Enron Mail

From:fred.mitro@enron.com
To:sheila.tweed@enron.com, mike.miller@enron.com, mark.taylor@enron.com
Subject:Aquila notice - Onondaga
Cc:ben.jacoby@enron.com
Bcc:ben.jacoby@enron.com
Date:Tue, 2 Jan 2001 01:56:00 -0800 (PST)

I have received a letter from Aquila Energy dated 12/28 notifying ENA of
Aquila's intention to sell its rights in the ISDA Master Swap Agreement
between Onondaga Cogeneration L.P. (OCLP) and NIMO. Aquila also is
requesting that ENA's waive the 30-day period provided for in Section 6.1 of
the Cash Flow Interest Agreement between ENA and OCLP.

I have forwarded the original of this letter to Sheila and a copy to each of
you. Mark is currently reviewing Aquila Energy's proposed CA. Once the CA
form has been agreed upon and executed, Aquila will forward to me the
relevant Master Swap documents necessary for ENA's evaluation of this
monetization opportunity.

Call me if you wish to discuss.

Fred