Re: Potential energy services deal in Japan

Kay, I forwarded a message to you from Sheri Sierra from a gentleman looking
for energy mgt services in Japan. I had asked you to forward to Joe Hirl.

Please follow up with Joe.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/20/2001
07:50 PM ---------------------------

Joseph P Hirl@ENRON
02/20/2001 05:22 AM
To: David W Delainey/HOU/ECT@ECT
cc:
Subject: Re: Potential energy services deal in Japan

Dave,

Could you have your assistant forward the contact details so that I can
follow up?

thanks,

Joe

Joseph P. Hirl
Enron Japan Corp.
81 3 5219 4500
81 3 5219 4510 (Fax)
www.enron.co.jp

David W Delainey@ECT
02/16/2001 10:02 AM

To: Joseph P Hirl/AP/ENRON@ENRON
cc:
Subject: Re: Potential energy services deal in Japan

Joe, I will forward his voice mail to you. EES has enough challenges in NA
and Europe before tackling retail products and services in a market with no
wholesale market.

Please follow up.

Thanks
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 02/15/2001
07:00 PM ---------------------------

Enron North America Corp.

From: Sherri Sera @ ENRON 02/15/2001 05:10 PM

To: Joseph P Hirl/AP/ENRON@ENRON
cc: David W Delainey/HOU/ECT@ECT
Subject: Re: Potential energy services deal in Japan

Thanks for the quick response, Joe. Peter did call me earlier this
afternoon, and I transferred him to Dave Delainey. Unfortunately, I failed
to get his phone number before transferring him, but I understand from Dave's
assistant that he left Dave a voicemail. I'm sure he left his number there.
I did, however, gleen from him that he and his investors already own the 50
buildings (not in the process of buying them as I originally thought) and
have +/- 100 additional properties they manage.

I'm stepping out of the middle of this one now unless there is anything
further you need me to do. Good luck - I hope it's a real deal - I've never
had origination next to my name before! SRS

Joseph P Hirl
02/15/2001 04:57 PM
To: Sherri Sera/Corp/Enron@ENRON
cc: David W Delainey/HOU/ECT@ECT

Subject: Re: Potential energy services deal in Japan

Sherri,

We would be quite interested in looking into this further. We are currently
working with quite a few companies to sell power under 3-5 year contract
terms. The customers range from large office bldgs (<2Mw and connected to
EHV grid) to large industrials (several hundred Mw). We are also making some
real progress with the real estate companies and department stores to provide
power to a number of their facilities across Japan. There are a number of
other initiatives where we would take an industrials self generation off
balance sheet, upgrade facility, etc to give us access to power. In one case
we are progressing with a company that has 600 Mw inside the fence.

Let me know how you would like to progress. As a point of interest, a
particular discount product that we are offering is fully described on our
biligual website (www.enron.co.jp). This has been very successful for us.

Joe

Joseph P. Hirl
Enron Japan Corp.
81 3 5219 4500
81 3 5219 4510 (Fax)
www.enron.co.jp

Sherri Sera
02/16/2001 04:44 AM

To: David W Delainey/HOU/ECT@ECT, Joseph P Hirl/AP/ENRON@ENRON
cc:
Subject: Potential energy services deal in Japan

Gentlemen,

You will receive a phone call from Peter Wachtell sometime over the next
week. I spoke to his father last night at a dinner party; Peter is putting
together a deal in Tokyo right now to purchase 50 office buildings and manage
another 100. He is interested in talking to Enron about energy outsourcing.

I'm assured that this a legitimate deal, but that will be for you to decide!
Just wanted to give you a heads up in the hopes you will take a few minutes
to talk to him.

SRS