Enron Mail

From:christopher.calger@enron.com
To:tracy.ngo@enron.com, christian.yoder@enron.com, elizabeth.sager@enron.com,jeff.dasovich@enron.com
Subject:DWR Again
Cc:tim.belden@enron.com, louise.kitchen@enron.com, mark.haedicke@enron.com
Bcc:tim.belden@enron.com, louise.kitchen@enron.com, mark.haedicke@enron.com
Date:Fri, 4 May 2001 03:07:00 -0700 (PDT)

We have another opportunity to sell to DWR. I have been in discussions with
Ray Hart of DWR and Ron Nichols, their consultant. We are closing in on a
structure that has less upfront risk for Enron with a larger overall short
position in the back. They want to move to contract negotiations next week.
I would appreciate your input. I will arrange a conference call with the
legal and credit teams for Monday to review the status of our EEI contract
and the requirements for this potential deal. Notional terms:

NP-15
Peak

Q301: 100MW
Q401: 100MW
Q102: 150MW
Q202: 200MW
Q302: 250MW
Q402: 300MW
1/03-12/06: 300MW

approx 6MM PV MWhrs
price: $85/MWh