Columbia/New Power Asset Purchase

---------------------- Forwarded by Chris Germany/HOU/ECT on 07/12/2000 09:39
AM ---------------------------

Enron North America Corp.

From: Colleen Sullivan 07/12/2000 08:21 AM

To: William Kelly/HOU/ECT@ECT, David Oliver/HOU/ECT@ECT
cc: Chris Germany/HOU/ECT@ECT, Dick Jenkins/HOU/ECT@ECT, Scott
Neal/HOU/ECT@ECT, Scott Goodell/Corp/Enron@ENRON
Subject: Columbia/New Power Asset Purchase

New Power Company will be formally taking over the CES-Retail Agreement
effective 7/31/00. Who should be responsible for changing all the deals in
Sitara to correctly reflect the new arrangement? Please advise.
---------------------- Forwarded by Colleen Sullivan/HOU/ECT on 07/12/2000
08:19 AM ---------------------------

Enron Capital Management

From: Mark Breese 07/10/2000 06:46 PM

To: Colleen Sullivan/HOU/ECT@ECT
cc:
Subject: Columbia/New Power Asset Purchase

---------------------- Forwarded by Mark Breese/HOU/ECT on 07/10/2000 06:45
PM ---------------------------
Carol St Clair 07/10/2000 06:45 PM

To: Mark Breese/HOU/ECT@ECT
cc: Brant Reves/HOU/ECT@ECT, Samantha Boyd/NA/Enron@Enron, Stacy E
Dickson/HOU/ECT@ECT
Subject: Columbia/New Power Asset Purchase

Mark:
I received a notice in the mail in connection with Columbia Energy Services
Corporation's sale of its "Mass Markets" business to The New Power Company.
The purpose of the notice was to inform us that effective July 31, 2000
Columbia would be assigning its interest in the January 30, 1998 ISDA Master
Agreement that it has with ENA to New Power as well as all transactions under
it. Please call me if you have any questions about this. I expect that we
will receive shortly a formal consent agreement.

Carol St. Clair
EB 3892
713-853-3989 (Phone)
713-646-3393 (Fax)
carol.st.clair@enron.com