Enron Mail

From:frank.vickers@enron.com
To:jeff.dasovich@enron.com
Subject:Project Boomerang
Cc:paul.kaufman@enron.com
Bcc:paul.kaufman@enron.com
Date:Fri, 14 Apr 2000 08:20:00 -0700 (PDT)

Jeff, as you may know we are conducting due diligence on 11 california QF's
that El Paso Merchant Energy purchased from Dynegy on Feb 1 of this year. we
are considering the purchase of 50% of El Paso's interest. In discussions
with Paul he suggested that I get you involved with the transaction. Two
things come to immediate attention.

I heard that the PUC has filed suit against El Paso relative to these 11
assets. What do you know about this ?
NOw that the CPUC is trying to implement terms of AB 1890's section 390 alot
of questions and methods are surfacing about calculations of payments to
QF's. Are you in a postion to follow this debate and keep me informed during
the process ??


Thanks

Frank

503-464-3940