Stephen Forbes Cooper, LLC PGE Trust; and Enron Corporation (Order Granting Withdrawal)

PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
Rel. No. 27811 / March 9, 2004

Admin. Proc. File No. 3-11373

In the Matter of the Application of

Stephen Forbes Cooper, LLC PGE Trust; and Enron Corporation

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ORDER GRANTING REQUEST TO WITHDRAW APPLICATION FOR EXEMPTION

On December 31, 2003, Enron Corp. ("Enron"), a holding company within the meaning of Section 2(a)(7) of the Public Utility Holding Company Act of 1935, as amended ("Act"), Stephen Forbes Cooper, LLC and PGE Trust (collectively, "Applicants") filed an application for exemption from all requirements of the Act (except Section 9(a)(2)) pursuant to Section 3(a)(4) of the Act. The Commission initiated this proceeding on January 14, 2004 and scheduled a hearing on the briefs to address Enron's request for exemption.1

Today, Enron registered as a holding company under the Act and Applicants requested leave to withdraw the application. Under the circumstances, it is appropriate to grant withdrawal of the application and to dismiss this proceeding.2

Accordingly, IT IS ORDERED that the application be, and it hereby is, withdrawn, and that these proceedings be, and they hereby are, dismissed.

By the Commission.

Jonathan G. Katz
Secretary

Endnotes

1 Notice of and Order Scheduling Hearing Regarding Request for Order Exempting Holding Companies from Registration Under the Public Utility Holding Company Act of 1935, Holding Co. Act Rel. No. 27793 (Jan. 14, 2004) __ SEC Docket__.

2 On February 5, 2004, Public Citizen filed a motion for leave to intervene in opposition to the application. On March 8, 2004, Public Citizen filed a motion arguing for summary disposition of the application. Given that we have granted the request to withdraw the application and to dismiss this proceeding, Public Citizen's motions are moot.