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Tracy,
Yesterday at the EEI conference I had lunch with Sierra Pacific's credit, risk, and power contracting folks. Their credit person (Pamela Hirts) is new and was very interested in learning how to manage credit and risk through the EEI. I think they might be receptive to negotiating an EEI with Enron. If the bankruptcy rumors are true, we want to make sure that we have the EEI setoff language in place. Stop by today and we can coordinate our efforts. Steve Rhonda L Denton 04/18/2001 01:35 PM To: Tracy Ngo/PDX/ECT@ECT cc: Kim S Theriot/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Steve C Hall/PDX/ECT@ECT, William S Bradford/Enron@EnronXGate, Tanya Rohauer/Enron@EnronXGate, Edward Sacks/Enron@EnronXGate, Paul Radous/Enron@EnronXGate, Wendy Conwell/NA/Enron@Enron, Veronica Gonzalez/Enron@EnronXGate, Jason R Williams/Enron@EnronXGate Subject: Re: Sierra Pacific Power and Nevada Power confirmations We confirm both of these entitites under the WSPP form of confirm Tracy Ngo 04/18/2001 11:35 AM To: Rhonda L Denton/HOU/ECT@ECT cc: Kim S Theriot/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Steve C Hall/PDX/ECT@ECT, William S Bradford/Enron@EnronXGate, Tanya Rohauer/Enron@EnronXGate, Edward Sacks/Enron@EnronXGate, Paul Radous/Enron@EnronXGate, Wendy Conwell/NA/Enron@Enron, Veronica Gonzalez/Enron@EnronXGate, Jason R Williams/Enron@EnronXGate Subject: Sierra Pacific Power and Nevada Power confirmations Rhonda, Can you confirm for me the forms of confirmations that we have been using to confirm our physical power transactions with both Sierra Pacific Power and Nevada Power? We do not have a "golden" master agreement, so I believe that the transactions are probably confirmed under the WSPP. Given the bankruptcy noise for both utilities, I'd like to be able to get our arms around all of our documentation. Please advise as to the timeliness on getting this information and if we need to pull legal/credit resources to assist or if you are not the point of contact on this matter. Thanks, Tracy
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