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Enron Mail |
Melissa, according to our counterparty database, earlier this month Citizens
Power Sales LLC (CPS) was merged into Edison Mission Marketing & Trading, Inc. (EMMTI), which is also listed in our financial counterparty database. I am in the process of verifying the exact entities involved in the merger, but if this is correct, CPS no longer exists as a separate entity, and any confirms we want to get signed up involving pre-existing CPS trades will have to be signed by EMMTI. I do not see EMMTI on the list of power financial counterparties you provided us. All I can tell about EMMTI from our database is that in '98, we started to negotiate an ISDA master with them, but apparently negotiations ended very soon afterwards, as the parties reached an impasse on credit terms. Can you see what you can find out as to whether we have been trading with EMMTI, and if so, what? fyi, EMMTI is listed as a power purchaser on FERC's website, so we may be trading power physically with them. It could be helpful though, if we have been trading anything financially with them. Let me know what you find out about EMMTI and we'll take it from there. Thanks -- Bob Robert E. Bruce Senior Counsel Enron North America Corp. T (713) 345-7780 F (713) 646-3393 robert.bruce@enron.com
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