Enron Mail

From:f..calger@enron.com
To:louise.kitchen@enron.com, chip.schneider@enron.com, joseph.deffner@enron.com
Subject:Saguaro
Cc:michael.etringer@enron.com
Bcc:michael.etringer@enron.com
Date:Fri, 28 Sep 2001 16:54:24 -0700 (PDT)

We executed the purchase and sale agreement today. Closing should occur in late October/early November and is subject only to bank and partner consents. Bank consent will require NRG getting a legal opinion on NRG's ability to close without violating QF status (we believe this is a non-issue but will require some handholding). Our internal and Sale proceeds will be approx $20.793MM split between JEDI and ENA.

Chris Calger
503-464-3735