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
For the Quarterly Period Ended September 30, 2005

E.ON AG
E.ON US Holding GmbH
E.ON US Investments Corp.
LG&E Energy LLC
(Name of Registered Holding Company)

E.ON AG
E.ON-Platz 1
40479 Dusseldorf
Germany
(Address of Principal Executive Offices)

Inquiries concerning this Form U-9C-3 may be directed to:

Dr. Rainer Liesen
General Legal Affairs
E.ON AG
E.ON-Platz 1
40479 Dusseldorf
Germany
49 (211) 4579 603




E.ON AG

FORM U-9C-3
For the Quarter Ended September 30, 2005


Table of Contents

Item 1.—ORGANIZATION CHART   1

Item 2.—ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS

 

3

Item 3.—ASSOCIATE TRANSACTIONS

 

4

Item 4.—SUMMARY OF AGGREGATE INVESTMENT

 

6

Item 5.—OTHER INVESTMENTS

 

8

Item 6.—FINANCIAL STATEMENTS AND EXHIBITS

 

9

i


        This report covers the quarter ended September 30, 2005.

Item 1.—ORGANIZATION CHART

Name of Reporting Company

  Energy or
Gas-related
Company

  Date of
Organization

  State/
Country of
Organization

  Percentage
of Voting
Securities
Held

  Nature of Business

E.ON AG   (a)   6/16/00   Germany   n/a   Holding Company
  E.ON US Holding GmbH   (a)       Germany   100%   Intermediate Holding Company; subsidiary of E.ON AG
  E.ON US Investments Corp.   (a)   12/2/00   Delaware   100%   Intermediate Holding Company; subsidiary of E.ON US Holding GmbH
1.   LG&E Energy LLC+   (a)   12/    /03   Kentucky   100%   Intermediate Holding Company; subsidiary of E.ON US Investments Corp.
1.1   LG&E Energy Marketing Inc.   Energy   4/18/84   Oklahoma   100%   Power Marketing
1.1.1   Woodlands Technology, LLC   *       Texas   15%   Inactive
1.2   LG&E Capital Corp.   (a)   4/26/91   Kentucky   100%   Non-Utility Holding Company
1.2.1   LG&E Home Services Inc.   Energy   1/22/96   Kentucky   100%   Appliance Repair and Warranty
1.2.2   Airborne Pollution Control Inc.   Energy   12/10/98   Alberta, Canada   4.9%   Pollution and Waste Control Technology
1.2.3   FSF Minerals Inc.   Energy   12/28/98   Kentucky   100%   Owner of Coal Reserves
1.2.4   LG&E International Inc.   Energy   11/8/93   Delaware   100%   Management and Holding Company
1.2.4.1   LG&E Power Services LLC   Energy   6/29/01   Delaware   100%   Power facilities management and operations
1.2.5   WKE Corp.   (a)   5/1/98   Kentucky   100%   Investment Holding Company
1.2.5.1   LCC LLC   Energy   3/2/99   Kentucky   100%   Owns Options on Mineral Rights
1.2.5.2   FCD LLC   Energy   2/17/00   Kentucky   100%   Owns Options and Actual Riparian Rights
1.2.6   LG&E Power Inc.   (a)   5/7/80   Delaware   100%   Holding Company for Non-Utility Investments
1.2.6.1   LG&E Power Operations Inc.   Energy   6/8/82   California   100%   Power Project Ownership, Management & Development
1.2.6.1.1   LG&E Power 5 Incorporated   *   3/31/83   California   100%   Inactive
1.2.6.1.2   LG&E Power 16 Incorporated   (a)   8/3/99   California   100%   Indirect Owner of Generation Facilities
1.2.6.1.3   LG&E Power Roanoke Incorporated   (a)   8/3/89   California   100%   Indirect Owner of Generation Incorporated Facilities
1.2.6.1.3.1   LG&E Roanoke Valley LP   (a)   3/14/90   California   1%gp1
99%lp2
  Indirect Owner of Generation Facilities
1.2.6.1.4   Westmoreland-LG&E Partners   Energy       Virginia       Owner of interest in QF
1.2.6.2   American Power Incorporated   *   4/9/87   California   100%   Former Investor in EWG
1.2.6.3   LG&E Power Development Inc.   Energy   12/12/84   California   100%   Development of QFs and EWGs
1.2.6.4   LG&E Power Gregory I Inc.   *   3/30/78   New Mexico   100%   Inactive
1.2.6.5   LG&E Power Gregory II Inc.   *   5/18/98   Delaware   100%   Inactive
1.2.7   KU Solutions Corporation   Energy   11/21/95   Kentucky   100%   Energy Marketing and Services

+
LG&E Energy Corp. was merged into LG&E Energy LLC on December 30, 2003. Numerical designations show degree of remoteness from LG&E Energy LLC.

(a)
Directly or indirectly holds securities in energy-related companies

*
Inactive

gp
general partnership interest

lp
limited partnership interest

1
directly held by LG&E Power 16 Incorporated

2
directly held by LG&E Power Roanoke Incorporated

1



Narrative Description of Activities of Each
Reporting Company during the Reporting Period

        LG&E Energy Marketing Inc. conducts asset-based energy marketing and trading activities, including brokering and marketing of electric power and natural gas.

        LG&E Capital Corp., directly and through it subsidiaries and affiliates, including WKE Corp., LG&E Power Inc., LG&E Power Operations Inc. and other subsidiaries, is a holding company for non-utility domestic energy and energy-related operations, investments, activities and services.

        LG&E Home Services Inc. formerly provided energy-related financing, appliance repair, consumer lighting and other services to customers.

        WKE Corp. and its subsidiaries lease and operate power generation facilities in western Kentucky and associated facilities, including coal or fuel related assets.

        LG&E Power Inc. conducts non-utility domestic energy operations and activities through its subsidiaries and affiliates. These interests or operations relate to domestic power generation facilities in North Carolina (the Power Roanoke entities), all of which are EWG's, QF's or both.

        LG&E International Inc. owns interests in FUCOs in Argentina. A subsidiary, LG&E Power Services LLC, provides operation and maintenance services pursuant to contracts with affiliated and unaffiliated domestic power generation facilities in North Carolina, Texas and Virginia.

2


Item 2.—ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS

Company
Issuing Security

  Type of Security
Issued

  Principal Amount
of Security*

  Issue or
Renewal

  Cost of
Capital

  Person to
Whom
Security
was Issued

  Collateral Given
with Security

  Consideration
Received for Each Security

LG&E Capital Corp.   Money pool loan   $ (64,715,615 )     Money pool   N/A    

LG&E Energy Marketing Inc.

 

Money pool loan

 

$

(100,286,761

)


 


 

Money pool

 

N/A

 

 

*
Reflects net change in intercompany loans during the reporting period. (Parenthesis denote reduction.)

        With respect to transactions with an associate company:

Company
Contributing Capital

  Company
Receiving Capital

  Amount of
Capital Contribution

LG&E Energy LLC   LG&E Energy Marketing Inc.   $85 million
LG&E Energy LLC   LG&E Capital Corp.   $65 million

3


Item 3.—ASSOCIATE TRANSACTIONS

        NOTE: Charts reflect the net intercompany balance sheet flows between the entities with respect to the period. In some cases, this includes amounts not related to applicable services provided or received by the entities involved. Among other items, "miscellaneous services" also includes quarterly intercompany clearance of tax settlements made among the entities.

Part I.—Transactions Performed by Reporting Companies on behalf of Associate Companies.

Reporting Company
Rendering Services

  Associate Company
Receiving Services

  Types of Services Rendered
  Direct Costs
Charged

  Indirect Costs
Charged

  Cost of
Capital

  Total Amount
Billed

Home Services   LG&E Capital Corp.   Miscellaneous Services   $ 350,183           $ 350,183
Home Services   LG&E Utility   Miscellaneous Services   $ 5,836           $ 5,836
Home Services   Services Company   Miscellaneous Services   $ 350,141           $ 350,141
Home Services   LEL   Miscellaneous Services   $ 166,234           $ 166,234
FSF Minerals Inc.   WKEC   Miscellaneous Services   $ 523           $ 523
FSF Minerals Inc.   LEL   Miscellaneous Services   $ 35,963           $ 35,963
KU Solutions   LG&E Capital Corp.   Miscellaneous Services   $ 755           $ 755
KU Solutions   LEL   Miscellaneous Services   $ 2,585           $ 2,585
LCC LLC   LEL   Miscellaneous Services   $ 1,971           $ 1,971
FCD LLC   LG&E Capital Corp.   Miscellaneous Services   $ 110,755           $ 110,755
FCD LLC   WKEC   Miscellaneous Services   $ 23,360           $ 23,360
FCD LLC   LEL   Miscellaneous Services   $ 118,450           $ 118,450
LG&E Energy Marketing Inc.   LG&E Capital Corp.   Miscellaneous Services   $ 406,666           $ 406,666
LG&E Power Inc.   LG&E Power Services LLC   Miscellaneous Services   $ 362,246           $ 362,246
LG&E Power Inc.   LG&E Power Operations Inc.   Labor Related   $ 17,478           $ 17,478
LG&E Power Inc.   LG&E Power Operations Inc.   Convenience Payments   $ 2,503           $ 2,503
LG&E Power Inc.   LG&E Power Roanoke, Inc.   Miscellaneous Services   $ 95,171           $ 95,171
LG&E Power 5 Inc.   LG&E Power Inc.   Miscellaneous Services   $ 224,250           $ 224,250
LG&E Power 16 Inc.   LG&E Power Operations Inc.   Miscellaneous Services   $ 5,246           $ 5,246
LG&E Power 16 Inc.   LG&E Power Operations Inc.   Miscellaneous Services   $ 47,847           $ 47,847
LG&E Power Services LLC   LG&E Power Inc.   Convenience Payments   $ 1,198           $ 1,198
LG&E Power Services LLC   LG&E Power Operations Inc.   Miscellaneous Services   $ 78,628           $ 78,628
LG&E Power Services LLC   LG&E Power Operations Inc.   Convenience Payments   $ 3,566           $ 3,566
LG&E Power Development Inc.   LG&E Power Operations Inc.   Other Payments   $ 1,856           $ 1,856
LG&E Power Operations Inc.   LG&E Power Inc.   Miscellaneous Services   $ 40,608           $ 40,608
LG&E Power Operations Inc.   LG&E Power Services LLC   Labor Related   $ 56           $ 56
LG&E Power Operations Inc.   LG&E Power 5 Inc.   Convenience Payments   $ 800           $ 800
LG&E Power Operations Inc.   LG&E Power 5 Inc.   Miscellaneous Services   $ 32,597           $ 32,597
LG&E Power Gregory II Inc.   LG&E Power Inc.   Miscellaneous Services   $ 351,672           $ 351,672
LG&E Power Gregory I Inc.   LG&E Power Inc.   Miscellaneous Services   $ 486,681           $ 486,681

4


Part II—Transactions Performed by Associate Companies on behalf of Reporting Companies.

Associate Company
Rendering Services

  Reporting Company
Receiving Services

  Types of
Services Rendered

  Direct Costs
Charged

  Indirect Costs
Charged

  Cost of
Capital

  Total Amount
Billed

LG&E Capital Corp.   FSF Minerals Inc.   Miscellaneous Services   $ 57,770             $ 57,770
LG&E Capital Corp.   KU Solutions   Miscellaneous Services   $ 2,300             $ 2,300
LG&E Capital Corp.   LCC LLC   Miscellaneous Services   $ 8,381             $ 8,381
LG&E Capital Corp.   FCD LLC   Miscellaneous Services   $ 133,914             $ 133,914
LEL   Home Services   Miscellaneous Services   $ 6,835             $ 6,835
LEL   KU Solutions   Miscellaneous Services   $ 2,615             $ 2,615
LEL   LEM   Miscellaneous Services   $ 8,893             $ 8,893
Kentucky Utilities   KU Solutions   Labor Related   $ 56,755             $ 56,755
Kentucky Utilities   KU Solutions   Convenience Payments   $ 136,877             $ 136,877
Kentucky Utilities   KU Solutions   Miscellaneous Services   $ 1,600             $ 1,600
Services Company   Home Services   Miscellaneous Services   $ 4,654             $ 4,654
Services Company   FSF Minerals Inc.   Miscellaneous Services   $ 463             $ 463
Services Company   FCD LLC   Miscellaneous Services   $ 549             $ 549
Services Company   LG&E Power Inc.   Miscellaneous Services   $ 455,566   $ 32,991       $ 488,557
Services Company   LEM   Miscellaneous Services   $ 1,086,737   $ 648,088       $ 1,734,825
Services Company   KU Solutions   Miscellaneous Services   $ 1,198             $ 1,198
WKEC   FCD LLC   Miscellaneous Services   $ 64,792             $ 64,792
LG&E Power Inc.   LG&E Power Roanoke Inc.   Miscellaneous Services   $ 95,171             $ 95,171
LG&E Power Inc.   LG&E Power Operations Inc.   Convenience Payments   $ 2,503             $ 2,503
LG&E Power Inc.   LG&E Power Operations Inc.   Labor Related   $ 17,478             $ 17,478
LG&E Power Inc.   LG&E Power Services LLC   Miscellaneous Services   $ 362,246             $ 362,246
LG&E Power Gregory I Inc.   LG&E Power Inc.   Miscellaneous Services   $ 486,681             $ 486,681
LG&E Power Operations Inc.   LG&E Power Services LLC   Labor Related   $ 56             $ 56
LG&E Power Operations Inc.   LG&E Power 5 Inc.   Convenience Payments   $ 800             $ 800
LG&E Power Operations Inc.   LG&E Power 5 Inc.   Miscellaneous Services   $ 32,597             $ 32,597
LG&E Power Operations Inc.   LG&E Power Inc.   Miscellaneous Services   $ 40,608             $ 40,608
LG&E Power Services LLC   LG&E Power Inc.   Convenience Payments   $ 1,198             $ 1,198
LG&E Power Services LLC   LG&E Power Operations Inc.   Miscellaneous Services   $ 78,628             $ 78,628
LG&E Power Services LLC   LG&E Power Operations Inc.   Convenience Payments   $ 3,566             $ 3,566
LG&E Power Gregory II Inc.   LG&E Power Inc.   Miscellaneous Services   $ 351,672             $ 351,672
LG&E Power Development Inc.   LG&E Power Operations Inc.   Other Payments   $ 1,856             $ 1,856
LG&E Power 5 Inc.   LG&E Power Inc.   Miscellaneous Services   $ 224,250             $ 224,250
LG&E Power Roanoke Inc.   LG&E Power Operations Inc.   Miscellaneous Services   $ 4,564,372             $ 4,564,372
LG&E Power Argentina I Inc.   LG&E Power Inc.   Miscellaneous Services   $ 87             $ 87
LG&E Power 16 Inc.   LG&E Power Inc.   Miscellaneous Services   $ 5,246             $ 5,246
LG&E Power 16 Inc   LG&E Power Operations Inc.   Miscellaneous Services   $ 47,847             $ 47,847

Company Names:

 

 
LEL   LG&E Energy LLC
LG&E Utility   Louisville Gas and Electric Company
Kentucky Utilities   Kentucky Utilities Company
WKEC   Western Kentucky Energy Corp.
Home Services   LG&E Home Services Inc.
KU Solutions   KU Solutions Corporation
LEM   LG&E Energy Marketing Inc.
Services Company   LG&E Energy Services Inc.

5


Item 4.—SUMMARY OF AGGREGATE INVESTMENT

Investments in energy-related companies:          
Total consolidated capitalization as of September 30, 2005   $ 75,293,195,000   Line 1
Total capitalization multiplied by 15% (Line 1 multiplied by 0.15)   $ 11,293,979,250   Line 2
Greater of $50 million or Line 2   $ 1,293,979,250   Line 3
   
   
Total current aggregate investment*:          
(categorized by major line of energy-related business)          
Energy-related business Category—Rule 58(b)(1)(i) (1)   $ 0    
Energy-related business Category—Rule 58(b)(1)(ii) (2)   $ 0    
Energy-related business Category—Rule 58(b)(1)(iv) (3)   $ 7,160,618    
Energy-related business Category—Rule 58(b)(1)(v) (4)   $ 895,848,789    
Energy-related business Category—Rule 58(b)(1)(vii) (5)   $ 19,976,692    
Energy-related business Category—Rule 58(b)(1)(viii) (6)   $ 37,411,265    
Energy-related business Category—Rule 58(b)(1)(ix) (7)   $ 6,675,481    
   
   
Total current aggregate investment   $ 967,072,845   Line 4
   
   
Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system (line 3 less line 4)   $ 10,326,906,405   Line 5
   
   

*
Includes aggregate investment in energy-related companies made prior to March 24, 1997.

(1)
Rule 58(b)(1)(i)—the rendering of energy management services and demand-side management services.

(2)
Rule 58(b)(1)(ii)—the development and commercialization of electrotechnologies related to energy conservation, storage and conversion, energy efficiency, waste treatment, greenhouse gas reduction, and similar innovations.

(3)
Rule 58(b)(1)(iv)—the sale of electric and gas appliances; equipment to promote new technologies, or new applications for existing technologies, that use gas or electricity; and equipment that enables the use of gas or electricity as an alternate fuel; and the installation and servicing thereof.

(4)
Rule 58(b)(1)(v)—the brokering and marketing of energy commodities, including but not limited to electricity, natural or manufactured gas and other combustible fuels.

(5)
Rule 58(b)(1)(vii)—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.

(6)
Rule 58(b)(1)(viii)—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


(7)
Rule 58(b)(1)(ix)—the ownership, operation and servicing of fuel procurement, transportation, handling and storage facilities, scrubbers, and resource recovery and waste water treatment facilities.

Investments in gas-related companies:          
Total current aggregate investment:          
(categorized by major line of gas-related business)          
Gas-related business Category—Rule 58(b)(2)(i) (1)   $ 0    
Gas-related business Category—Rule 58(b)(2)(ii) (2)   $ 0    
   
   
Total current aggregate investment   $ 0    
   
   

(1)
Rule 58(b)(2)(i)—activities permitted under Section 2(a) of the Gas-Related Activities Act of 1990, 104 Stat. 2810.

(2)
Rule 58(b)(2)(ii)—activities specified in Section 2(b) of the Gas-Related Activities Act of 1990, 104 Stat. 2810.

7


Item 5.—OTHER INVESTMENTS

Major Line of Energy-
Related Business

  Other Investment in
Last U-9C-3 Report

  Other Investment in
This U-9C-3 Report

  Reason for Difference in
Other Investment

International investments
(Argentine gas distribution and Spanish generation)
  $ 36,420,317   $ 36,544,317   Changes in intercompany advances from 6/30/05 amounts.
Consumer credit investments
(LG&E Credit Corp.)
  $ 295,801   $ 0   Changes in intercompany advances from 6/30/05 amounts. LG&E Credit Corp. merged into LG&E Home Services during Q3.
Unregulated generation
investments
  $ 110,418,298   $ 110,367,047   Changes in intercompany advances from 6/30/05 amounts.

8


Item 6.—FINANCIAL STATEMENTS AND EXHIBITS

A.
Financial Statements:

Exhibit A   Financial Statements for Reporting Companies.
(Filed confidentially; Confidential treatment requested pursuant to Rule 104(b), 17 CFR 250-104(b))

 

 

FS-1

 

LG&E Home Services Inc.
    FS-2   LG&E Power Inc.
    FS-3   LG&E Energy Marketing Inc.
    FS-4   KU Solutions Corporation
    FS-5   LG&E Power Services LLC
    FS-6   LG&E Power Operations Inc.
    FS-7   FSF Minerals Inc.
    FS-8   LCC LLC
    FS-9   FCD LLC
    FS-10   Westmoreland-LG&E Partners—Rova II

9


B.
Exhibits:

Exhibit B-1   Copies of contracts required to be provided by Item 3

 

 

        None

Exhibit B-2

 

Officer's Certification

10



SIGNATURE

        The undersigned registered holding companies have duly caused this quarterly report to be signed on their behalf by the undersigned officers thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935, as amended.


 

 

E.ON AG
E.ON US Holding GmbH
E.ON US Investments Corp.
LG&E Energy LLC

Date: November 28, 2005

 

E.ON AG

 

 

By:

/s/  
MICHAEL C. WILHELM      
    Name: Michael C. Wilhelm
    Title: Senior Vice President Accounting

 

 

By:

/s/  
KARL-HEINZ FELDMANN      
    Name: Karl-Heinz Feldmann
    Title: Senior Vice President Legal Affairs,
General Counsel

Exhibit B-2

CERTIFICATE

        I hereby certify that the Form U-9C-3 for E.ON AG for the previous quarter has been provided to the state commissions listed below:

Kentucky Public Service Commission
P.O. Box 615
211 Sower Boulevard
Frankfort, KY 40602

Virginia State Corporation Commission
1300 E. Main Street
Richmond, VA 23219


Date: November 28, 2005

 

E.ON AG

 

 

By:

/s/  
MICHAEL C. WILHELM      
    Name: Michael C. Wilhelm
    Title: Senior Vice President Accounting

 

 

By:

/s/  
KARL-HEINZ FELDMANN      
    Name: Karl-Heinz Feldmann
    Title: Senior Vice President Legal Affairs,
General Counsel



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Table of Contents
Narrative Description of Activities of Each Reporting Company during the Reporting Period
SIGNATURE