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Ben,
Could you forward to me name and phone number of EE&CC person who you are contacting to get VOM? I will give it to Thomas in case he wants to give him a call. Thanks. Jin ---------------------- Forwarded by Jinsung Myung/Corp/Enron on 02/23/2000 07:22 AM --------------------------- Jinsung Myung 02/22/2000 07:31 PM To: Thomas M Suffield/Corp/Enron@Enron cc: Benjamin Rogers/HOU/ECT@ECT Subject: Calpine deal summary Thomas, Here is a Calpine deal summary. ENA would sell four LM-6000 turbines to Calpine. Calpine would be responsible for permitting, constructing, financing and operating the peaking power plant in Eastern PJM. ENA would enter into a short-terrm tolling agreement to buy power from Calpine for 3 or 5 years. Work needed to be done : - getting VOM for LM-6000 from EE&CC. - getting flat capacity payment ($/kw-mo period) for 3 and 5 years from Structuring group, based on VOM, Heat rate, dispatch, and location of the plant. - building 20 year economic model to understand Calpine position. Profit generator: We buy power from Calpine at lower price than that of ENA bid curve. I think it will be helpful if Thomas call EE&CC to get VOM ASAP, so that we can talk to Structuring group. Please review and let me know if it makes sense, and then I will send you, Scott, Richard Park, and Tom Swank. If someone needs to have just Eastern PJM curve, we can try to get from Structuring group tomorrow. Richard Park told me about PJM curve but I am not sure what exactly this is for. Thank you. Jinsung Myung (Ext: 37330)
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