UNITED STATES

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 4, 2007

EDISON MISSION ENERGY

(Exact name of registrant as specified in its charter)

DELAWARE

 

333-68630

 

95-4031807

(State or other jurisdiction of

 

(Commission file

 

(I.R.S. employer

incorporation)

 

number)

 

identification no.)

 

18101 Von Karman Avenue, Suite 1700

Irvine, California  92612

(Address of principal executive offices, including zip code)

949-752-5588

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




This current report includes forward-looking statements. Edison Mission Energy has based these forward-looking statements on its current expectations and projections about future events based upon knowledge of facts as of the date of this current report and its assumptions about future events. These forward-looking statements are subject to various risks and uncertainties that may be outside Edison Mission Energy’s control. Edison Mission Energy has no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This current report should be read with Edison Mission Energy’s Annual Report on Form 10-K for the year ended December 31, 2006 and Quarterly Report on Form 10-Q for the first quarter of 2007.

Section 1 – Registrant’s Business and Operations

Item 1.01  Entry into a Material Definitive Agreement.

On June 4, 2007, Edison Mission Energy (“EME”) and Suzlon Wind Energy Corporation (“Suzlon”) entered into an agreement with respect to the purchase of 300 wind turbines (totaling 630 MW), together with related services and warranties, for an aggregate price of approximately $698 million. EME may extend the services and warranties for additional payments. The wind turbines are to be delivered in 2008 and 2009. The agreement contains certain delivery schedules and performance guarantees, along with provisions for liquidated damages if those guarantees are not met by Suzlon. EME may terminate the purchase of specified tranches of turbines for convenience; upon such termination, EME would be obligated to pay agreed cancellation fees to Suzlon.(1)


(1) EME expects to request confidential treatment for a number of competitively sensitive terms of this agreement.

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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.

Edison Mission Energy

Date:

June 7, 2007

 

/s/ W. James Scilacci

 

 

 

W. JAMES SCILACCI
Senior Vice President and Chief Financial Officer

 

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