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):

April 17, 2015

 

 

TECO ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Florida		1-8180		59-2052286
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer identification No.)

702 N. Franklin Street, Tampa, Florida 33602

(Address of principal executive offices) (Zip code)

Registrant’s telephone number, including area code: (813) 228-1111

 

 

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:

 

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

 

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

 

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

 

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

 

 

 

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Section 1 – Registrant’s Business and Operations

Item 1.01: Amendment of a Material Definitive Agreement

On April 17, 2015, TECO Diversified, Inc. (“Seller”), a wholly-owned subsidiary of TECO Energy, Inc., entered into an amendment (the “Amendment”) to the Securities Purchase Agreement dated as of October 17, 2014, as amended (the “SPA”), with Cambrian Coal Corporation (“Buyer”). As previously reported, the SPA relates to the sale of all of the ownership interest in TECO Coal LLC (“TECO Coal”) to Cambrian Coal Corporation, and was subject to termination by either party if specified closing conditions, including the purchaser’s obtaining financing in order to pay a portion of the purchase price, were not met by April 24, 2015. The Amendment extends this date and provides that the SPA, as amended, is subject to termination by either party if the specified closing conditions are not met by June 5, 2015.

On April 20, 2015, the Company issued a press release regarding the Amendment described above, which is attached as Exhibit 99.1 to this report.

Section 9 – Financial Statements and Exhibits

Item 9.01: Financial Statements and Exhibits

 

(d)

Exhibits

 

99.1		Press release dated April 20, 2015.

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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 hereunto duly authorized.

 

Date: April 20, 2015						TECO ENERGY, INC.
						(Registrant)
				By:		/s/ Charles A. Attal III
						Charles A. Attal III
						Senior Vice President-General Counsel
						and Chief Legal Officer

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Exhibit Index

 

Exhibit No.		Description of Exhibits
99.1		Press release dated April 20, 2015.