First

Another Enron first. Alfredo collaborated with the commercial team to make
this possible. mcs
---------------------- Forwarded by Mark Schroeder/LON/ECT on 05/01/2001
12:48 ---------------------------

From: Alfredo Huertas 05/01/2001 12:14

To: Mark Schroeder/LON/ECT@ECT, Bruno Gaillard/EU/Enron@Enron, Peter
Styles/LON/ECT@ECT, Nailia Dindarova/LON/ECT@ECT
cc:

Subject: First

fyi.

---------------------- Forwarded by Alfredo Huertas/LON/ECT on 05/01/2001
12:15 ---------------------------

Cassim Mangerah
05/01/2001 08:40
To: Paul Mead/LON/ECT@ECT, Alfredo Huertas/LON/ECT@ECT, Pedro Del Rio
Alcalde/LON/ECT@ECT
cc: Raphael Brun/LON/ECT@ECT

Subject: First

We have today completed a week-ahead trade (Mon - Fri, 0-6, 30MW @14 Euros)
with Iberdrola for the physical purchase of power at the French/Spanish
border. This represents the first physical purchase from a Spanish incumbent
and also the first export to France.