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8-K Filing
DTE Energy (DTE) 8-KCurrent report
Filed: 7 Dec 00, 12:00am
Commission | Exact Name of Registrant | I.R.S. Employer | ||
File Number | as Specified in its Charter | Identification No. | ||
| ||||
1-11607 | DTE Energy Company (a Michigan corporation) 2000 2nd Avenue Detroit, Michigan 48226-1279 313-235-4000 | 38-3217752 | ||
| ||||
1-2198 | The Detroit Edison Company (a Michigan corporation) 2000 2nd Avenue Detroit, Michigan 48226-1279 313-235-8000 | 38-0478650 |
Item 5. Other Events.
On December 5, 2000 The Detroit Edison Company and its wholly-owned subsidiary, International Transmission Company (ITC), entered into a stock subscription agreement. This agreement provides that on January 1, 2001 Detroit Edison will transfer its transmission assets (net book value of approximately $400 million) to ITC in exchange for 59,999 shares of ITC stock.
At the time of the asset transfer, ITC will assume responsibility for Detroit Edison’s transmission business.
Detroit Edison is the principal operating subsidiary of DTE Energy Company.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned, hereunto duly authorized.
DTE ENERGY COMPANY (Registrant) |
By: /s/ N. A. Khouri N. A. Khouri Assistant Treasurer |
THE DETROIT EDISON COMPANY (Registrant) |
By: /s/ Daniel G. Brudzynski Daniel G. Brudzynski Assistant Vice President and Controller |
Date: December 7, 2000
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