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FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Quarterly Report under Section 13 or 15(d)
of the Securities Exchange Act of 1934
For Quarter Ended June 30, 2000
Commission File Number 1-267
ALLEGHENY ENERGY, INC.
(Exact name of registrant as specified in its charter)
Maryland 13-5531602
(State of Incorporation) (I.R.S. Employer Identification No.)
10435 Downsville Pike, Hagerstown, Maryland 21740-1766
Telephone Number - 301-790-3400
The registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months and (2) has been subject to such filing
requirements for the past 90 days.
At August 14, 2000, 110,436,317 shares of the Common Stock ($1.25
par value) of the registrant were outstanding.
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ALLEGHENY ENERGY, INC.
Form 10-Q/A for Quarter Ended June 30, 2000
Note:
Allegheny Energy, Inc. hereby amends its report on Form 10-Q for
the Quarterly Period ended June 30, 2000 filed with the Securities and
Exchange Commission on August 14, 2000. The purpose of this amendment
is to include the computation in support of Ratio of Earnings to Fixed
Charges in Part II-Other Information Item 6 Exhibits and Report on Form
8-K.
There were no other changes to the Form 10-Q as filed on August
14, 2000. Part II-Other Information has been reissued in its entirety
to reflect this change.
Index
Page
No.
PART II--OTHER INFORMATION 3-5
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ALLEGHENY ENERGY, INC.
Part II - Other Information to Form 10-Q
for Quarter Ended June 30, 2000
ITEM 1. LEGAL PROCEEDINGS
As previously reported, on May 17, 2000, the United States Court
of Appeals for the Third Circuit affirmed the decision of the United
States District Court for the Western District of Pennsylvania which
had found that DQE, Inc. did not breach the April 1, 1997 Agreement and
Plan of Merger and had granted judgment in favor of DQE, Inc. on all
claims and all requests for injunctive relief.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS
(a) Date and kind of meeting:
At the annual meeting of stockholders held on May 11, 2000, votes
were taken for the election of directors, the approval of the
appointment of PricewaterhouseCoopers LLP as independent accountants,
the issuance of a report to shareholders on greenhouse gas emissions,
and the approval by shareholders of golden parachutes above a certain
amount. The total number of votes cast in the election for directors
was 85,513,219 with the following results:
Nominees for Director Votes For Votes Withheld
Wendell F. Holland 80,507,026 5,006,193
Gunnar E. Sarsten 80,507,243 5,005,976
These are the results on the other votes:
Votes For Votes Against Abstentions
Approval of independent
accountants 84,689,203 384,218 439,798
Shareholder proposal
regarding
the issuance of a report to
shareholders regarding 5,751,910 59,066,566 7,075,341
greenhouse gas emissions
Shareholder proposal
regarding
the approval by
shareholders 25,558,725 41,802,635 4,535,656
of golden parachutes above
a certain amount
The shareholders approved the company's independent accountants.
The shareholders did not approve the shareholder proposals regarding
global warming or golden parachutes.
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ITEM 5. OTHER
On July 13, 2000, the Company's unregulated telecommunications
subsidiary, Allegheny Communications Connect, Inc. (Allegheny
Communications), announced that it has sold 50 percent ownership in
Allegheny Hyperion Telecommunications, LLC, to Adelphia Business
Solutions (Adelphia) for 330,000 shares of Adelphia's Class A Common
Stock.
The Pennsylvania Public Utility Commission, Department of Justice,
and Federal Trade Commission have approved the stock transaction.
Allegheny Communications Connect is working with Adelphia to
install 700 route miles of fiber optic lines throughout western
Pennsylvania, northern Virginia, western and central Maryland, and
northern Virginia. By year-end, Allegheny Communications Connect will
have more than 1,300 route miles of fiber in its network.
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits:
(12) Computation in Support of Ratio of Earnings to Fixed Charges
(27) Financial Data Schedule
(b) Form 8-K Reporting Date - May 17, 2000.
Items reported: Other Events
Item 5 - Decision of U. S. Court of Appeals for Third Circuit
affirming lower court's finding in favor of DQE, Inc.
Form 8-K Reporting Date - May 19, 2000.
Items reported:
Item 5 - Other Events
Allegheny Energy announced signing a definitive agreement to
purchase Conemaugh generating station.
Exhibit 99 - Press release issued May 19, 2000 relating
to Purchase.
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Signature
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
ALLEGHENY ENERGY, INC.
/s/ T. J. KLOC
T. J. Kloc, Vice President
and Controller
(Chief Accounting Officer)
August 17, 2000