Draft Agreement with NHEC

---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 03/13/2000
09:06 AM ---------------------------

John Llodra@ENRON
03/10/2000 03:53 PM
To: Elizabeth Sager/HOU/ECT@ECT
cc: Paul Racicot/HOU/ECT@ECT, Paul.Racicot@gte.net
Subject: Draft Agreement with NHEC

Elizabeth:

Per Paul Racicot's voicemail to you, please find attached a draft power
supply agrreement between Enron and New Hampshire Electric Coop. (Reference
to PSEG in the message body must have been inadvertant). Tracy Ngo ran a
credit check on them and found they have been running a deficit, but didn't
see that as a problem since we are purchasing non-LD unit contingent power
from them.

We need to have comments to them by noon Eastern, 11 Am Houston time.
Thanks very much for your help, and I'll need to swing by and introduce
myself next time I'm down in Houston. I can be reached today, over the
weekend, or Monday at the following numbers:

Office: 978-449-9936
Home: 978-448-9260
If neither of these work, then:
Cell: 978-314-5614
Pager: 877-246-3206

Regards,
John

---------------------- Forwarded by John Llodra/Corp/Enron on 03/10/2000
04:20 PM ---------------------------

"Wayne Frigard" <wfrigard@rubinrudman.com< on 03/10/2000 02:56:59 PM
To: <jllodra@enron.com<
cc: <kaminski@nhec.com<, <teichm@nhec.com<, <mayhews@plmnet.com<, "Kenneth
Barna" <kbarna@rubinrudman.com<

Subject: Draft Agreement with NHEC

Attached for your review and comment is a draft Power Supply Agreement
between PSEG and NHEC. This draft reflects Enron's most recent offer for the
period July 2000 throughAugust 2000. Please have your comments on this draft
to me by noon on Monday, March 13. Please plan to be available during the
afternoon of March 13 for further discussions with NHEC.

If you have any questions, please call.

- 8QHY01!.DOC