Enron Mail

From:edward.sacks@enron.com
To:marcus.nettelton@enron.com, tana.jones@enron.com
Subject:RE: Exelon Generation Company, LLC
Cc:rhonda.denton@enron.com, genia.fitzgerald@enron.com, darren.vanek@enron.com,wendy.conwell@enron.com
Bcc:rhonda.denton@enron.com, genia.fitzgerald@enron.com, darren.vanek@enron.com,wendy.conwell@enron.com
Date:Mon, 21 May 2001 03:49:00 -0700 (PDT)

Credit has problems trading with Exelon Generation Company LLC. I would like
to understand the impact on the trades as a result of the merger. Perhaps we
should set up a time to discuss.

Ed Sacks

-----Original Message-----
From: Nettelton, Marcus
Sent: Monday, May 21, 2001 10:28 AM
To: Jones, Tana
Cc: Denton, Rhonda; FitzGerald, Genia; Sacks, Edward
Subject: Exelon Generation Company, LLC

Tana

I am not sure whether adequate notification has been received from PECO or
ComEd since their merger to form Exelon, however all trades with these two
former entities should be with Exelon Generation Company, LLC as all
agreements have been assigned and assumed by this new entity.

Exelon have indicated that they are not prepared to sign an EEI Master
Agreement for at least three months while they complete their restructuring.
In the interim the area that I see causing potential confusion is if on
EnronOnline, for example, different terms were agreed with PECO and ComEd. If
this is the case please advise and we will need to find a solution to avoid
any confusion going forward.

In addition, from a credit perspective, there may be issues which Ed Sacks
may want to re-visit.

Regards,

Marcus