UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C. 20549

                                   FORM 10 QSB

            Quarterly Report Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


            For the quarterly period ended           March 31, 2000

            Commission file Number                   0-24989


                          AMERICAS POWER PARTNERS, INC.

             (Exact Name of Registrant as Specified in its Charter)


                                     COLORADO
                (State or Other Jurisdiction of Incorporation)



                0-24989                                36-4288975
        (Commission File Number)         (I.R.S. Employer Identification Number)

   105 East First Street, Hinsdale, IL                   60521
(Address of Principal Executive Offices)               (Zip code)


                                  (630) 325-9101
             (Registrant's Telephone Number, Including Area Code)


                               CHUHAK & TECSON, P.C.
                      225 WEST WASHINGTON STREET, SUITE 1300
                              CHICAGO, IL 60606-3418
             ---------------------------------------------------
                     (Name and Address of agent for service)

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Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                         YES [X]        NO [ ]


Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practical
date:

Common Stock, No Par Value - 8,499,600 shares as of March 31,
2000.

Transitional Small Business Disclosure Format:

                         YES [X]        NO [ ]


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                           FORWARD LOOKING STATEMENTS

             ---------------------------------------------------

THIS FORM 10-QSB AND OTHER STATEMENTS ISSUED OR MADE FROM TIME TO TIME BY
AMERICAS POWER PARTNERS, INC. (HEREINAFTER REFERRED TO AS "APPI"AND/OR
"COMPANY" AND/OR "REGISTRANT") OR ITS REPRESENTATIVES CONTAIN STATEMENTS
WHICH MAY CONSTITUTE "FORWARD-LOOKING STATEMENTS" WITHIN THE MEANING OF
THE SECURITIES ACT OF 1933 AND THE SECURITIES EXCHANGE ACT OF 1934, AS
AMENDED BY THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, FIFTEEN
U.S.C.A. SECTIONS 77Z-2 AND 78U-5 (SUPP. 1996). THOSE STATEMENTS INCLUDE
STATEMENTS REGARDING THE INTENT, BELIEF OR CURRENT EXPECTATIONS OF APPI
AND MEMBERS OF ITS MANAGEMENT TEAM AS WELL AS THE ASSUMPTIONS
ON WHICH SUCH STATEMENTS ARE BASED.

PROSPECTIVE INVESTORS ARE CAUTIONED THAT ANY SUCH FORWARD-LOOKING
STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND INVOLVE RISKS
AND UNCERTAINTIES, AND THAT ACTUAL RESULTS MAY DIFFER MATERIALLY FROM
THOSE CONTEMPLATED BY SUCH FORWARD-LOOKING STATEMENTS. IMPORTANT
FACTORS CURRENTLY KNOWN TO MANAGEMENT THAT COULD CAUSE ACTUAL RESULTS TO
DIFFER MATERIALLY FROM THOSE IN FORWARD-LOOKING STATEMENTS ARE SET FORTH
IN THE SAFE HARBOR COMPLIANCE STATEMENT FOR FORWARD-LOOKING STATEMENTS
INCLUDED AS EXHIBIT 99.1 TO THIS FORM 10-QSB, AND ARE HEREBY INCORPORATED
HEREIN BY REFERENCE. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR
REVISE FORWARD-LOOKING STATEMENTS TO REFLECT CHANGED ASSUMPTIONS, THE
OCCURRENCE OF UNANTICIPATED EVENTS OR CHANGES TO FUTURE OPERATING RESULTS
OVER TIME.

--------------------------------------------------------------------------------

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                       PART I - FINANCIAL INFORMATION


ITEM 1.  FINANCIAL STATEMENTS


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                        AMERICAS POWER PARTNERS, INC.

                            FINANCIAL STATEMENTS

                          FOR THE NINE MONTHS ENDED

                               MARCH 31, 2000


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                        AMERICAS POWER PARTNERS, INC.

                                BALANCE SHEET
                                March 31, 1999

                                    ASSETS

CURRENT ASSETS
    Cash                                             $1,777,754
    Accounts receivable                                  62,499
    Due from related parties                             34,515
    Prepaid expenses                                     76,708
          TOTAL CURRENT ASSETS                        1,951,476

PROPERTY AND EQUIPMENT
    Computer equipment                                   47,144
    Office equipment                                      2,600
                                                         49,744
    Less accumulated depreciation                        (3,297)
          TOTAL PROPERTY AND EQUIPMENT                   46,447

OTHER ASSET
    Security deposit                                      7,770
          TOTAL ASSETS                               $2,005,693


                     LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
    Accounts payable                                 $  158,119
    Accrued expenses                                     96,488
    Advance from related party                           10,000
    Deferred revenue on maintenance agreement            32,060
    Current maturities of capital leases                  8,546
          TOTAL CURRENT LIABILITIES                     305,213

CAPITAL LEASES - net of current maturities               16,153

STOCKHOLDERS' EQUITY
     Common Stock, no par value
       40,000,000 Shares authorized, 8,499,600
       shares issued and outstanding                  1,307,700
     Preferred Stock, no par value,
        10,000,000 Shares authorized;
        2,725,000 Series A authorized,
        2,709,519 shares issued and outstanding       3,000,000
     Retained earnings (deficit)                     (2,623,373)

TOTAL STOCKHOLDERS' EQUITY                            1,684,327
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY           $2,005,693

See accompanying Notes to Financial Statements.

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                        AMERICAS POWER PARTNERS, INC.
                          STATEMENTS OF OPERATIONS

        For the Periods of Nine and Three Months ended March 31, 2000


                                          Nine Months           Three Months
                                          Ended                 Ended
                                          March 31, 2000        March 31, 2000


Contract revenues                         $    30,437           $    30,437
Cost of client services                        32,437                32,437
     Gross profit                              (2,000)               (2,000)

Costs and expenses:
   Management fee                             533,812               215,764
   Consulting fee                             505,770               385,770
   Other professional fees                    288,861               135,992
   General and administrative                 743,252               388,844

     Total expenses                         2,071,695             1,126,370

Interest income                               (19,034)              (17,772)
Interest expense                                1,528                   183
     Total interest (income) expense          (17,506)              (17,589)

     NET LOSS                             ($2,056,189)          ($1,110,781)

Net loss per share                             ($0.29)                ($.13)

Weighted average number of
 common shares outstanding                  7,165,882             8,332,628

See accompanying Notes to Financial Statements

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                        AMERICAS POWER PARTNERS, INC.
                           STATEMENTS OF CASH FLOWS
        For the Periods of Nine and Three Months ended March 31, 2000


                                          Nine Months           Three Months
                                          Ended                 Ended
                                          March 31, 2000        March 31, 2000

Cash Flows from Operating Activities:
    Net loss                              ($2,056,189)          ($1,110,781)
    Adjustments to reconcile net loss to
      net cash provided by (used in)
      operating activities:
     Provision for depreciation and
      amortization                              3,297                 2,770
        Change in accounts receivable         (62,499)              (62,499)
        Change in prepaid expense             (44,521)               (9,982)
        Change in accounts payable             40,627                24,051
        Change in accrued expenses             81,936               (50,252)
        Change in deferred revenues            32,060                32,060
        Total adjustments                      50,900               (63,852)
    Net cash (used in)
     operating activities                  (2,005,289)           (1,174,633)

Cash Flow from Investing Activities:
   Purchase of equipment                      (22,168)               (9,112)
   Decrease (increase) in
    security deposit                           (7,770)                5,940

   Net cash (used in)
    investing activities                      (29,938)               (3,172)

Cash Flow from Financing Activities:
    Increase in advances to
     related parties                          (34,515)              (34,515)
    Proceeds from issuance of
     Common Stock                             551,350               175,100
    Proceeds from issuance of
     Preferred Stock                        3,000,000             3,000,000
    Proceeds (payment) of
     related party loans                       10,000               (57,000)
    Principal payments on
     insurance financing                      (17,635)              (10,729)
    Decrease in investor advances                   -              (250,000)
    Principal payments on
     long-term debt                            (2,877)              (14,055)

   Net cash provided by
    financing activities                    3,506,323             2,808,801

Net Increase in Cash                        1,471,096             1,630,996

Cash at beginning of period                   306,658               146,758

CASH AT END OF PERIOD                     $ 1,777,754            $1,777,754


See accompanying Notes to Financial Statements

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                        AMERICAS POWER PARTNERS, INC.
                        NOTES TO FINANCIAL STATEMENTS
                               March 31, 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a)     Nature of the Business and Development Stage Activities

The Company has been in the development stage since its inception on January
27, 1998.  During the period of three months ended March 31, 2000, the Company
emerged from its development stage with the signing of two client contracts,
billings under these contracts, and the raising of additional capital through
a private placement Preferred Stock offering.

The Company was formed to develop, optimize, own and operate power plant
systems (steam, electric, compressed air, water, waste water and condensate
return) for industrial and commercial clients.  The Company has formed
strategic alliances with two recognized energy companies in the areas of power
plant optimization, operations and maintenance, fuel supply, and electric
power marketing. These two strategic relationships bring key skill sets to the
development process, as well as a steady flow of project opportunities from
their established client base.  The Company will generate revenue primarily
from fees produced from structuring and financing these energy projects.

The company is prepared to participate in the private energy market through
two distinct avenues, namely, financing upgrades, or purchasing powerhouse
assets and selling utilities back to clients through long-term contracts.

(b) Basis of Presentation

The financial information presented in the accompanying financial statements
reflects all adjustments (consisting solely of normal recurring adjustments)
which are, in the opinion of management, necessary for a fair statement of
results for the interim periods.  See Note 2 of Notes to Financial
Statements.  Results shown for interim periods are not necessarily indicative
of the results for a full fiscal year. The interim financial statements should
be read in conjunction with the audited financial statements and notes thereto
included in the Company's Form SB-1, filed March 28, 2000, for the fiscal year
ended June 30, 1999.

(d) Fixed Assets

           Fixed assets, including capitalized equipment acquired by leases,
are stated at cost.  Depreciation is computed using the straight-line and
accelerated methods, over the respective assets' estimated useful lives.

<PAGE>

                        AMERICAS POWER PARTNERS, INC.
                        NOTES TO FINANCIAL STATEMENTS
                               March 31, 2000

   NOTE 2 - BASIS OF ACCOUNTING FOR EQUITY SECURITIES ISSUED
                FOR OTHER THAN CASH

Statement of Financial Accounting Standards No. 123, "Accounting for
Stock-Based Compensation" ("SFAS 123") issued by the FASB, is effective for
specific transactions entered into after December 15, 1995. The disclosure
requirements of SFAS 123 are effective for financial statements for fiscal
years beginning no later than December 15, 1995. The new standard established
a fair value method of accounting for stock-based compensation plans and for
transactions in which an entity acquires goods or services from non-employees
in exchange for equity instruments.  The Company is in the process of
evaluating various agreements it has entered into that may meet the
requirements for accounting recognition under SFAS 123, and, if applicable, it
expects to adapt provisions of the new standard prior to the end of its fiscal
year on June 30, 2000.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following information should be read in conjunction with the historical
financial information and the notes thereto included in Item 1 of this
Quarterly Report.

Results of Operations

During the period from January 27, 1998 (inception) through December 31, 1999,
the Company engaged in no significant operations other than organizational
activities, acquisition of capital and preparation for registration of its
securities under the Securities Exchange Act of 1934, as amended.  The Company
recorded no revenues during this period.

During the period of three months ended March 31, 2000, the Company signed its
first contract for the modernization of a steam generation facility, and
recognized revenue and expenses associated with the contract.  Revenue billed
in connection with a second contract for the optimization of a client plant
was deferred at March 31, 2000 pending finalization of a related agreement
with a third-party partner.

At March 31, the Company has over forty separate projects being negotiated, in
stages ranging from letters of intent to final contract proposals, with several
"Fortune 500" companies.

During the periods of nine and three months ended March 31, 2000, the Company
incurred net losses of $2,056,189 and $1,110,781, respectively.  In the
current quarter, the Company finalized payment with the venture capital firm
responsible for orchestrating the August 1999 merger with its present
publicly-traded corporate entity and the $3,000,000 private placement of
Preferred Stock in January 2000.  Under terms of consulting agreements, the
Company recorded management fees of approximately $534,000 and $216,000 during
the nine and three-month periods ended March 31,

<PAGE>

2000.  Professional fees increased during the current quarter as a result of
increased legal costs associated with the aforementioned private placement
agreement.  General and administrative expenses in the three-month period
ended March 31, 2000 increased over corresponding prior quarterly periods with
the addition of management personnel, rental of office facilities, and the
initiation of marketing programs.

For the current fiscal year, the Company anticipates incurring a net loss as a
result of the aforementioned organizational and financing expenses, and costs
associated with registration under the Securities Exchange Act of 1934.

Liquidity and Capital Resources

On January 31, 2000, the Company authorized 2,725,000 share s of Series A
Convertible Preferred Stock to be issued and sold 2,709,519 shares of the
Series A Convertible Preferred Stock in a private placement to a strategic
partner and certain of the partner's officers for $3,000,000 and the exchange
of 521,694 shares of the Company's Common Stock.  The Company currently has no
line of credit.

Need for Additional Financing

The Company believes that its existing capital will be sufficient to meet the
Company's cash needs, including the costs of compliance with the continuing
reporting requirements of the Securities Exchange Act of 1934, as amended, for
a period of approximately one year.   There is no
assurance, however, that the available funds will ultimately prove to be
adequate to allow it to fully execute its business plan, and, the Company's
needs for additional financing are likely to increase substantially.


NEW ACCOUNTING PRONOUNCEMENTS

Statement of Financial Accounting Standards No. 121, "Accounting for the
Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed of"
("SFAS 121") issued by the FASB, is effective for financial statements for
fiscal years beginning after December 15, 1995. The standard establishes new
guidelines regarding when impairment losses on long-lived assets, which
include plant and equipment, certain identifiable intangible assets, and
goodwill, should be recognized and how impairment losses should be measured.

The Company does not expect adoption to have a material effect on its
financial position or results of operations.

See Note 2 of Notes to Financial Statements regarding Statement of Financial
Accounting Standards No. 123, "Accounting for Stock-Based Compensation" ("SFAS
123") issued by the FASB.

<PAGE>


                          PART II  OTHER INFORMATION


ITEM 1.  Legal Proceedings

Neither the Registrant nor any of its affiliates are a party, nor is any of
their property subject, to material pending legal proceedings or material
proceedings known to be contemplated by governmental authorities.


ITEM 2.  Changes in Securities

On January 31, 2000, the Registrant authorized 2,725,000 share s of Series A
Convertible Preferred Stock to be issued and sold 2,709,519 shares of the
Series A Convertible Preferred Stock in a private placement to a strategic
partner and certain of the partner's officers for $3,000,000 and the exchange
of 521,694 shares of the Registrant's Common Stock.  The Series A Preferred
shares have the right of conversion into a number of shares of Common
Stock of the Registrant such that, upon conversion, the percentage ownership of
common shares by the preferred shareholders is 21.55%.


ITEM 3.  Defaults Upon Senior Securities

None


ITEM 4.  Submission of Matters to a Vote of Security Holders

On August 17, 1999, the Company completed a merger with Oak Brook Capital II,
Inc., ("OBC") a fully reporting 1934 Act public SEC shell company, which
immediately thereafter changed its name to Americas Power Partners, Inc.  The
merger was done specifically to enhance the Company's ability to have several
options for future capital formation and to aid in attracting additional key
employees. The NASD 15c211 disclosure form has been filed with the National
Association of Securities Dealers (NASD) and the Company's Common Stock began
trading on January 24, 2000.

Upon completion of the merger, OBC changed its name to Americas Power
Partners, Inc., and issued 10,000 shares of common stock for each share of the
former Americas Power Partners, Inc. then outstanding.  All shares of the
former Americas Power Partners were then retired.

Certain shareholders hold their stock pursuant to subscription agreements
dated May 4, 1999 which stipulated that their percentage ownership of the
Company will be non-dilutable until the completion of the initial capital
raise of $2,000,000 or twelve (12) months, whichever comes first.  7,539,194
shares of no par value common stock were issued.

<PAGE>

ITEM 5.  Other Information

On January 3, 2000, the Registrant's Board of Director's approved the Americas
Power Partners, Inc. Stock Option Plan, and authorized the allocation of a
maximum of 1,500,000 shares of Common Stock, no par value, to be granted at an
exercise price of $0.01 per share pursuant to the terms of the Plan.


ITEM 6.  Exhibits and Reports on Form 8 K

         a.  Exhibits


         b.  Reports on Form 8 K

             Filed on March 3, 2000, Item 2, Acquisition or Disposition of
             Assets Sale of Series A Convertible Preferred Stock

             Filed on March 17, 2000, Item 2, Acquisition or Disposition of
             Assets Sale of Series A Convertible Preferred Stock


INDEX TO EXHIBITS

EXHIBIT NO   DESCRIPTION

    99.1     Safe Harbor Compliance Statement

_______________________

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                                  SIGNATURES


In accordance with 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.


                                       AMERICAS POWER PARTNERS, INC.


                                       ________________________
May 12, 2000                           David Pequet
                                       Chairman

                                       ________________________
May 12, 2000                           Tom F. Perles
                                       Chief Accounting Officer