NSTAR 6-month Transaction

John, great job!

Please, work with Jeff to move the longer term deal along.

Regards
Delainey
---------------------- Forwarded by David W Delainey/HOU/ECT on 05/26/2000
08:43 PM ---------------------------

Enron North America Corp.

From: Kevin M Presto 05/26/2000 10:11 AM

To: Mark Dana Davis/HOU/ECT@ECT, John D Suarez/HOU/ECT@ECT, Tom
May/Corp/Enron@Enron, Jeffrey Miller/NA/Enron@Enron, Paul J
Broderick/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, John
Llodra/Corp/Enron@ENRON, George Wood/Corp/Enron@Enron, Berney C
Aucoin/HOU/ECT@ECT, Carl Livermore/HOU/ECT@ECT, Yvan Chaxel/Corp/Enron@ENRON,
Raymond Bowen/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, David W
Delainey/HOU/ECT@ECT, Doug Sewell/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT,
Janice R Moore/HOU/ECT@ECT, Chris Gaffney/HOU/ECT@ECT, Elizabeth
Sager/HOU/ECT@ECT, Thresa A Allen/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Kim
S Theriot/HOU/ECT@ECT, Paul Racicot/Enron Communications@Enron
Communications, Janet R Dietrich/HOU/ECT@ECT, Jeffery Ader/HOU/ECT@ECT, Ozzie
Pagan/HOU/ECT@ECT, Rebecca Phillips/HOU/ECT@ECT, Kristin
Albrecht/HOU/ECT@ECT, Jenny Latham/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT,
Vladimir Gorny/HOU/ECT@ECT, Corry Bentley/HOU/ECT@ECT, Gerald
Gilbert/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Lloyd Will/HOU/ECT@ECT, Greg
Woulfe/HOU/ECT@ECT, Rogers Herndon/HOU/ECT@ect, John Zufferli/HOU/ECT@ECT,
Jeff King/Corp/Enron@Enron, Mark E Haedicke/HOU/ECT@ECT, Jim Fallon/Enron
Communications@Enron Communications
cc:
Subject: NSTAR 6-month Transaction

I would like to personally thank and congratulate everyone involved in
helping ENA bring closure to the NSTAR wholesale power transaction. Any
transaction of this nature requires support from many people and I appreciate
everyone's hard work in making this transaction a reality. In addition, I
believe ENA is well positioned for a longer term transaction with NSTAR. I
would encourage John Llodra and Jeff Ader to work closely together to create
the best value proposition for Enron on the long term deal.
Strict Confidentiality language is embedded in the 6-month NSTAR transaction,
and it is extremely important that everyone involved honors the zero
tolerance nature of this Confidentiality provision. The bottom line is that
we cannot disclose anything about this deal to any third partiies, including
the mere existence of the deal. If we do not respect this provision fully,
we will jeapordize our goodwill with the customer and thus our ability to
move forward with a longer term transaction. In addtion, there could be
negative legal ramnifications.

Thanks again for a job well done. If I missed anyone who was involved in the
transaction, please forward this e-mail to those individuals.