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 October 9, 1997
                 (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 October 9, 1997, the Registrant announced that Duff
  & Phelps Credit Rating Co. has assigned a BBB- investment
  grade credit rating to the Registrant's senior unsecured
  debt.
  
  Item 7.  Financial Statements and Exhibits
  
  Exhibit 1 - Press Release dated October 9, 1997
  
                             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\ Douglas L. Anderson
                                     Douglas L. Anderson
                                     Assistant General Counsel
                                     and Assistant Secretary
  
  
  
  
  
  Dated: October 9, 1997
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 1849}]
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": "97692900"}, "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 October 9, 1997
                 (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 October 9, 1997, the Registrant announced that Duff
  & Phelps Credit Rating Co. has assigned a BBB- investment
  grade credit rating to the Registrant's senior unsecured
  debt.
  
  Item 7.  Financial Statements and Exhibits
  
  Exhibit 1 - Press Release dated October 9, 1997
  
                             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\ Douglas L. Anderson
                                     Douglas L. Anderson
                                     Assistant General Counsel
                                     and Assistant Secretary
  
  Dated: October 9, 1997