[Federal Register Volume 64, Number 77 (Thursday, April 22, 1999)]
[Notices]
[Pages 19838-19839]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-10101]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 35-27007]


Filings Under the Public Utility Holding Company Act of 1935, as 
Amended (``Act'')

April 16, 1999.
    Notice is hereby given that the following filing(s) has/have been 
made with the Commission pursuant to provisions of the Act and rules 
promulgated under the Act. All interested persons are referred to the 
application(s) and/or declaration(s) for complete statements of the 
proposed transaction(s) summarized below. The application(s) and/or 
declaration(s) and any amendments is/are available for public 
inspection through the Commission's Office of Public Reference.
    Intersted persons wishing to comment or request a hearing on the 
application(s) and/or declaration(s) should submit their views in 
writing by May 11, 1999, to the Secretary, Securities and Exchange 
Commission, Washington, D.C. 20549-0609, and serve a copy on the 
relevant applicant(s) and/or declarants(s) at the address(es) specified 
below. Proof of service (by affidavit or, in case of an attorney at 
law, by certificate) should be filed with the request. Any request for 
hearing should identify specifically the issues of fact or law that are 
disputed. A person who so requests will be notified of any hearing, if 
ordered, and will receive a copy of any notice or order issued in the 
matter. After May 11, 1999, the application(s) and/or declaration(s), 
as filed or as amended, may be granted and/or permitted to become 
effective.

Northeast Utilities (70-9342)

    Northeast Utilities (``NU''), a registered holding company, located 
at 174 Brush Hill Avenue, West Springfield, Massachusetts 01090-0010 
has filed a post-effective amendment under section 12(b) of the Act and 
rule 45 under the Act.
    By order dated November 12, 1998 (HCAR No. 26939) (``Order''), the 
Commission authorized NU and

[[Page 19839]]

NEWCO \1\ to, among other things, provide guarantees and similar forms 
of credit support or enhancements (collectively, ``Guarantee'') to, or 
for the benefit of, NEWCO, its nonutility subsidiaries, or NU's other 
to-be-formed direct or indirect energy related companies, as defined in 
rule 58 under the Act, in an aggregate amount not to exceed $75 
million, through December 31, 1999. NU and NEWCO now propose to 
increase the Guarantee authority from $75 million to $250 million under 
the terms and conditions of the Order.\2\

    \1\ NEWCO is now known as NU Enterprises and is engaged, through 
the use of multiple subsidiaries, in various energy related and 
other activities.
    \2\ Rule 52 exempts NEWCO's financial transactions among 
associate companies from Commission jurisdiction, however, this 
information is provided for background purposes.

    For the Commission by the Division of Investment Management, 
under delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-10101 Filed 4-21-99; 8:45 am]
BILLING CODE 8010-01-M