Enron Mail

From:john.lavorato@enron.com
To:louise.kitchen@enron.com
Subject:RE: DWR Again
Cc:
Bcc:
Date:Sat, 5 May 2001 22:51:00 -0700 (PDT)

I have to say. It's kind of nice not having a deal with them.

-----Original Message-----
From: Kitchen, Louise
Sent: Fri 5/4/2001 2:41 PM
To: Lavorato, John
Cc:
Subject: DWR Again




---------------------- Forwarded by Louise Kitchen/HOU/ECT on 05/04/2001 02:40 PM ---------------------------


Christopher F Calger

05/04/2001 12:07 PM

To: Tracy Ngo/Enron@EnronXGate, Christian Yoder/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Jeff Dasovich/NA/Enron@Enron

cc: Tim Belden/Enron@EnronXGate, Louise Kitchen/HOU/ECT@ECT, Mark E Haedicke/HOU/ECT@ECT

Subject: DWR Again

We have another opportunity to sell to DWR. I have been in discussions with Ray Hart of DWR and Ron Nichols, their consultant. We are closing in on a structure that has less upfront risk for Enron with a larger overall short position in the back. They want to move to contract negotiations next week. I would appreciate your input. I will arrange a conference call with the legal and credit teams for Monday to review the status of our EEI contract and the requirements for this potential deal. Notional terms:

NP-15

Peak

Q301: 100MW

Q401: 100MW

Q102: 150MW

Q202: 200MW

Q302: 250MW

Q402: 300MW

1/03-12/06: 300MW

approx 6MM PV MWhrs

price: $85/MWh