Re: Tenaska IV

Any word yet? I don't mean to rush you, but Tenaska IV is being very
persistent.
---------------------- Forwarded by Megan Parker/Corp/Enron on 12/04/2000
03:55 PM ---------------------------

From: Megan Parker 12/01/2000 02:45 PM

To: Daren J Farmer/HOU/ECT@ECT
cc:

Subject: Re: Tenaska

That sounds great. Because of the accrual, I cannot draft this today. I
will try it on Monday. What about the demand fee for the payable to Tenaska
IV. Do you think that is a good idea? I explained it to Kris Hanson and she
agreed that it was the best way to book this payable. We would need a new
demand purchase ticket for Tenaska IV on the Cleburne desk in the amount of
$2,803,586.41 with no volume and no commodity. This is more than we owe
Tenaska IV, but I will net it with the Tenaska IV sale and the $0.04 demand
fee to pay a net amount of $1,551,050.76. I have attached my spreadsheet
which details our payment. We will have to adjust this number once we get
the actual volumes. I would like to pay Tenaska IV next week, so please let
me what you think.

Thanks,
Megan