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Enron Mail |
Kendal:
This is my last day at Enron, so I apologize for not getting back to you earlier this week to try to wrap up the CP&L EEI master -- there were many loose ends I had to tie up and I've run out of time. So Carol St Clair (another lawyer in our group) will be pursuing the EEI master with you, with Genia Fitzgerald's help. As for NC Power HOldings -- there is no EEI Master for the daily call option transaction, and there won't be one. We decided to pursue this transaction as a one-off deal on our "long-form" confirm b/c the credit terms we would have required of CP&L for an EEI Master were troubling to CP&L and would have delayed the transaction beyond the point that the parties found tolerable. Now, of course, CP&L has worked through some of those issues, but at the time, we just decided to use another approach. Hope this answers your question. It was a pleasure working with you and I hope our paths will cross again. Regards, Janice EB3861 Assistant General Counsel, Enron North America Corp. 713-853-1794 (Fax: 713-646-4842) "Bowman, Kendal" <kendal.bowman@pgnmail.com< 05/01/2001 10:53 AM To: "'Janice.R.Moore@enron.com'" <Janice.R.Moore@enron.com< cc: Subject: CP&L/NC Power Holdings Agreement Janice, I apologize for not giving you a call back to discuss the CP&L/Enron EEI agreement, we still need to set up a time to discuss. I am available this afternoon and all day on Friday. Let me know if either of those times work for you. -Now the reason for this e-mail (I can't get a hold of the people internally that know), did we execute an EEI for NC Power Holdings and CP&L? I have a copy of a confirmation letter but I cannot find anything on the EEI - did we determine to just not execute an EEI? Thanks for your help, Kendal Bowman Associate General Counsel Progress Energy Service Company (919) 546-6794
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