Goldendale

Dan, any help would be appreciated - we are very well positioned in the
Florida market at this point.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 11/10/2000
08:52 AM ---------------------------

Janet R Dietrich
11/10/2000 08:11 AM
To: Dick Westfahl/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: (bcc: David W Delainey/HOU/ECT)
Subject: Goldendale

Hey Dick, I don't want to beat a dead horse here, but I did want to reiterate
out need for the GE 7FA's for our Florida projects. Although I understood
from you that Goldendale was effectively done, I understand that you haven't
yet gone through the dash process, so therefore a window of opportunity. We
are looking to pay up to $40,000,000 for a GE 7FA for Ft. Pierce in addition
to a commitment on the combined-cycle EPC contract. Our customer at Ft.
Pierce is heavily engaged in finalizing contracts and will be prepared to
execute in December. We must be able to commit to them (showing title to the
que position) by then.

I'd like you to compare your anticipated earnings on the Goldendale deal with
earnings from moving this turbine to Florida. The $40 million should give you
app. $3 million above cost, as well as incremental profits from the EPC
contract. Also, you should know that we feel the Florida market has
significant upside potential for Enron from a merchant standpoint and
anticipate that our first-mover advantage will result in significant earnings.

Please let me know how you think Enron should proceed in comparing the two
projects. Thanks Dick.