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Enron Mail |
BUSINESS HIGHLIGHTS
East Power Midwest Origination Beginning late 2000, East Power Marketing implemented a complete market=20 coverage strategy. Since then, EPMI has begun to develop relationships wit= h=20 hundreds of small =01&mom & pop=018 municipalities. Many of these munis ha= d no=20 prior contact with Enron. As a result, East Power has executed a valuable = 30=20 MW energy call option term purchase from the Municipal Energy Agency of=20 Nebraska (MEAN) at a congested location. Enron Industrial Markets EIM has renamed Pulp, Paper & Lumber to Forest Products in order to fully= =20 encompass our multiple product offerings. East Power Development The Planning and Zoning Commission for Pompano Beach, FL approved ENA's=20 rezoning request and site plan for the Pompano Beach Energy Center, a 510= =20 megawatt peaking power plant. On the rezoning request, the vote was 6 to 1= ,=20 and on the site plan, the vote was 7 to 0. The rezoning request will be=20 forwarded to the Pompano Beach City Commission for their review. =20 Additionally, the Florida Department of Environmental Protection (DEP) has= =20 announced its intention to issue an air permit for the facility. Next steps include a DEP public hearing on Monday, March 26, and the first = of=20 two votes on the rezoning request before the Pompano Beach City Commission,= =20 which is scheduled for Tuesday, March 27. IN THE NEWS EWS Brown Bag Lunch Mark Your Lunch Calendars Now! The next one is scheduled for Thursday, Mar= ch=20 15, 2001 featuring Ray Bowen. He is the COO of EIM and will be discussing= =20 Enron Industrial Markets.=20 Open Forum Editorial in The San Francisco Chronicle by Kenneth Lay 3/1/= 01 What has happened in California over the past four years is not=20 deregulation. It is misguided regulation.=20 Deregulation does not mean eliminating customer choice and competition for= =20 most customers. Deregulation does not mean limiting new market entrants. Fewer than five= =20 percent of customers in California are served by competing suppliers. Deregulation does not mean creating a single central power pool from which= =20 all participants must buy and sell their wholesale power; the state Power= =20 Exchange effectively replaced three monopoly buyers with one monopoly buyer= . Deregulation does not mean buying all of your commodity at the last minute,= =20 on the spot market, rather than planning ahead and purchasing most of the= =20 power under long-term contracts that lock in prices. The situation in California is the result of continued regulation,=20 complicated by a series of natural and man-made factors. =20 WELCOME New Hires EGM - Lowell Bezanis, Owen Zidar EIM - Eric Holzer, John Ovanessian ENA - Mecole Brown, Nita Garcia, Ambroshia Hunter, Nikole Jackson, Junichi= =20 Sugiura, Theresa Zucha, Cynthia Gonzalez, Scott Wilson, Kenton Schaefer,=20 Emily Butler Transfers ENA - Joseph Hardy, Nancy Vu, Lloyd Miller, Jinsung Myung, Patrick Johnson,= =20 Jason Wolfe, Andrew Miles, Sara Shackleton EIM - Sherri Baldwin, Debbie Chance, Rob Saltiel EGM - Jody Crook, Neithard Foley, Juan Paysse, Bhavna Pandya, Courtney=20 Campbell, Terri Denning NUGGETS & NOTES "It is on the high side of medium to high." --Tim Battaglia, Vice=20 President/Steel Origination EIM (discussing the probability of a transactio= n=20 closing). =20 =01&I wanna see the phone glued to your ear!=018 -- Ed Baughman, Vice=20 President/East Power Mid Market ENA =01&REFERRALS, REFERRALS, REFERRALS! It pays to know good people." =01) Am= broshia=20 Hunter Perry/HR ENA You requested more info=01(. Proud parents Michelle Vitrella, PR coordinato= r,=20 and husband David Vitrella, manager of trading, have named their baby girl= =20 Lily Ann. She was born on February 27, 2001. Learning at the Speed of Enron If you haven't had a chance to log on to www.investinme.enron.com, you're= =20 missing a fast and easy way to gain the information you need to get ahead a= nd=20 stay ahead. This new EWS training site combines everything you loved about= =20 Ernie with much, much more. Enron employees now have the ability to regist= er=20 for hundreds of classes on industry-related topics anywhere in the world. = =20 Don't have time to attend a classroom training? No problem, you can now use= =20 the web site to search for books, videos, CD ROM, and web-based training. A= ll=20 the learning you want, anytime, anywhere. Just go to=20 www.investinme.enron.com and start building your future today! NEWS FROM THE GLOBAL FLASH Enron Wind Enron Wind has purchased the factory facilities of the Dutch company, Aerpa= c,=20 Europe's second largest producer of wind turbine rotor blades. This move= =20 represents a significant step towards fulfilling Enron Wind's strategic=20 objective of manufacturing high-quality and technically sophisticated rotor= =20 blades in-house. Enron Wind will be using its own moulds to produce the=20 rotor blades. The acquisition of the Almelo-based factory facilities, whic= h=20 are only 60 kilometres from Enron Wind's facilities in Salzbergen, Germany,= =20 gives the company a convenient base for European wide distribution. Enron applies for Greek electricity trading license Enron, through its subsidiary Enron Power MEPE, has applied for an=20 electricity supply license for Greece, for the 34% market opening on Feb 19= th=20 2001. If the license application is successful, Enron will be allowed to= =20 approach customers consuming more than 100GWh up to a combined total peak= =20 capacity of 350MW. In total, 4 companies have applied for power trading=20 licenses (Enel, ATEL and Cinergy also applied). LEGAL STUFF The information contained in this newsletter is confidential and proprietar= y=20 to Enron Corp. and its subsidiaries. It is intended for internal use only= =20 and should not be disclosed.
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