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Enron Mail |
---------------------- Forwarded by Scott Stoness/HOU/EES on 12/27/2000 12:31
PM --------------------------- From a former employee of New West, who is now an employee of Enron To: Scott Stoness/HOU/EES@EES cc: Subject: Re: CONFIDENTIAL: Notes from Meeting with California Stakeholders Scott, New West had a fairly simple contract that went for 1, and 3 years, or until achievement of the CTC's. New West's primary goal was to get good at deregulation in California, then get important when Arizona opens (Phoenix based SRP is New West's parent company). Arizona is still not there. In their contract New West had a regulatory out clause based on significant change, but I think it was pretty thin in this bail-out. Most of the customers I talked to are having their attorneys look closely at the contract.
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