RE: City of Palo Alto - credit reserve

The city buys power? Has PA been downgraded due to dot com flops? Rick

-----Original Message-----
From: Ngo, Tracy
Sent: Wednesday, May 09, 2001 12:02 PM
To: Hardy, Trey; Chang, Fang; Law, Samantha; Dunton, Heather
Cc: Rosman, Stewart; Badeer, Robert; Belden, Tim; Buy, Rick; Bradford, William S.; Rohauer, Tanya; Sacks, Edward; Conwell, Wendy; Radous, Paul
Subject: City of Palo Alto - credit reserve

Please note the following addition to the domestic credit reserve for May 2001:

CP: City of Palo Alto
Enron Entity: EPMI
Deal #: 605356.1
Deal Specifics: EPMI Sale
Term: 6/1/2001 thru 1/31/2005
Delivery Point: NP-15 (Firm CAISO Energy)
Volume: 25MW, 7X24; 804,600 nominal MWh)
Price: $95.00
Trader/Mid-Marketer: Bob Badeer/Stewart Rosman
Credit Reserve Amount: $185,000 (one hundred eighty-five thousand USD)

RAC: Deal confirmed under new EEI Master Power Purchase and Sale Agreement w/margin rights.

Please let me know if you have any questions to the above.

Regards,
Tracy Ngo
503-464-8755