Enron Mail

From:amr.ibrahim@enron.com
To:richard.shapiro@enron.com, lisa.yoho@enron.com, james.steffes@enron.com
Subject:Fireball Coal Project - RAC Meeting June 29
Cc:
Bcc:
Date:Thu, 5 Jul 2001 01:02:00 -0700 (PDT)

Rick:

This is quick note to let you know that I shall work very closely with Lisa
on Fireball project (see first project below). While working in her group to
provide the required regulatory due diligence, we shall also attempt to: a)
link the effort to RAC process (mainly through Dave Gorte), b) Find accurate
measure to reflect the risk the Enron sees for GA reporting purposes (also
measures for our contribution to the project).

Not only this project is important in terms of size ($750 million), but also
in its activity (acquisition of coal company); it is an excellent opportunity
to document the processes followed as they happen.

I am grateful for Lisa's help and support.

Please let me know if you have any question.


Brgrds

AI
----- Forwarded by Amr Ibrahim/ENRON_DEVELOPMENT on 07/05/2001 07:50 AM -----

Amr Ibrahim
06/29/2001 02:02 PM

To: Richard Shapiro/NA/Enron@Enron
cc: James D Steffes/NA/Enron@Enron, Lisa Yoho/NA/Enron@Enron, Paul
Dawson/Govt. Affairs/LON/ECT@ECT, Nicholas O'Day/AP/Enron@Enron, Steve
Montovano/NA/Enron@Enron, Chauncey Hood/NA/Enron@ENRON
Subject: RAC Meeting June 29


Rick, Colleagues:

The RAC meeting for June 29th added 3 new projects with gross capital of $770
million. Their particulars are as follows:

Region/Group Deal Project Originator Description
EWS Fireball Mike Beyer Acquisition of Powder River Basin Coal Company
($750 million)
Action Item: Communicate with Lisa Yoho and compile GA comments for RAC if
any. It was highlighted in the meeting that this project is very important
for Enron and encompasses major regulatory issues all along the value chain.

ENCom Europe UBE S. Yaijima Downpayment on IPP site in Japan
Action Item: Communicate with Nick and compile GA comments for RAC if any.

EES Guinness Patrick Bastien Buy and manage utility assets at London
Brewery
Action Item: Communicate with Paul Dawson and compile GA comments for RAC if
any.


Secondly, the following project is now marked "Red"

EWS Dodger David Marks Acquisition interests in QF in Brooklyn Navy Yard
QF ($130 Million)
Action Item: Communicate with Steve Monotvano and compile GA comments for
RAC if any.

Please let me know if you have any question.

Best regards

AI