SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 24, 1997 (June 24, 1997)
UTILICORP UNITED INC.
(Exact name of registrant as specified in charter)
DELAWARE 1-3562 44-0541877
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
20 West 9th , Kansas City, Missouri 64105
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (816) 421-6600
(Former name of former address, if changed since last report) NOT APPLICABLE
ITEM 5. OTHER EVENTS.
On June 24, 1997, PECO Energy Company (PECO) and UtiliCorp United Inc.,
(UtiliCorp) announced the formation of EnergyOne, LLC (E1P), a limited liability
company, that was formed to sell branded energy commodities and other products
and services to participating utilities to deliver to their local customers.
E1P will support participating utilities with order processing, billing,
information processing, marketing and customer service. PECO and UtiliCorp each
holds a 50 percent ownership interest in E1P as well as being E1P's initial
distributors of E1P products and services.
E1P is structured to earn fees from franchise, royalty and transaction fees from
participating distributors and suppliers including fees from PECO and
UtiliCorp. PECO and UtiliCorp contributed a total of approximately $22 million
to capitalize E1P.
SIGNATURES
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.
UtiliCorp United Inc.
By: /s/ James S. Brook
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James S. Brook
Vice President and Controller
Date: June 24, 1997