Re: Dynegy CA

Yes, but let me review it before anyone else sees it.

Thanks,

Kay

From: Kathleen Carnahan 02/01/2001 02:52 PM

To: Fred Mitro/HOU/ECT@ECT
cc: Kay Mann/Corp/Enron@Enron

Subject: Re: Dynegy CA

Fred, do you have an address for Dynegy? Kay, do you want me to do a draft
of this?

K-

Fred Mitro@ECT
02/01/2001 02:32 PM
To: Kay Mann/Corp/Enron@Enron
cc: Ben Jacoby/HOU/ECT@ECT, Chris Booth/NA/Enron@Enron, Kathleen
Carnahan/NA/Enron@Enron

Subject: Dynegy CA

Kay:

I talked with Gary Hickey at Dynegy this afternoon regarding their interest
in doing a deal involving one or both of the following:

1. Purchasing 100% of the member interests of an ENA development project,

2. A transaction involving generation equipment (7EA, W 501D5A, or LM 6000)

Gary is a V.P. over Dynegy's eastern U.S. and International Development
group. He indicated that their preferred areas for a development project
transaction would be in the SERC, PJM, and Illinois regions. I described the
equipment available for transactions and Gary said that he would take a few
days to look into it and get back to me.

Please draft a CA that would encompass these potential transaction
structures. I am sure that Enron and Dynegy must have a form of CA that has
been agreed upon in the past. Let's see if we can use that form with only
the minimal required changes. Please forward me the draft so that I can get
it to Gary by Monday. I am cc Kathleen as she is looking into the
Constellation Power CA for you.

Thanks,
Fred