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Enron Mail |
This is on the horizon, so I thought I would let you know.
Kay ---------------------- Forwarded by Kay Mann/Corp/Enron on 07/24/2000 06:47 PM --------------------------- Enron North America Corp. From: Kay Mann 07/24/2000 10:06 AM To: Lisa Bills/Corp/Enron@ENRON, Matthew Berry/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON, Herman Manis/Corp/Enron@ENRON cc: Ozzie Pagan/HOU/ECT@ECT, Heather Kroll/HOU/ECT@ECT, Jeffrey M Keenan/HOU/ECT@ECT Subject: VEPCO/FYI I'm working with the commerial team on on PPA (and associated transactions) for Virginia Power. The project involves the construction of a peaker to supply some/most of the power, with the ability to supply from the market as well. The plant has an 01 service date, so things are really picking up. Matt and Herman, this is the transaction we discussed with Heather a few weeks ago. Items on the immediate to do list include: Executing a land option agreement Closing on the land (or assign to City of Rocky Mount, and let them close) Selling/transferring the land to the City of Rocky Mount; negotiate long term lease Negotiating a PILOT agreement (payment in lieu of taxes) with the City Negotiating fuel supply agreements Selecting/contracting with EPC contractor - can it be NEPCO? Long lead equipment purchases (?) - could be home for LM 6000's, but other equipment may be needed Negotiate interconnection agreement This deal is showing a lot of life, so I thought it might be helpful to give you a heads up. Kay
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