UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Teco Energy, Inc.
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(Name of Issuer)
Common Stock, $1.00 par value per share
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(Title of Class of Securities)
872375100
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(CUSIP Number)
November 15, 2007
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(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
disclosures provided in a prior cover page.
The information required on 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).
Page 2 of 7
Schedule 13G
CUSIP NO. 872375100
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1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Manuel Moratiel Llarena
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. Citizenship or Place of Organization
Spain
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Number of 5. Sole Voting Power
Shares 0
Beneficially ----------------------------------------------------------
Owned by 6. Shared Voting Power
Each 12,000,000 shares
Reporting ----------------------------------------------------------
Person With 7. Sole Dispositive Power
0
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8. Shared Dispositive Power
12,000,000 shares
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
12,000,000 shares
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10. Check 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)
5.7%
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12. Type of Reporting Person (See Instructions)
IN
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Page 3 of 7
Schedule 13G
CUSIP NO. 872375100
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1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Pilar Llarena Rey del Castillo
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
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3. SEC USE ONLY
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4. Citizenship or Place of Organization
Spain
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Number of 5. Sole Voting Power
Shares 0
Beneficially ----------------------------------------------------------
Owned by 6. Shared Voting Power
Each 12,000,000 shares
Reporting ----------------------------------------------------------
Person With 7. Sole Dispositive Power
0
----------------------------------------------------------
8. Shared Dispositive Power
12,000,000 shares
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
12,000,000 shares
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10. Check 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)
5.7%
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12. Type of Reporting Person (See Instructions)
IN
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Page 4 of 7
Schedule 13G
CUSIP NO. 872375100
Item 1.
(a) Name of Issuer:
Teco Energy, Inc.
(b) Address of Issuer's Principal Executive Offices:
702 North Franklin Street
Teco Plaza
Tampa, Florida 33602
Item 2.
(a) Name of Person Filing:
(1) Manuel Moratiel Llarena
(2) Pilar Llarena Rey del Castillo
(b) Address of Principal Business Office, if none, Residence:
(1) Calle Alcala, 97
Madrid
C.P: 28001
Spain
(2) Calle Alcala, 97
Madrid
C.P: 28001
Spain
(c) Citizenship:
(1) Spain
(2) Spain
(d) Title of Class of Securities:
Common Stock, $1.00 par value per share
(e) CUSIP Number:
872375100
Page 5 of 7
Schedule 13G
CUSIP NO. 872375100
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) [ ] 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-(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 association 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-(b)(1)(ii)(J).
Not applicable.
Item 4. Ownership
MDR Inversiones S.L. ("MDR"), a Spanish entity that is controlled by
the Reporting Persons, is the direct holder of all 12,000,000 shares of common
stock of the Issuer beneficially held by the Reporting Persons. Manuel Moratiel
Llarena directly owns 1.35% of MDR. MJM Parking S.L., a Spanish entity wholly
owned by Manuel Moratiel Llarena, owns 32.05% of MDR. Pilar Llarena Rey del
Castillo, the mother of Manuel Moratiel Llarena, directly owns 56.6% of MDR (and
may be considered part of a group with Manuel Moratiel Llarena). The remaining
10% of MDR is owned by two of Manuel Moratiel Llarena's sisters.
(a) Amount beneficially owned:
12,000,000 shares
(b) Percent of Class:
5.7%
(c) Number of Shares as to which the person has:
i. Sole power to vote or to direct the vote:
0
ii. Shared power to vote or to direct the vote:
12,000,000
iii. Sole power to dispose or to direct the disposition
of:
0
iv. Shared power to dispose or to direct the disposition
of:
12,000,000
Page 6 of 7
Schedule 13G
CUSIP NO. 872375100
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following.
[ ]
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control
Person
Not applicable.
Item 8. Identification and Classification of Member of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were 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.
Page 7 of 7
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.
Date: November 23, 2007 /s/ Manuel Moratiel Llarena
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Manuel Moratiel Llarena
Date: November 23, 2007 /s/ Pilar Llarena Rey del Castillo
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Pilar Llarena Rey del Castillo