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Dave, I am going to send Shawn your way - he has extensive development, asset
and project finance experience. I would like him under your supervision to manage our coal power development strategy - like we discussed it could be a very robust strategy with multiple exit points. I strongly believe that coal needs to come back into the stack and that the existing development teams (Parquet & Jacoby) are already buried under mid-stream gas development opportunities. This would incorporate acquisitions, development, technology, asset sales, emissions credits & technology, fuel supply and power sales. Please update your 2001 budget to incorporate this new iniative. Regards Delainey ---------------------- Forwarded by David W Delainey/HOU/ECT on 11/28/2000 08:51 AM --------------------------- Shawn Cumberland@ENRON_DEVELOPMENT 11/27/2000 04:51 PM To: David W Delainey@ECT cc: Subject: meeting Dave: Thanks for your time and patience today. For now, I'll park the theoretical and focus on the practical. (we can pick up the other topics later over beers sometime) I completely agree that the US coal-genco business can offer a huge near-term win for those that move swiftly. Thanks for offering me the shot to capitalize on it. Shawn
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