|
|
Enron Mail |
Clarification:
(i) Broker Margins: How much margin do we think we can bring back via Paribas? The full $60mm? (ii) Peoples: Can I sweep the $10mm to Enron and agree to put it back with a gty? Can we put the $40mm back to Peoples if necessary? What is the prepay - they possibly prepay us? Others I've got. Thanks. Joe (i) Broker Margins Approx: $50mm Availability: End of Week Probability: 85% Current position (initial margin) $60mm out. John Arnold will tomorrow bring a large portion of this back by moving positions to our Paribas credit line (we have a $75mm line which we are only using $15mm of). I am working on the rest, which is spread across various other EGM books. (ii) Peoples JV Approx: $135mm Availability: Within month Probability: 50% We have (i) $10mm in the enovate bank account ($20mm in total, 50:50 Enron Peoples), (ii) $40mm storage inventory and (iii) $75mm in a pre-pay. (iii) Emmissions Reductions Credits (held by West Power). Approx: $25.5mm Availability: Dependent on whether financing Probability: 50% If the vehicle is rolled, then we could look to use the additional capacity. The vehicle will be rolled next week. (iv) Mariner - Zero ($2mm in bank) Deffner's group working on EGM's $400mm and Joe Gold is ready to go with his $300mm. So that's good, we should be able to get some of this off.
|