Enron Mail

From: james.centilli@enron.com To: rod.hayslett@enron.com Subject: TW Expansion Project Cc: Bcc: Date: Tue, 31 Oct 2000 06:22:00 -0800 (PST) The attached model has the RAROC and COS model in the various spreadsheet. The rates I gave on the matrix and the COS rate track for the 500 MMBTU/d expansion at the $613,500M unleveraged. We would experience negative depreciation for the first five years of the project. Under the 70/30 debt equity scenario we would have a rate about $.58 and that tracks with the DCF model, and we would have escalating depreciation rates over the term of the project.