FERC Order and DWR

From: jeff.dasovich@enron.com

To: joe.hartsoe@enron.com, jklauber@llgm.com, susan.mara@enron.com,james.steffes@enron.com, christian.yoder@enron.com, mary.hain@enron.com, alan.comnes@enron.com

Subject: FERC Order and DWR

Cc:

Bcc:

Date: Mon, 12 Mar 2001 04:00:00 -0800 (PST)

Quick question to Joe and/or Christian, John and Mary:

I'm assuming that any deal we sign with DWR that falls below the $150/MWH
soft cap is free and clear of the order FERC issued on Friday as well as any
other refund risk associated with FERC's December order. Is that correct?
Thanks.

Best,
Jeff