content: Securities and Exchange Commission
  
                        Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 to 15(d) of the
                    Securities Exchange Act 1934
  
  
                    Date of Report June 26, 1995
                  (Date of earliest event reported)
  
  
  
                   California Energy 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                               
  
  
  
  Item 5.  Other Events
  
       On June 26, 1995, the Registrant announced a planned
  offering of $200,000,000 of its Limited Recourse Senior Secured
  Notes Due 2003 as part of a refinancing of certain indebtedness
  incurred in connection with CE's acquisition of Magma Power
  Company in February 1995.  An S-3 Registration Statement for the
  planned offering has been filed with the Securities and Exchange
  Commission.  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 June 26, 1995.
  
  
  
     
                              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.
  
                                California Energy Company, Inc.
  
  
  
                                                                   
                                By: \s\ Douglas L. Anderson        
                                      Douglas L. Anderson
                                      Assistant Secretary
  
  
  
  Dated: June 29, 1995
metadata_documents: [{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2158}]
metadata_filer: {"company-data": {"conformed-name": "CALIFORNIA ENERGY CO INC", "cik": "0000720556", "assigned-sic": "4961", "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": "95550918"}, "business-address": {"street1": "302 SOUTH  36TH ST", "street2": "STE 400", "city": "OMAHA", "state": "NE", "zip": "68131", "phone": "4023308900"}, "mail-address": {"street1": "10831 OLD MILL ROAD", "city": "OMAHA", "state": "NE", "zip": "68154"}}
text: Securities and Exchange Commission
  
                        Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 to 15(d) of the
                    Securities Exchange Act 1934
  
                    Date of Report June 26, 1995
                  (Date of earliest event reported)
  
                   California Energy 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                               
  
  Item 5.  Other Events
  
       On June 26, 1995, the Registrant announced a planned
  offering of $200,000,000 of its Limited Recourse Senior Secured
  Notes Due 2003 as part of a refinancing of certain indebtedness
  incurred in connection with CE's acquisition of Magma Power
  Company in February 1995.  An S-3 Registration Statement for the
  planned offering has been filed with the Securities and Exchange
  Commission.  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 June 26, 1995.
  
     
                              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.
  
                                California Energy Company, Inc.
  
                                                                   
                                By: \s\ Douglas L. Anderson        
                                      Douglas L. Anderson
                                      Assistant Secretary
  
  Dated: June 29, 1995