Enron Mail

From:mike.curry@enron.com
To:david.portz@enron.com
Subject:IM2 PPA
Cc:doug.gilbert-smith@enron.com
Bcc:doug.gilbert-smith@enron.com
Date:Wed, 10 Jan 2001 06:54:00 -0800 (PST)

David, Please review...give me a shout when you have had a chance to review.
- Mike
---------------------- Forwarded by Mike Curry/HOU/ECT on 01/10/2001 02:40 PM
---------------------------


Michael Payne@ENRON_DEVELOPMENT
01/10/2001 02:18 PM
To: Mike Curry@ECT, Edith Cross@ECT
cc: Bob Gates@ENRON, Michael Miller@enron, John Lamb@ENRON
Subject: IM2 PPA

Mike,

By now Dave Delainey's office should have received by fax signed copies of
the PPA and GPSA. I am attaching a redline version of both documents for
your review as well.



I am also attaching a copy of the most recent Garrad Hassan letter describing
their view on the project at this time.

Concerning your question about the timing of the energy production, as we
discussed the GH analysis is focused on the factors which decrease the
energy production of the project. They have not questioned the accuracy of
our hourly data collection, or when the wind blows. As you can imagine,
determining when the wind is blowing is the science and definable part of
this work. The art and interpretation lies in forecasting the factors which
decrease the energy. As a result, there have been no changes in the on-peak
off-peak ratio. In other words, the production curve should be identical
other than the downward shift. Please don't hesitate to call me if you would
like to discuss this further.



I will be in CA and reachable at 661-823-6855, or by cell until 11:00AM PST
Thursday, returning to the Houston office Friday morning. Please also feel
free to contact Bob Gates at 661-823-6730 should I be unavailable.

Thank you,
Michael