EXHIBIT 21.1
CECI SUBSIDIARIES
Coso Hotsprings Intermountain Power, Inc. (CHIP)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Coso Energy Developers (CED)
Formed in California
General Partnership: 48% CHIP; 52% Caithness Coso
Holdings, L.P.
China Lake Operating Co. (CLOC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Coso Finance Partners (CFP)
Formed in California
General Partnership: 46.3% owned by CLOC;
53.7% ownedby ESCA I, L.P.
Coso Technology Corporation (CTC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Coso Power Developers (CPD)
Formed in California
General Partnership: 50% owned by CTC; 50% by
CaithnessNavy II Group, L.P.
Coso Funding Corp. (CFC)
Incorporated in Delaware
General Partnership: Owned 33% by CFP; 35% by CPD; 32% by CED
Coso Transmission Line Partners (CTLP)
Formed in California
General Partnership: Owned 50% by CED; 50% by CPD
China Lake Geothermal Management Company (CLGMC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Coso Finance Partners II (CFP II)
Formed in California
General Partnership: Owned 50% by CLGMC, 50% by ESCA II,L.P.
China Lake Plant Services, Inc. (CLPSI)
Incorporated in California
Capital Stock: Owned 100% by CECI
Coso Land Company (CLC)
Formed in California
General Partnership: Owned 50% by CECI; 50% by
CaithnessGeothermal 1980, Ltd.
China Lake Joint Venture (CLJV)
Formed in California
General Partnership: Owned 50% by CECI; 50% by Caithness
Geothermal 1980, Ltd.
Coso Geothermal Company (CGC)
Formed in California
General Partnership: Owned 50% by CLC; 16% by CECI
Coso Hotsprings Overland Power, Inc. (CHOP)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE Geothermal, Inc. (CEG)
Incorporated in Delaware
Capital Stock: Owned by 100% by CECI
Western States Geothermal Company (WSG)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Intermountain Geothermal Company (IGC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE CIS-FSU, Inc. (CCF)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
California Energy Development Corporation (CEDC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
California Energy Yuma Corporation (CEYC)
Incorporated in Utah
Capital Stock: Owned 100% by CEDC
Yuma Cogeneration Associates (YCA)
Formed in Utah
General Partnership: Owned 50% by CEDC; 50% By CEYC
Rose Valley Properties, Inc. (RVP)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
The Ben Holt Co. (BHC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CBE Engineering Co. (CBC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
Kennebec Construction, Co. (KCC)
Incorporated in California
Capital Stock: Owned 100% by BHC
The Ben Holt International Co., Inc. (BHIC)
Incorporated in Delaware
Capital Stock: Owned 100% by BHC
CE Exploration Company (CEX)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE Newberry, Inc. (CEN)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE Humboldt, Inc. (CEH)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
California Energy International Services, Inc. (CEISI)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
American Pacific Finance Company (APFC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
California Energy General Corporation (CEGC)
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE Acquisition Company, Inc.
Incorporated in Delaware
Capital Stock: Owned 100% by CECI
CE International Investments Ltd. (CEII)
Incorporated in Bermuda
Capital Stock: Owned 100% by CECI
CE Mahanagdong Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
CE Luzon Geothermal Power Company, Inc.
Incorporated in the Philippines
Capital Stock: Owned 50% by CE Mahanagdong Ltd.;
50% by Kiewit Energy International (Bermuda) Ltd; an
industrial company has the right to acquire 10% of the
equity - 5% from CE Mahanagdong Ltd. and 5% from Kiewit
Energy International (Bermuda) Ltd.
CE Philippines Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
Ormat Cebu Ltd.
Incorporated in Bermuda
Capital Stock: Owned 48% by CEII; 52% by CE Philippines Ltd.
CE Cebu Geothermal Power Company, Inc.
Incorporated in the Philippines
Capital Stock: Owned 52% by Ormat Cebu Ltd.; 48% by CE
Philippines Ltd.
CE Indonesia Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
Himpurna California Energy Ltd.
Incorporated in Bermuda
Capital Stock: Owned 90% by CE Indonesia Ltd., 10% by
P.T. Himpurna Enersindo Abadi; California Energy International
Ltd. has an option to acquire an interest in P.T. Himpurna or its project
company shares equal to up to 4% of the project company; under the Joint
Operating Contract, Pertamina has certain rights to acquire up to 25% interest
in the Joint Operating Contract, but not under the Energy Sales Contract.
CE Colombia Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
Bali Energy Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CE Bali Ltd. (P.T.Pandanwangi
Sekartaji has the right to purchase up to 40% of the equity for this project)
CE Casecnan Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
CE Latin America Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
Patuha Power, Ltd.
Incorporated in Bermuda
Capital Stock: Owned 90% by CE Singapore Ltd.; 10% by P.T.
Enersindo Supra Abadi, P.T. Enersindo Supra Abadi has the right to acquire an
additional 20% of the project equity in certain circumstances and for a limited
time; under the Joint Operating Contract, Pertamina has certain rights to
acquire up to a 25% interest in the Joint Operating Contract, but not under the
Energy Sales Agreement.
CE Singapore Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
California Energy International Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
CE Casecnan Water and Energy Company, Inc.
Incorporated in the Philippines
Capital Stock: Owned 100% by CE Casecnan Ltd.; LaPrairie Group
Contractors (International) Ltd. and San Lorenzo Ruiz Builders & Developers
Group, Inc. each are entitled to a 15% equity interest
CE Bali Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
CE Ijen Ltd.
Incorporated in Bermuda
Capital Stock: Owned 100% by CEII
Kiewit Joint Venture Agreement
Nebraska Contractual Joint Venture
Parent has a right to 50% of covered international projects;
Kiewit Diversified Group, Inc. and Kiewit Construction Group, Inc. have a right
to a 50% participation in covered projects
Certain of CECI's subsidiaries recently formed in Bermuda as offshore
holding companies have not yet been fully capitalized, the capitalization of
which taken together would not have a material adverse effect on CECI's results
of operations.