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Enron Mail |
---------------------- Forwarded by Richard Shapiro/HOU/EES on 12/14/99 08:29
AM --------------------------- Daniel Allegretti 12/12/99 03:06 PM To: Richard Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES, Steve Montovano/DUB/EES@EES cc: Subject: Eureka Update Good news and bad news. First, the good news. The DPUC issued a final compliance decision (attached) Thursday approving the ENA prices and removing the draft language that would have released special contract customers. The bad news is that we are falling behind in finalizing the agreements with UI. Mostly this is due to unavailability of some of the UI personnel. The one business issue that is causing a bit of concern on their end is a fear that they have promised us too much in the way of an option on their nuclear generation. In any event, they have already made the commitments in our binding MOU. This issue is not a deal breaker but it is contributing to the delay. Right now we are scheduled to meet with them in NY Tuesday the 14th through Thursday the 16th. As a result, I can not be in Houston on the 15th as planned. I am, however, still trying to make it for the 16th. Perhaps we can reschedule our meeting sometime on the 16th. Fallon and I are meeting at 8:30 on the 17th to discuss the project also.
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