As filed with the Securities and Exchange Commission on May 15, 2000
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 - MAY 12, 2000
Commission Registrant, State of Incorporation I.R.S. Employer
File Number Address and Telephone Number Identification No.
- ----------- ------------------------------------- ------------------
0-25595 NIAGARA MOHAWK HOLDINGS, INC. 16-1549726
(a New York corporation)
300 Erie Boulevard West
Syracuse, New York 13202
Telephone 315-474-1511
1-2987 NIAGARA MOHAWK POWER CORPORATION 15-0265555
(a New York corporation)
300 Erie Boulevard West
Syracuse, New York 13202
Telephone 315-474-1511
Item 5. Other Events
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(a) On May 12, 2000, Niagara Mohawk Power Corporation issued a press release
regarding the termination of its June 24, 1999 agreement with AmerGen
Energy Co. to sell its ownership of Nine Mile Point Units 1 and 2 nuclear
plants (Exhibit No. 99-1).
(b) On May 12, 2000, Niagara Mohawk Power Corporation issued a press
release relating to the closing on the sale of its Albany oil and
gas-fired electric generation station. See press release attached
(Exhibit No. 99-2).
(c) On May 12, 2000, Niagara Mohawk Power Corporation closed on the
issuance of $200 million, 8-7/8 percent series senior notes due May
15, 2007. The senior notes will have an effective rate of 8.919 percent
and are optionally redeemable in whole or in part at any time.
Item 7. Financial Statements and Exhibits
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Exhibits - Following is the list of Exhibits furnished in accordance with
the provisions of Item 601 of Regulation S-K, filed as part of this current
report on Form 8-K.
Exhibit No. 99-1 - Press release issued on May 12, 2000 regarding the
termination of its June 24, 1999 agreement with AmerGen Energy Co. to sell its
ownership of Nine Mile Point Units 1 and 2 nuclear plants.
Exhibit No. 99-2 - Press release issued on May 12, 2000 by Niagara Mohawk Power
Corporation relating to the closing on the sale of its Albany oil and gas-fired
electric generation station.
NIAGARA MOHAWK HOLDINGS, INC. AND SUBSIDIARY COMPANIES
SIGNATURE
---------
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 thereunto duly authorized.
NIAGARA MOHAWK HOLDINGS, INC.
-----------------------------
(Registrant)
Date: May 15, 2000 By: /s/Steven W. Tasker
-----------------------------
Steven W. Tasker
Vice President-Controller and
Principal Accounting Officer,
in his respective capacities
as such
NIAGARA MOHAWK POWER CORPORATION
--------------------------------
(Registrant)
Date: May 15, 2000 By: /s/Steven W. Tasker
-----------------------------
Steven W. Tasker
Vice President-Controller and
Principal Accounting Officer,
in his respective capacities
as such
EXHIBIT INDEX
-------------
Following is the index of Exhibits furnished in accordance with the provisions
of Item 601 of Regulation S-K, filed as part of this current report on
Form 8-K.
Exhibit No. 99-1 - Press release issued on May 12, 2000 regarding the
termination of its June 24, 1999 agreement with AmerGen Energy Co. to sell its
ownership of Nine Mile Point Units 1 and 2 nuclear plants.
Exhibit No. 99-2 - Press release issued on May 12, 2000 by Niagara Mohawk Power
Corporation relating to the closing on the sale of its Albany oil and gas-fired
electric generation station.