|
|
Enron Mail |
ISO-NE is seeking the following by December 20, 2001 to continue Enron's presence in the market --
EPMI Amount Due $2.1 MM Security $112.1 MM EES/EEMC Amount Due $6.2 MM Security $22.2 MM 1. We are verifying these figures (ISO-NE may have EES and EPMI Amount Due reversed) 2. The process post 12/20/01 is unclear - not sure if Enron companies can schedule without posting Security 3. Surety Bonds have been revoked and Safeco/Fireman's sent notices that Bonds can not be used for post-petition claims EES #6131506 $12.0 MM EES #11133420767 $8.0 MM EEMC #11133420783 $14.4 MM EPMI #6131468 $12.0 MM EPMI #6107679 $40.0 MM I can't imagine that Enron will post collateral in these amounts. In the CAISO market, Enron has 3 days of projected expenses as Security coupled with a going-forward power supply. May be an alternative worth considering? Any other questions, please call me at 3x7673
|