Enron Mail

From:kate.symes@enron.com
To:mark.confer@enron.com
Subject:Re: Any Update
Cc:
Bcc:
Date:Wed, 2 May 2001 01:10:00 -0700 (PDT)

Here's the latest -
The Short Term West Services desk bought power from Sierra Pacific Holding
Co. for 4/29 and 4/30. Then, Bob Ellery, our contact there, called the Real
Time desk and said they had lost a unit and needed to buy some of the power
back from us. The deals are in our system as follows:

594854
EPMI buys Sierra Pac.
NP-15
4/29 - 45 mw round-the-clock
4/30 - 40 mw round-the-clock
$218 off peak
$328 on peak

595714
Short Term West Hourly sells Automated Power Exchange (Sierra's scheduling
coordinator)
NP-15
4/29 - 19 mw round-the-clock
$228
(Total Value = $103,968)

Because Sierra's buy-back was in the Real Time market, we sold to their SC,
not Sierra itself. Also, confirm letters don't go out on hour-ahead trades,
which could be why you're running into some confusion. Let me know if this
helps, and I'll continue to look for a deal flowing on 4/30. The Real Time
group told me there was one, but it's only for the first 6 hours, not the
whole day.

I'll get back to you soon.

Kate




Mark Confer
05/02/2001 07:20 AM
To: Kate Symes/PDX/ECT@ECT
cc:

Subject: Any Update

Kate, what is the latest regarding Sierra Pacific Industries and the buy
backs for the 29th & 30th in the amount of $103,968 for each day? Let me
know if I can obtain more information for you. The payment terms are net 5
days after receipt of invoice, which they faxed to me on April 30th.

Again, thanks for all your help regarding this and all the EES items.



Mark