Enron Mail

From: no.address@enron.com To: louise.kitchen@enron.com Subject: Residual Values - Cogentrix Cc: Bcc: Date: Tue, 9 Oct 2001 07:05:13 -0700 (PDT) Louise, I spoke with Victor yesterday and he said that the numbers we saw in our Cogentrix meeting reflect our standard QF valuation methodology including a residual value of $250 kW, grown at 2.5% until the end of the contracted period. I had him do a sensitivity analysis by dropping the value to $100 kW and it only had a $50 million impact. Let me know if you have any additional thoughts. Don