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Enron Mail |
Gerald,
Here is the Term Sheet that has been submitted to Oakhill for some time. It should reflect the following: 7000 hp ( 2 units rated at 3500 hp each) Hanover is expected to package, install and finance for ECS under a 10 yr contract ECS will basically Lease - Purchase from Hanover Hanover will provide all Maintenance for the contract term for a defined cost. (I'm working the cost with Hanover) Power provider = Rusk County Electric Cooperative Rate structure = special structure whereby RCEC commits to term fixed T&D, fixed Generation and fixed Ancillary Services (EES and ENA are basically a no bid on providing the power into SWEPCO & RCEC)
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