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Enron Mail |
FYI, attached is the presentation about the Fort Pierce Repowering Project
that was conceived, put together and made to Louise Kitchen while I was in Florida earlier this week working on the Ft. Pierce project. I provided input on the contractual legal risk posed by the most current drafts of the FPUA/FPRP Development Agreements ( incidentally, the draft Development Agreements were approved by the CIty of Fort Pierce and the Fort Pierce Utilities Authority Monday and Tuesday). It isn't that clear from the way it was formatted, but the risk is described by bullet point with a short description of the risk and potential mitigants. I made no attempt to address other project legal risks in the presentation ( for example, the various procurement and EPC contract risks or legal aspects of the development risks ). My understanding is that the attachment was used in a presentation seeking authorization to spend an additional $500,000 under contracts and commitments already authorized in the prior I - DASH for the project. I have not heard whether a formal DASH for this amount is contemplated or required. The commercial team is contemplating a full DASH for the project prior to executing the Development Agreements on or about May 11, but that DASH may be hard to complete with precision as we won't have any of the three EPC contracts for the deal, and perhaps not the terms of the Mitsubshi consent related to the use of the turbine, negotiated by that time. ----- Forwarded by Barton Clark/HOU/ECT on 04/25/2001 02:44 PM ----- Elizabeth Johnston/ENRON@enronXgate 04/25/2001 02:26 PM To: Barton Clark/HOU/ECT@ECT cc: Subject: RE: Ft. Pierce Presentation I have attached the presentation that was given to Louise yesterday. Let me know what else I can do. Elizabeth x35888 -----Original Message----- From: Clark, Barton Sent: Wednesday, April 25, 2001 2:03 PM To: Johnston, Elizabeth Subject: Re: Ft. Pierce Presentation Please forward me the final version of the presentation as given to Louise yesterday. Thanks. Elizabeth Johnston/ENRON@enronXgate 04/24/2001 08:25 AM To: Ozzie Pagan/ENRON@enronXgate, Brian Redmond/ENRON@enronXgate, Barton Clark/HOU/ECT@ECT, Ben Jacoby/HOU/ECT@ECT, David Fairley/ENRON@enronXgate, W David Duran/HOU/ECT@ECT cc: Subject: Ft. Pierce Presentation Per Ozzie's requested, I have attached the latest version of the Ft. Pierce presentation. I will be making more changes today and will forward you the updated version. Please let me know if you have any questions or if there is anything else I can do. Elizabeth x35888 << File: FT Pierce_042301.ppt <<
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