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Enron Mail |
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 09/25/2000
12:39 PM --------------------------- "Iaconetti, Louis" <louis.iaconetti@csfb.com< on 09/25/2000 11:26:38 AM To: "Don Miller (E-mail)" <Don.Miller@enron.com<, "'Benjamin Rogers'" <Benjamin.Rogers@enron.com< cc: "Bartlett, James" <james.bartlett@csfb.com<, "Al-Farisi, Omar" <omar.al-farisi@csfb.com<, "Modi, Rishi" <rishi.modi@csfb.com<, "Heckler, James" <james.heckler@csfb.com< Subject: Additional Questions I received a call from Tom Favinger at PG&E today. He is looking for the responses to his questions from last week and also has a new question. He would like to get a breakout of the $10.25 million item in the Pastoria capital budget labeled Pre-Commercial Operations Costs. I also spoke to Darryn O Llegas from PECO today. They are planning to bid on the peakers and LV Cogen on Friday. His questions are: Peakers * Will Enron's control area dispatching/scheduling software be included in the property conveyed with the peakers? * Do the Peaker's permits make any allowance for combined cycle operation or would they need to re-start the permitting process? * They would like clarification concerning the joint ownership of gas interconnects - what is owned, cost to maintain, etc. LV Cogen * Update on status of Phase II permitting? * Update on status of development process? * Are there any tax abatements of any type for the Phase II project? Additional Comments from PECO: * Don't have price curves yet for all of the peakers markets - will need to develop prior to final bid. * May have a concern re: market power for the peakers as a result of the PECO/Unicom merger. They will be comfortable enough to bid this week and don't expect it to be a concern for the final bid. * They will probably submit a bid with separate values for: Wheatland; other peakers together; LV Cogen. * They are working their bid from two perspectives: replacement cost plus a premium and discounted cash flow. DCF will obviously change as they get their price curves updated.
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