SEC File No. 70-9793
And
SEC FILE NO. 70-9941
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CERTIFICATE PURSUANT TO
RULE 24
OF PARTIAL COMPLETION OF
TRANSACTIONS
FirstEnergy Corp.
------------------------------------
:
In the matter of :
FirstEnergy Corp. : Certificate Pursuant
: to Rule 24 of Partial
: Completion of
: Transactions
SEC File No. 70-9793 :
SEC File No. 70-9941 :
(Public Utility Holding Company Act :
of 1935) :
------------------------------------
TO THE MEMBERS OF THE SECURITIES AND EXCHANGE COMMISSION:
The undersigned, FirstEnergy Corp. (FirstEnergy) hereby certifies pursuant
to Rule 24 of the Rules and Regulations under the Public Utility Holding Company
Act of 1935 (the Act), that certain of the transactions proposed in the
Applications, as filed in SEC File No. 70-9793 and SEC File No. 70-9941,
respectively, have been carried out in accordance with the Commission's Orders
dated with respect to the said Applications as follows:
1. Balance Sheets and Income Statements for the FirstEnergy Nonutility Holding
Company and its consolidated Subsidiaries for the quarter ended September
30, 2002 are attached as following exhibits:
Exhibit
-------
1-1 Consolidated Balance Sheet and Income Statement of FirstEnergy
Ventures Corp.
1-2 Consolidated Balance Sheet and Income Statement of FirstEnergy
Facilities Services Group, LLC.
1-3 Balance Sheet and Income Statement of OES Ventures, Inc. - filed
pursuant to request for confidential treatment.
1-4 Balance Sheet and Income Statement of Centerior Communications
Holdings, Inc. - filed pursuant to request for confidential treatment.
1-5 Consolidated Balance Sheet and Income Statement of E-L Enterprises,
Inc. - filed pursuant to request for confidential treatment.
1-6 Consolidated Balance Sheet and Income Statement of MARBEL HoldCo, Inc.
- filed pursuant to request for confidential treatment.
Balance Sheet and Income Statement of GPU Diversified Holdings LLC are
reported on Form U-9C-3.
2. During the period July 1, 2002 through September 30, 2002, there was no
Development Activity. Investments made during the third quarter 2002 are as
follows:
Category Investment
-------- ----------
(In Thousands $)
Rule 58 Subsidiaries $11,100
3. During the third quarter of 2002, the following guarantees were made by
FirstEnergy on behalf of other direct or indirect Subsidiaries of the
FirstEnergy Nonutility Holding Companies.
Purpose of
Beneficiary Amount Terms Guarantee
----------- ------ ----- ---------
FirstEnergy Facilities Services Group, LLC (FEFSG)- HVAC
--------------------------------------------------------
Edwards (Fifth Third) 6,000,000 1 Year (a)
(a) Credit backstop to revolving credit agreement
The following Letters of Credits (LOC) were issued during the third quarter
of 2002:
Purpose of
Beneficiary Amount LOC
----------- ------ ----------
FEFSG
-----
Old Republic Insurance Company $11,653,434 (a)
(a) Collateral for insurance program
4. During the third quarter of 2002, there were no services obtained by the
FirstEnergy Nonutility Holding Companies, or any direct or indirect
Subsidiary of the Nonutility Holding Companies from the Utility
Subsidiaries.
5. A chart of the nonutility businesses, financing subsidiaries and nonsystem
securities in which FirstEnergy and its subsidiaries are engaged in or have
investments in of 10% or greater are identified below:
Type of
Name of Company Subsidiary % Ownership
--------------- ---------- -----------
Ohio Edison Company (Ohio Edison) US 100
OES Capital, Inc. FS 100
OES Finance, Inc. FS 100
OES Fuel, Inc. ERC 100
OES Nuclear, Inc. FS 100
OES Ventures, Inc. NUHC 100
Ohio Edison Financing Trust FS 100
Ohio Edison Financing Trust II (Inactive) FS 100
Pennsylvania Power Company (Penn Power) US 100
Cranberry Square Associates, L.P. RES 50
McDonald Corporate Tax Credit Fund Limited Partnership RES 12.37
McDonald Ohio Tax Credit Fund-1996 Limited Partnership RES 42.13
McDonald Ohio Tax Credit Fund-1998 Limited Partnership RES 30.94
Apollo Tax Credit Fund III, L.P. RES 33.33
Apollo Tax Credit Fund IX, L.P. RES 99.99
Boston Capital Corporate Tax Credit Fund X, L.P. RES 10.93
Boston Capital Corporate Tax Credit Fund XIV, L.P. RES 14
Boston Capital Corporate Tax Credit Fund XVII, L.P. RES 99
Marion Senior Housing Limited Partnership RES 29.21
First Communications, LLC ETC 31.08
The Cleveland Electric Illuminating Company US 100
Cleveland Electric Financing Trust I FS 100
Centerior Funding Corporation FS 100
The Toledo Edison Capital Corporation FS 10
The Toledo Edison Company (Toledo Edison) US 100
The Toledo Edison Capital Corporation FS 90
American Transmission Systems, Incorporated (ATSI) US 100
FirstEnergy Solutions Corp. (FirstEnergy Solutions) ERC 100
FirstEnergy Generation Corp. (GenCo) EWG 100
FirstEnergy Engineering, Inc. ERC 100
FirstEnergy Nuclear Operating Company (FENOC) ERC 100
GPU Nuclear, Inc. (GPUN) ERC 100
Private Fuel Storage LLC ERC 10.1
FirstEnergy Ventures Corp. (FirstEnergy Ventures) NUHC 100
Advanced Technologies Development Corp. ETC 100
Bay Shore Power Company ERC 100
2
Type of
Name of Company Subsidiary % Ownership
--------------- --------- -----------
Centerior Communications Holdings, Inc. NUHC 100
Fiber Venture Equity, Inc. (Inactive) ETC 100
AFN Finance Company No. 3, LLC ETC 100
Centerior Energy Services, Inc. ERC 100
Centerior Power Enterprises, Inc. (Inactive) 100
FirstEnergy Telecommunications Corp. ETC 100
Warrenton River Terminal, Ltd. ERC 100
Engineered Processes, Ltd. ERC 50
Eastroc Technologies, LLC ERC 50
FE Acquisition Corp. (Inactive) NUHC 100
Mid-Atlantic Energy Development Co. (Inactive) 100
FirstEnergy Properties, Inc. (FirstEnergy Properties) RES 100
BSG Properties, Inc. (Inactive) RES 100
FirstEnergy Facilities Services Group, LLC (FE Facilities) NUHC 100
Ancoma, Inc. ERC 100
Colonial Mechanical Corporation ERC 100
Dunbar Mechanical, Inc. ERC 100
Edwards Electrical & Mechanical, Inc. ERC 100
Elliott-Lewis Corporation ERC 100
Sautter Crane Rental, Inc. ERC 100
A.A. Duckett, Inc. ERC 100
E-L Enterprises, Inc. NUHC 100
Modern Air Conditioning, Inc. ERC 100
Airdex Air Conditioning Corporation ERC 100
R.L. Anderson, Inc. ERC 100
The Hattenbach Company ERC 100
L.H. Cranston and Sons, Inc. ERC 100
Roth Bros., Inc. ERC 100
R.P.C. Mechanical, Inc. ERC 100
Spectrum Controls Systems ERC 100
Webb Technologies, Inc. ERC 100
MARBEL Energy Corporation (MARBEL) ERC 100
Marbel HoldCo, Inc. NUHC 100
Great Lakes Energy Partners, LLC ERC 50
Northeast Ohio Natural Gas Corp. ERC 100
PowerSpan Corp. ERC 18.63
Kinetic Ventures I, LLC ERC 11.11
Kinetic Ventures II, LLC ERC 14.28
The Alliance Participants Administrative and Startup
Activities Company, LLC ERC 10
FirstEnergy Service Company (ServeCo) ERC 100
GPU Service, Inc. (GPUS) ERC 100
FirstEnergy Securities Transfer Company FS 100
FELHC, Inc. ERC 100
Centerior Indemnity Trust (Inactive) 100
Centerior Service Company (Inactive) 100
FE Holdings, L.L.C. (Inactive) -
Jersey Central Power & Light Company (JCP&L) US 100
JCP&L Preferred Capital, Inc. FS 100
JCP&L Capital L.P. FS 100
JCP&L Transition Funding, LLC FS 100
Saxton Nuclear Experimental Corporation ERC 44
Metropolitan Edison Company (Met-Ed) US 100
York Haven Power Company US 100
Met-Ed Preferred Capital II, Inc. FS 100
Met-Ed Capital II, L.P. FS 100
Met-Ed Capital Trust FS 100
Saxton Nuclear Experimental Corporation ERC 32
Pennsylvania Electric Company (Penelec) US 100
Nineveh Water Company ERC 100
3
Type of
Name of Company Subsidiary % Ownership
--------------- ---------- -----------
The Waverly Electric Light and Power Company US 100
Penelec Preferred Capital II, Inc. FS 100
Penelec Capital II, L.P. FS 100
Penelec Capital Trust FS 100
Saxton Nuclear Experimental Corporation ERC 24
GPU Advanced Resources, Inc. (GPU AR) ERC 100
AFN Finance Company No. 1, LLC ETC 100
GPU Telcom Services, Inc. (GPU Telcom) ETC 100
MYR Group Inc. (MYR) ERC 100
The L. E. Myers Company ERC 100
Hawkeye Construction, Inc. ERC 100
MYRcom, Inc. ERC 100
MYRpower, Inc. ERC 100
Great Southwestern Construction, Inc. ERC 100
Harlan Electric Company ERC 100
Sturgeon Electric Company, Inc. ERC 100
ComTel Technology, Inc. ERC 100
Power Piping Company ERC 100
D.W.Close Company, Inc. ERC 100
GPU Diversified Holdings LLC (GPUDH) NUHC 100
GPU Solar, Inc. ERC 50
GPU EnerTech Holdings, Inc. ERC 100
GPU Distributed Power, Inc. ERC 100
Ballard Generation Systems Inc. ERC 12
GPU Power, Inc. (GPU Power) EWG 100
Guaracachi America, Inc. EWG 100
Empresa Guaracachi S.A. EWG 50
EI Barranquilla, Inc. EWG 100
Termobarranquilla, S.A. EWG 28.67
Barranquilla Lease Holding, Inc. EWG 100
Los Amigos Leasing Company, Ltd. EWG 100
EI International EWG 100
GPUI Colombia, Ltda. EWG 100
GPU Power Philippines, Inc. EWG 100
Magellan Utilities Development Corporation EWG 40
Hanover Energy Corporation (Inactive) EWG 100
International Power Advisors, Inc. EWG 100
EI Canada Holding Limited EWG 100
EI Services Canada Limited EWG 100
EI Brooklyn Power Limited EWG 100
EI Brooklyn Investments Limited EWG 100
Brooklyn Energy Limited Partnership EWG 75
NCP Ada Power, Inc. (Inactive) EWG 100
NCP Energy, Inc. EWG 100
Syracuse Orange Partners LP EWG -
GPU Capital, Inc. (GPU Capital) FUCO 100
GPU Electric, Inc. (GPU Electric) FUCO 100
GPU Argentina Holdings, Inc. FUCO 100
GPU Argentina Services S.R.L. FUCO 100
GPU Empresa Distribuidora Electrica FUCO -
Regional, S.A. (EMDERSA) FUCO 100
GPU Australia Holdings, Inc. FUCO 100
VicGas Holdings, Inc. FUCO 100
Victoria Electric Holdings, Inc. FUCO 100
Victoria Electric, Inc. FUCO 100
Austran Holdings, Inc. FUCO 100
GPU International Australia Pty Ltd. FUCO 100
4
Type of
Name of Company Subsidiary % Ownership
--------------- --------- -----------
EI UK Holdings, Inc. FUCO 100
Aquila Sterling Holdings LLC FUCO 20.1*
Avon Energy Partners Holdings FUCO 100
Midlands Electricity plc FUCO 100
UMICO Holdings, Inc. (Inactive) 36
* EI UK Holdings, Inc. owns 50% voting (20.1% economic) interest in Aquila
Sterling Holding LLC.
ERC - Energy Related Activity
ETC - Exempt Telecommunications Company
EWG - Exempt Wholesale Generator
FS - Financing Subsidiary
FUCO - Foreign Utility Company
NUHC - Nonutility Holding Company
RES - Real Estate
US - Utility Subsidiary
6. During the third quarter of 2002, there were no securities (including
guarantees) issued by the FirstEnergy Nonutility Holding Companies and each
Non-Exempt Subsidiary pursuant to Rule 52 or Rule 45(b), as applicable.
7. During the period July 1, 2002 through September 30, 2002, there were no
Anticipatory Hedge transaction entered into by any FirstEnergy Nonutility
Holding Company, or any direct or indirect Non-Exempt Subsidiary of the
Nonutility Holding Company.
5
SIGNATURE
The undersigned registered holding company has duly caused this quarterly
report to be signed on its behalf by the undersigned officer thereunto duly
authorized pursuant to the requirements of the Public Utility Holding Company
Act of 1935.
FIRSTENERGY CORP.
November 26, 2002
By: /s/ Harvey L. Wagner
-------------------------------------
Harvey L. Wagner
Vice President, Controller
and Chief Accounting Officer
(Principal Accounting Officer)
6