Enron Mail

From:rob.gay@enron.com
To:peter.weidler@enron.com
Subject:Re: Cuiaba Project
Cc:
Bcc:
Date:Wed, 20 Dec 2000 01:49:00 -0800 (PST)

Those dates are fine for me. Copies of the docs will be sent your way
shortly.




Peter E Weidler
12/20/2000 08:57 AM
To: Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John
Novak/SA/Enron@Enron, Joao Carlos Albuquerque/SA/Enron@Enron, Richard A
Lammers/SA/Enron@Enron, Rob G Gay/NA/Enron@Enron, Laine A
Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Felipe Ospina/NA/Enron@ENRON,
Christiaan Huizer/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe
Kishkill/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron

Subject: Cuiaba Project

I have been informed that Cuiaba I is in Global Assets shop and that I have
been tasked with responsibility for bringing it to successful closure.

Think there are different definitions of successful closure. Financial
close is key step - gets Enron's money out, but does not improve the
economics of the project. I am looking to get as much of Enron's money out
as possible and improve the economics of the remaining investment.

Cuiaba I is very much intertwined with the GTB/Transredes chain - also with
Cuiaba II - restructuring of the project is complex - but we have pretty
clear contractual rights to restructure the supply - if the Furnas consent
does not come - poker game becomes very high stakes during January - and of
course compounding all this is construction and budget and the mark to market
position.

I would like to meet with Jose, John, Joao Carlos, Rick, Rob, Laine,
Christiaan, and Felipe in Houston on the 8th, 9th and 10th (if needed) of
January to go through this from top to bottom and figure out the game plan
for how we are going to play these different opportunities off of one
another.

Please confirm your attendance -

Joe/Orlando - if I am missing a key participant - please let me know.

Rob - can you get someone to make copy of the PPA, GSA, and Key financing
documents for me to read.

Yvette - please get a large conference room for the three days.

Pete