Enron Mail

From:john.schwartzenburg@enron.com
To:
Subject:Re: take one last look - EPC 63/64
Cc:carlos.sole@enron.com, william.jr@enron.com, keith.marlow@enron.com
Bcc:carlos.sole@enron.com, william.jr@enron.com, keith.marlow@enron.com
Date:Fri, 11 May 2001 03:25:00 -0700 (PDT)

The results of a lot or hard work from Randy, Pearson, Carlos, Kay, Chip,
Keith and everyone else who ever suffered this. Thanks to all of you for a
good ending to bad story. I wish we could let Kingshill in on the story, but
he was already probably gone when this hit, wasn't he?

/JWVS
----- Forwarded by John Schwartzenburg/ENRON_DEVELOPMENT on 05/11/2001 10:21
AM -----

William Gehle Jr
05/10/2001 04:56 PM

To: John Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Re: take one last look - OK fine but need commercial signature?

John/Karen:

It does seem that in general we should have Keith Dodson or Brian Stanley
sign to evidence approval "closer to home" prior to a signature at the
Wholesale Group head level. I don't think it is essential on this relatively
clear decision, but in general it would make sense to have an EEOS signature .

Concerning the IRR's, John, the IRR on EPC 63 was 25.3%, on EPC 64 it was
55.1% and combined the IRR was 35.2%. These will vary with any minor
adjustments prior to closing.

Incidentally, the IRR on Demar will be 22.7% for EPC 4 and 25.5% with EPC 4
and EPC 4350 combined.

Regards,

Chip






John Schwartzenburg
05/10/2001 04:11 PM
To: Karen L Barbour/ENRON@enronXgate@ENRON, Randy Pais@Enron
cc: Keith Marlow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, William Gehle
Jr/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT

Subject: Re: take one last look - OK fine but need commercial signature?

I have looked at this and talked to Randy. Besides wondering whether Keith
Dodson or Brian Stanley needs to sign, I am ok with this. Karen, let me know
if I should sign this or if you intend to add Keith or Brian.

Has anyone calculated the rate or return on the project if this pans out? I
see it has an NPV disocunt rate of 30%.

JWVS



Karen L Barbour/ENRON@enronXgate
05/10/2001 01:59 PM

To: Keith Marlow/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, William Gehle
Jr/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: take one last look

If there is no more changes, we'll start getting it signed today. Thanks.