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Enron Mail |
Scott,
Structuring got back to us with some issues we need to clarify to get the pricing from a trader. Capacity - Will Calpine be able to get manufacturer's guarantee for net capacity (or can we re-sell turbines to third party?) - Is it "unit contingent call" or there will be a kind of "liquidated damage protection" within the tolling agreement? Nodal pricing - What is the exact name of substation in eastern PJM? Structuring could not find "Parlin" (even within eastern PJM, there will a substantial pricing differential among different bus points). Gas delivery point Actually, it is really hard to get the number by today since a trader who will give pricing is not here today and such a short period of notice. If we don't hear from you or/and if you don't decide yet, we will make assumption as follows; - Capacity: 180 MW out of 4 LM-6000 turbine with manufacturer's guarantee and with term of liquidated damage protection included. - Exact substation: East Hub in PJM - Gas delivery point: Transco Zone 6 We will try to get the pricing hopefully by tomorrow. Please call me at 713-853-7330, if you have any question. Thank you. Jinsung
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