UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
UNISOURCE ENERGY CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
909205106
(CUSIP Number)
JANUARY 23, 2008
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS
FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB
CONTROL NUMBER.
SEC 1745 (12-02)
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CUSIP No. 909205106 13G Page 2 of 6 Pages
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1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
LUMINUS MANAGEMENT, LLC
04-3631528
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2.
CHECK THE APPROPRIATE BOX IF A GROUP* (a)
(b) |X|
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3. SEC USE ONLY
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4.
CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES OF AMERICA
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NUMBER OF 5.
SHARES SOLE VOTING POWER 2,144,877
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BENEFICIALLY 6.
OWNED BY SHARED VOTING POWER 0
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EACH 7.
REPORTING SOLE DISPOSITIVE POWER 2,144,877
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PERSON WITH: 8.
SHARED DISPOSTIVE POWER 0
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9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,144,877
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10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.07 %
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12.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IA
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CUSIP No. 909205106 13G Page 3 of 6 Pages
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ITEM 1.
(a) Name of Issuer: UNISOURCE ENERGY CORPORAITON
ONE SOUTH CHURCH AVENUE, SUITE 100
(b) Address of Issuer's Principal Executive Offices: TUCSON, AZ 85701
ITEM 2.
(a) Name of Person Filing: LUMINUS MANAGEMENT, LLC
(b) Address of Principal Business Office or, if none, Residence:
1700 BROADWAY, 38TH FLOOR NEW YORK, NY 10019
(c) Citizenship: DELAWARE, USA
(d) Title of Class of Securities: COMMON STOCK
(e) CUSIP Number: 909205106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS.240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940
(15 U.S.C 80a-8).
(e) [x] An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with ss. 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance
Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under
section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
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CUSIP No. 909205106 13G Page 4 of 6 Pages
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ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
This statement is being filed by Luminus
Management, LLC, a Delaware limited liability
company (the "Investment Manager"), which
serves as the investment manager to Luminus
Asset Partners, L.P. and Luminus Energy
Partners Master Fund, Ltd. (collectively the
"Funds") with respect to the shares of Common
(a) Amount beneficially owned: Stock (as defined in Item 2(d)) held by the
Funds. As of February 1, 2008, Luminus
Management, LLC beneficially owned 2,144,877
shares of Common Stock of UniSource Energy
Corporation, which amount includes (i)
746,277 shares held by Luminus Asset
Partners, L.P. and (ii) 1,398,600 shares held
by Luminus Energy Partners Master Fund, Ltd.
6.07% beneficially owned by Luminus
Management, LLC. Calculation of percentage of
beneficial ownership is based on the
(b) Percent of class: 35,338,420 shares of Issuer's Common Stock
outstanding as reported by the Issuer on its
Quarterly Report filed on November 2, 2007,
on Form 10-Q for the quarter ended September
30, 2007.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
2,144,877
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition
of: 2,144,877
(iv) Shared power to dispose or to direct the disposition
of: 0
ITEM 5-9 Not Applicable
Filing of this statement by the Reporting Person shall not be deemed an
admission that they beneficially own the securities reported herein as held in
customer accounts at Luminus Management, LLC or by the Funds. The Reporting
Person expressly disclaims beneficial ownership of all securities held in such
customer accounts or by the Funds. No single client's interest as reported in
the customer accounts at Luminus Management, LLC exceeds 5% of the outstanding
Common Stock of the Issuer.
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CUSIP No. 909205106 13G Page 5 of 6 Pages
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ITEM 10. CERTIFICATION
The following certification shall be included if the statement
is filed pursuant to ss.240.13d-1(b):
By signing below I certify that, to the best
of my knowledge and belief, the securities
referred to above were acquired and are held
in the ordinary course of business and were
(a) not acquired and are not held for the purpose
of or with the effect of changing or
influencing the control of the issuer of the
securities and were not acquired and are not
held in connection with or as a participant
in any transaction having that purpose or
effect. [X]
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CUSIP No. 909205106 13G Page 6 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
FEBRUARY 1, 2008
----------------
Date
/S/ PAUL SEGAL
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Signature
PAUL SEGAL, PRESIDENT
Name/Title
The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative. If the statement is signed
on behalf of a person by his authorized representative other than an executive
officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. SEE ss.240.13d-7 for other
parties for whom copies are to be sent.
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)