File No.____________
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
AES Panama, S.A.
(name of foreign utility company)
by
THE AES CORPORATION
1001 N. 19th Street
Suite 2000
Arlington, Virginia 22209
(name of filing company, if filed on behalf of a foreign utility company)
The Commission is hereby requested to mail copies of all correspondence relating
to this Notification to:
Erik Luckau
The AES Corporation
1001 N. 19th Street
Suite 2000
Arlington, Virginia 22209
Andrew B. Young
Hugh E. Hilliard
Dewey Ballantine LLP
1775 Pennsylvania Avenue, N.W.
Washington, D.C. 20006
ITEM 1
Foreign utility company status is claimed by AES Panama, S.A. ("AES
Panama"), a corporation (or Sociedad Anonima) incorporated and existing under
the laws of Panama with its business address at Torre Banco Continental, Avenida
Nicanor de Obarrio (Calle 50) y Calle Aquilino de la Guardia Street,
Piso No. 25, Panama City, Panama.
AES Panama owns and operates a 150 MW hydroelectric facility located near
Panama City, Panama; two run-of-the-river hydroelectric facilities with a
combined capacity of 90 MW located in western Panama; and a 42 MW gas-fired
electric generating facility located in Panama City, Panama.
AES Panama is currently constructing Esti, a hydroelectric project of
120 MW in the Province of Chiriqui, and upgrading the existing 150 MW
hydroelectric facility referred to above to a total capacity of 260 MW.
AES Panama is currently owned 49% by wholly-owned subsidiaries of The AES
Corporation ("AES") and 51% by the Republic of Panama.
AES, a Delaware corporation, is a public utility holding company exempt
from registration under section 3(a)(5) of the Public Utility Holding Company
Act of 1935 (the "Act").
ITEM 2
AES Panama has two domestic associate public utility companies, Central
Illinois Light Company ("CILCO") and Indianapolis Power and Light Company
("IPL"). CILCO is wholly owned by CILCORP, Inc., which, in turn, is a wholly
owned subsidiary of AES. IPL is wholly owned by IPALCO Enterprises Inc., which,
in turn, is a wholly owned subsidiary of AES.
Neither CILCO nor IPL has made any investment in, nor has any contractual
relationship with, AES Panama, nor are any such investments or contractual
relationships contemplated.
EXHIBIT A
By letter dated March 10, 1999, the Illinois Commerce Commission certified
to the Securities and Exchange Commission ("SEC") with respect to CILCO that
(1) it has the authority and resources to protect Illinois consumers in
accordance with applicable Illinois statutes, and (2) it intends to exercise
that authority, as required under section 33(a)(2) of the Act in connection with
AES' acquisition of foreign utility companies. AES hereby incorporates this
letter, filed June 10, 1999, in file number 070-09465, by reference.
By letter dated September 28, 2000, the Indiana Utility Regulatory
Commission certified to the SEC with respect to IPL that (1) it has the
authority and resources to protect ratepayers subject to its jurisdiction, and
(2) it intends to exercise that authority as required under section 33(a)(2) of
the Act in connection with AES' acquisition of foreign utility companies. AES
hereby incorporates this letter, filed October 27, 2000, in file number
070-09779, by reference.
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The undersigned company has duly caused this statement to be signed on its
behalf by the undersigned thereunto duly authorized.
By: /S/ ERIK LUCKAU
----------------
Erik Luckau
Associate General Counsel
The AES Corporation
1001 N. 19th Street, Suite 2000
Arlington, Virginia 22209
(703) 558-4879
Dated: April 12, 2002
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