Enron Mail

From:brant.reves@enron.com
To:gerald.nemec@enron.com, trevor.mihalik@enron.com, ragan.bond@enron.com
Subject:Cinergy gty
Cc:charles.kaufman@cinergy.com
Bcc:charles.kaufman@cinergy.com
Date:Wed, 31 Jan 2001 04:08:00 -0800 (PST)

hello everyone,

Attached are the ENA/TEPI guaranty formats. Bridgeline Holdings already
provides Cinergy Marketing & Trading a $15MM guaranty, but ongoing spot
market transactions are consistantly above the cap. Therefore, we have
offered to provide a JV gty. See below e-mails for reference.

Gerald - Please begin the process of having this ENA gty executed. Both
sides should include a $15MM cap.
Trevor - Please forward this request to TEPI for execution. Both sides
should include a $15MM cap.

Chuck - let me now if I can do anything else.

brant






---------------------- Forwarded by Brant Reves/HOU/ECT on 01/31/2001 11:59
AM ---------------------------


Brant Reves
01/31/2001 11:53 AM
To: Ragan Bond/Corp/Enron@ENRON
cc:
Subject: Cinergy

Spot market business is really large with this customer. We are continually
going to be above the $15MM Holdings guaranty so I offered up another $15MM
ENA/TNG guaranty, i.e. $30MM of combined guaranty support. He seemed
pleased. I suggest you call them back and confirm they will take you for
Feb. In the meantime I will get the ball rolling on the new guaranty.

brant





Ragan Bond@ENRON
01/31/2001 07:10 AM
To: Brant Reves/HOU/ECT@ECT
cc:
Subject: Re:

Chuck's phone # is 713-393-6823. Thanks for your help!