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Enron Mail |
---------------------- Forwarded by Kay Mann/Corp/Enron on 07/17/2000 05:00
PM --------------------------- Enron North America Corp. From: Kay Mann 07/13/2000 06:25 PM To: Laura Luce/Corp/Enron@Enron, Gregg Penman/Corp/Enron@Enron, Fred Mitro/HOU/ECT@ECT, Rusty Stevens/Corp/Enron@ENRON cc: Lisa Bills/Corp/Enron@ENRON, Thomas Suffield/Corp/Enron@ENRON Subject: ABB turbines/site marketing agreement Lisa Bills and I spoke concerning this transaction, and what kind of document we can put in front of Peoples at this time. Here are the highlights from our conversation: Enron can't enter into a binding commitment to purchase the equipment without putting the Moore project on the balance sheet. Therefore, either WestLB needs to enter into the agreement with Peoples or Enron can enter into an option agreement. There is room in the WestLB facility for the turbines; however, RAC needs to approve the purchase. Lisa advises that Transaction Support (Herman or Roger) needs to buy in as well. I understand we would like to present a binding agreement to Peoples tomorrow, however, this appears to be problematic given the need to keep the Moore project off the balance sheet. I'm available to discuss this. Lisa advises that she will be in tomorrow as well. Lisa, please correct me if any of this is not accurate. Kay
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