35-CERT

                                        File Nos. 70-7950/70-8555


CERTIFICATE OF NOTIFICATION

(Rule 24)

SECURITIES AND EXCHANGE COMMISSION

BY

NEES GLOBAL, INC. (NG)
(Formerly NEES GLOBAL TRANSMISSION, INC. (NGT))


     In accordance with the orders of the Securities and Exchange Commission
dated September 4, 1992 and May 15, 1995, the following is a corrected report
for the fourth quarter of 1998:

     1.Effective May 1, 1998, NGT changed its name to NEES Global, Inc. (NG).
NG is a Massachusetts corporation which was formed in January 1992. NG was not
capitalized until October 13, 1992, when one thousand shares of NG common
stock were issued to New England Electric System (NEES).

On June 25, 1998, New England Water Heater Co., Inc. (NEWH), an energy-related
company, became a wholly-owned subsidiary of NG in accordance with Rule 58 of
the Act.  The company's financial statements are consolidated with NG.  In the
third quarter of 1998, NEWH purchased at net book value all rental water
heaters from its affiliates, Massachusetts Electric Company and The
Narragansett Electric Company.

     NG is a party to an agreement with a company located in Pennsylvania to
provide ongoing work as a subcontractor for electric meter retrofit services.
The work took place in Massachusetts.  No revenue was recognized in the fourth
quarter of 1998.

     NG is a party to an agreement to provide construction related services at
a job site in Minnesota.  The project is complete and no additional revenue
will be recognized.

NG entered into agreements with companies located in Alaska, Canada, District
of Columbia, Maine, Massachusetts, Michigan, and Virginia to provide
consulting services.  A total of $208,000 in revenue was recognized in the
fourth quarter of 1998.

In the fourth quarter of 1998, NG invested $62,000 to maintain a one percent
interest in AllEnergy Marketing Co., LLC., an affiliated "energy-related
company" within the meaning of Rule 58 of the Act.

     2.As of December 31, 1998, NEES had purchased 1,000 shares of NG common
stock and had made subordinated loans and other paid-in capital contributions
to NG totaling $27,326,000 and $4,353,000, respectively.

     3.As of December 31, 1998, NG employed no permanent personnel.  However,
during the three-month period ending December 31, 1998, 47 employees of
associated companies of NEES billed portions of their time to NG.

     4.As of December 31, 1998, NG had not purchased or received from
associated companies of NEES any intellectual property.

     5.During the three-month period ended December 31, 1998, NG received
legal, financial, and other administrative services from New England Power
Service Company, amounting to $206,000.

     6.Attached in Exhibits A through C are the consolidated financial
statements of NG. These statements include a balance sheet, income statement,
and statement of cash flows.  All significant intercompany transactions have
been eliminated.

     In May 1995, NG invested $1,000,000 in Separation Technologies, Inc.
(STI).  This investment is in the form of 153,846 shares of 6% cumulative
convertible preferred stock.  NG also provides maintenance services for STI
equipment on an as needed basis, for which no revenue was recognized in the
fourth quarter of 1998.

     In July 1996, NG invested $475,000 in Monitoring Technologies, Inc.  This
investment is in the form of 271,429 shares of Series E convertible preferred
stock. Due to a reduction in value, NG recorded a charge to expense of
$475,000 in the fourth quarter of 1998 representing its investment in
Monitoring Technologies, Inc.

     In July 1997, NG invested $1,000,000 in Underwater Unlimited Diving
Services, Inc. (UUDSI) in the form of 200,000 shares of Convertible Nonvoting
Preferred Stock.  As of the fourth quarter of 1998, NG had made capital
contributions totalling $250,000 in HydroServ Group, Inc.  In September 1998,
NG decided to terminate its 50 percent interest in HydroServ Group LLC (HG).
As a result of its decision to terminate its interest in the HG joint venture,
NG recorded a charge to expense of $1,009,000 in the third quarter of 1998
representing its investment in UUDSI and its net equity investment in HG.

     In August 1997,  NG invested $1,400,000 in Nexus Energy Software, Inc. in
the form of 1,000,000 shares of Series A Preferred Stock.  An additional
investment of $750,000 was made in October 1998 in the form of 300,000 shares
of Series B Preferred Stock.
SIGNATURE

     Pursuant to the requirements of the Public Utility Holding Company Act of
1935, the undersigned company has duly caused this certificate of notification
(Commission's File Nos. 70-7950 and 70-8555) to be signed on its behalf by the
undersigned officer thereunto duly authorized.


               NEES GLOBAL, INC.



                   s/ John G. Cochrane
               By: _________________________________
                   John G. Cochrane
                   Treasurer


Date:  October 5, 1999

EX-99

EXHIBIT INDEX



Exhibit No.     Description     Page
- -----------     -----------     ----

     A     Consolidated Balance Sheet at     Filed
          December 31, 1998     herewith
          (Unaudited, subject to adjustment)

     B     Consolidated Statement of Income and     Filed
          Accumulated Deficit for the twelve     herewith
          months ended December 31, 1998
          (Unaudited, subject to adjustment)

     C     Consolidated Statement of Cash Flows     Filed
          for the twelve months ended     herewith
          December 31, 1998
          (Unaudited, subject to adjustment)

EX-99

Exhibit A

NEES GLOBAL, INC.
Consolidated Balance Sheet
December 31, 1998
(Unaudited, Subject to Adjustment)
(thousands of dollars)

               
ASSETS
- ------
Current assets:
Cash      $   595
     Accounts receivable, less reserves of $170,000     939
     Other current assets     1,288
                    -------
               Total current assets     2,822
                    -------
Fixed assets:
     Property and equipment     20,632
     Accumulated depreciation     (4,164)
                    -------
               Total fixed assets     16,468
                    -------
Investments at cost:
     Separation Technologies, Inc.     1,000
     Nexus, Inc.     2,150
     AllEnergy Marketing Co., LLC     676
                    -------
               Total investments     3,826
                    -------
Total assets     $23,116
                    =======

LIABILITIES AND PARENT COMPANY'S INVESTMENT
- -------------------------------------------
Current liabilities:
     Accounts payable     $   223
     Accounts payable to affiliates     53
     Accrued taxes     197
     Miscellaneous accrued liabilities     226
                    -------
               Total current liabilities     699
                    -------

Accumulated deferred income taxes     836
Deferred credits and other liabilities     314
                    -------
               Total other liabilities      1,150

Parent company's investment:
     Common stock, par value $1 per share     1
     Subordinated notes payable to parent     27,326
     Other paid-in capital     4,353
     Accumulated deficit     (10,413)
                    -------
               Total parent company's investment     21,267
                    -------
Total liabilities and parent company's
 investment     $23,116
                    =======

EX-99

Exhibit B


NEES GLOBAL, INC.
Consolidated Statement of Income and Accumulated Deficit
For the Twelve Months Ended December 31, 1998
(Unaudited, Subject to Adjustment)
(thousands of dollars)


INCOME
- ------
                    
Rental water heater revenue     $ 4,201
Consulting revenue and other     791
Equity in earnings - HydroServ Group, LLC     (143)

                    --------
     Total income     4,849
                    --------
EXPENSE
- -------

Operation and maintenance expenses     4,696
Write-off of investment in:
  Underwater Unlimited Diving Services, Inc.      1,000
  Monitoring Technologies, Inc.     475
  HydroServ Group, LLC     9
Depreciation               1,169
Income taxes       (1,247)
               --------
     Total expenses     6,102
               --------
Net loss               $ (1,253)
               ========

Accumulated deficit at beginning of period     $ (9,160)

Accumulated deficit at end of period     $(10,413)
               ========

EX-99

Exhibit C


NEES GLOBAL, INC.
Consolidated Statement of Cash Flows
For the Twelve Months Ended December 31, 1998
(Unaudited, Subject to Adjustment)
(thousands of dollars)

               
Operating Activities:

     Net loss     $(1,253)
     Adjustments to reconcile net loss to
          net cash provided by operating
          activities:
          Depreciation     1,169
          Loss on investments      1,484
          Deferred income taxes     466
          (Increase)/decrease in accounts receivable     (49)
          (Increase)/decrease in other current assets     (1,231)
          Increase/(decrease) in accounts payable      19
          Increase/(decrease) in other current liabilities     312
          Other, net     1,099
               -------
Net cash used in operating activities     $ 2,016
               -------


Investing Activities:

     Fixed asset expenditures     $(13,713)
     Investment in HydroServ Group, LLC     (120)
     Investment in Nexus, Inc.     (750)
     Investment in AllEnergy Marketing Co., LLC     (513)
     Investment in New England Water Heater Co., Inc.     (4,228)
               --------
Net cash used in investing activities     $(19,324)
               --------

Financing Activities:

     Subordinated notes payable to parent-net     $13,252
     Capital contribution from parent     4,353
               -------
Net cash provided by financing activities     $17,605
               -------

Net increase/(decrease) in cash and cash equivalents     $   297
Cash and cash equivalents at beginning of period     298
               -------
Cash and cash equivalents at end of period     $   595
               =======