TurboPark

Please print and put in binder.

Thanks,

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 01/02/2001 09:08
AM ---------------------------
From: Sheila Tweed@ECT on 12/27/2000 05:50 PM
To: Bob Carter/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Karen E
Jones/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Alan Larsen/PDX/ECT@ECT, Dale
Rasmussen/HOU/ECT@ECT, Barbara N Gray/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT
cc: Mark E Haedicke/HOU/ECT@ECT

Subject: TurboPark

Attached are the execution copies of the Turbo Park documents that are
relevant to power plant equipment procurement and development. I have asked
Finance to provide us with summaries of the relevant provisions since the
120+ page Participation Agreement, which is largely a loan agreement, is very
complex. I will nevertheless attempt to summarize the "process" of getting
into and out of TurboPark. In the meantime, please familiarize yourselves
with the documents.