98-25375. MidAmerican Energy Company and MidAmerican Energy Holdings Company; Notice of Application for Approval of Merger

[Federal Register Volume 63, Number 184 (Wednesday, September 23, 1998)]
[Notices]
[Page 50895]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25375]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. EC98-63-000]


MidAmerican Energy Company and MidAmerican Energy Holdings 
Company; Notice of Application for Approval of Merger

September 17, 1998.
    Take notice that on September 14, 1998, MidAmerican Energy Company 
and MidAmerican Energy Holdings Company (MidAmerican Holdings) tendered 
for filing an application pursuant to Section 203 of the Federal Power 
Act and Part 33 of the Regulations of the Federal Energy Regulatory 
Commission for an order authorizing and approving the merger of 
MidAmerican Holdings and CalEnergy Company, Inc. (the Merger). 
Applicants have requested Commission approval of the Merger by the end 
of 1998.
    Pursuant to the terms of the Agreement and Plan of Merger dated as 
of August 11, 1998, MidAmerican Holdings will merge with and into a 
special purpose, wholly-owned subsidiary of CalEnergy, MAVH, Inc., 
which is an Iowa corporation, with MidAmerican Holdings to be the 
surviving corporation. Each issued and outstanding share of MidAmerican 
Holdings will be cancelled upon consummation of the Merger and 
converted to the right of the holder thereof to receive $27.15. Each 
share of MAVH, Inc. will be converted into one share of the surviving 
corporation, MidAmerican Holdings. As a result of the Merger, 
MidAmerican Holdings will become a wholly-owned subsidiary of 
CalEnergy, which, immediately prior to the Merger, will reincorporate 
in the State of Iowa and be renamed MidAmerican Energy Holdings 
Company.
    Any person desiring to be heard or to protest such filing should 
file a motion to intervene or protest with the Federal Energy 
Regulatory Commission, 888 First Street, NE, Washington, DC 20426, in 
accordance with Rules 211 and 214 of the Commission's Rules of Practice 
and Procedure (18 CFR 385.211 and 385.214). All such motions and 
protests should be filed on or before November 16, 1998. Protests will 
be considered by the Commission to determine the appropriate action to 
be taken, but will not serve to make protestants parties to the 
proceedings. Any person wishing to become a party must file a motion to 
intervene. Copies of this filing are on file with the Commission and 
are available for public inspection.
David P. Boergers,
Secretary.
[FR Doc. 98-25375 Filed 9-22-98; 8:45 am]
BILLING CODE 6717-01-M