Re: FROM BILL SWANSTROM--Project White Knight

We have been working on structures much like this with the "Muni Initiative"
that Amanda Martin started with Mike McDonald and Sandra McDonald. The
problem is finding a muni that is not currently a utility and a utility with
out of the money QF contracts that is willing to sell them that also has the
distribution system to serve the muni. There is not much of a role for us in
these deals in any event.