Enron Mail

From:rahil.jafry@enron.com
To:kay.mann@enron.com
Subject:RE: Cogentrix
Cc:
Bcc:
Date:Mon, 12 Nov 2001 15:39:12 -0800 (PST)

We'll be marketing power from their Kenansville plant on a unit contingent basis. Together, we will establish a bogie price (their marginal cost of generation), and any value we can get them above this bogie price will earn us 25% of the extra upside we manage to get them. They have a right to terminate with a 30-day notice and/or sell their power to other third parties at anytime.

- R


-----Original Message-----
From: Mann, Kay
Sent: Monday, November 12, 2001 4:59 PM
To: Jafry, Rahil
Subject: Cogentrix

Getting warmer. Could you send me an email with a brief description of how you see us marketing their energy.