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Enron Mail |
CalPeak was formed as a project company, and is being funded by UTC.
CalPeak was formed less than two months ago, and has no financials. We will provide a pro forma balance sheet should the bidder be selected. Types of typical project support are things like a UT gurantee for one month's fuel supply, etc. Chuck ----- Original Message ----- From: "Ann Donnelly" <adonnell@prmllp.com< To: "'Charles Hinckley'" <cch@cchinckley.com<; <Kim.Ward@enron.com<; <adonnell@prmllp.com< Cc: "'Lyons, Mark'" <mhlyons@earthlink.net< Sent: Monday, April 02, 2001 4:10 PM Subject: RE: CalPeak Power RFP - Shortlist < I just spoke with Kim and she updated me that her credit manager is very < satisfied with the creditworthiness of United Technologies (he thoroughly < reviewed the website and all available information). He reports UT has an < A+ rating. However, he can find no link to CalPeak Power, and could we < please provide that. Kim would also like some additional specifics on the < mechanisms that are envisioned for credit support from UT to CalPeak. < < Ann T. Donnelly, Ph.D. < Principal Consultant < Power Resource Managers, LLP < 1610 C Street, Suite 102 < Vancouver, WA 98663 < Phone: 360/693-8484 < Fax: 360/693-3487 < e-mail: adonnelly@prmllp.com < Website: http:\\www.prmllp.com < < -----Original Message----- < From: Charles Hinckley [mailto:cch@cchinckley.com] < Sent: Monday, April 02, 2001 12:08 PM < To: Kim.Ward@enron.com; adonnell@prmllp.com < Cc: Lyons, Mark < Subject: Re: CalPeak Power RFP - Shortlist < < < CalPeak Power, LLC is a project company and is now a wholly owned subisdiary < of Untited Technologies Corporation (NYSE: UTC). UTC information is < available at www.utc.com, and from the commercial rating services. < < It is not invisioned that CalPeak will benifit from an absolute gurantee < from UTC; however, some credit suport mechanism will be built into the < project and into the fuel supply agreements. < < Chuck < < < ----- Original Message ----- < From: <Kim.Ward@enron.com< < To: <adonnell@prmllp.com< < Cc: <cch@cchinckley.com< < Sent: Monday, April 02, 2001 2:39 PM < Subject: Re: CalPeak Power RFP - Shortlist < < < < < < Ann, < < < < I just spoke with Jay Williams from our credit department and he only < needs < < CalPeak's latest audited financial statements with management notes. Any < < additional information that helps us understand the company and how it is < < set up will be helpful. Sending this information overnight will probobly < < be our best bet. My address is as follows: < < < < 1400 Smith Street, EB3206a < < Houston, TX 77002 < < < < Also, Jay's phone number is 713-345-3923. Let me know if you have any < < questions. < < < < Thanks, < < < < Kim < < < < < < < < < < < < < <
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