content: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act 1934
  
  
                   Date of Report January 5, 1998
                 (Date of earliest event reported)
  
  
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
  
  
      Delaware                     1-9874
  94-2213782
  (State of other          (Commission File              (IRS
  Employer
   jurisdiction of                Number)
  Identification No.)
   incorporation)
  
  
  
   302 South 36th Street, Suite 400,                 Omaha, NE
  68131             (Address of principal executive offices)
  Zip Code
  
  
  
  
  Registrant's Telephone Number, including area code:    (402) 341-
  4500
  
  
  
  
                                N/A
   (Former name or former address, if changed since last report)
  
  
  
  Item 5.  Other Events
  
       On January 5, 1998, the Registrant announced that it had
  completed the previously announced acquisition of all of the
  interests of Kiewit Diversified Group Inc. ("KDG") in the various
  international power generation projects and the 30% interest in
  Northern Electric plc, which are jointly owned with the
  Registrant and managed by the Registrant as well as the
  repurchase of all of KDG's outstanding ownership interests in the
  Registrant's Common Stock (20,231,065 shares).  A copy of the
  press release issued by the Registrant is set forth as Exhibit 1
  hereto and is incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
  Exhibit 1 - Press Release dated January 5, 1998.
  
                             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 hereunto duly authorized.
  
                           CalEnergy Company, Inc.
  
  
  
  
  By: \s\ Steven A. McArthur
  Steven A. McArthur
                                Senior Vice President,
                                General Counsel and Secretary
  
  
  
  
  
  Dated: January 16, 1998
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2167}]
metadata_filer: {"company-data": {"conformed-name": "CALENERGY CO INC", "cik": "0000720556", "assigned-sic": "4991", "irs-number": "942213782", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09874", "film-number": "98508658"}, "business-address": {"street1": "302 S 36TH ST", "street2": "STE 400", "city": "OMAHA", "state": "NE", "zip": "68131", "phone": "4023414500"}, "mail-address": {"street1": "302 SOUTH 36TH STREET", "street2": "SUITE 400-A", "city": "OMAHA", "state": "NE", "zip": "68131"}, "former-company": {"former-conformed-name": "CALIFORNIA ENERGY CO INC", "date-changed": "19920703"}}
text: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act 1934
  
                   Date of Report January 5, 1998
                 (Date of earliest event reported)
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
      Delaware                     1-9874
  94-2213782
  (State of other          (Commission File              (IRS
  Employer
   jurisdiction of                Number)
  Identification No.)
   incorporation)
  
   302 South 36th Street, Suite 400,                 Omaha, NE
  68131             (Address of principal executive offices)
  Zip Code
  
  Registrant's Telephone Number, including area code:    (402) 341-
  4500
  
                                N/A
   (Former name or former address, if changed since last report)
  
  Item 5.  Other Events
  
       On January 5, 1998, the Registrant announced that it had
  completed the previously announced acquisition of all of the
  interests of Kiewit Diversified Group Inc. ("KDG") in the various
  international power generation projects and the 30% interest in
  Northern Electric plc, which are jointly owned with the
  Registrant and managed by the Registrant as well as the
  repurchase of all of KDG's outstanding ownership interests in the
  Registrant's Common Stock (20,231,065 shares).  A copy of the
  press release issued by the Registrant is set forth as Exhibit 1
  hereto and is incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
  Exhibit 1 - Press Release dated January 5, 1998.
  
                             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 hereunto duly authorized.
  
                           CalEnergy Company, Inc.
  
  By: \s\ Steven A. McArthur
  Steven A. McArthur
                                Senior Vice President,
                                General Counsel and Secretary
  
  Dated: January 16, 1998