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EXHIBIT 23.2
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation
by reference in this registration statement on Form S-8 of our report dated
February 4, 2000, except for the matters discussed in Note 13, as to which the
date is March 27, 2000, included in BayCorp Holdings, Ltd.'s Annual Report on
Form 10-K for the year ended December 31, 1999 and to all references to our
Firm included in this registration statement.
/s/ Arthur Andersen LLP
Arthur Andersen LLP
Boston, Massachusetts
July 21, 2000
