Enron Mail

From:milnthorp@enron.com
To:john.lavorato@enron.com
Subject:British Energy
Cc:
Bcc:
Date:Mon, 4 Jun 2001 13:33:29 -0700 (PDT)

Following up our conversation -

- Garrett and Dana are in constant contact re British Energy and have no issues with extending the contract
- Paul and his team are "very confident" that they can roll the hedges and maintain the existing margin
- They are 100% confident that they can hedge all 500MW's at say a $2 margin
- Their plan is to hedge at least 400MW between now and november (new deals + rollovers)
- We will continue to update both you and Dana before entering into any hedges