Q: With the cancellation of a number of Surety Bonds by our providers, we are faced with a potential credit crunch in NEPOOL. Also, it is my understanding (although I haven't seen anything) that our Nov 2001 bills are due in all of the markets on Dec 20, 2001. Christi and I are trying to work out our payment plans (if any) and other requirements to keep our books afloat. We need to have support on understanding any payment obligations (and bills if we have them) and issues (e.g., Annual Fees). Who can we talk with for each market? Thanks,
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A: PJM/NEPOOL/NYISO

Q: Attached is the revised regulatory matrix for Transwestern's Red Rock Expansion project reflecting the request for an extension of time to replace the units at Station 4. Remaining notifications include: start of construction at Stations 1 & 3, and 4 if applicable (within 10 days), end of construction and in-service date (within 10 days), actual costs (within 6 months after facilities constructed), noise survey at Stations 3 & 4 (within 60 days after in-service), and any additional changes in construction and/or mitigation procedures (WOULD REQUIRE A DIRECTOR'S LETTER BEFORE IMPLEMENTING CHANGE). Questions -please let me know at 7138 in Omaha. Thanks. Donna
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A: Red Rock Regulatory Matrix

Q: Spoke w/ Skilling re OI "binary" decision. He is willing to enter into the deal. His rational is that he thinks we will be ok on OWC in the final analysis. He did say to reserve for the deal adequately and structure it as appropriate for the circumstances. He also wanted to know if there is anything different here than on OWC. I told him that it wasn't significantly different (both strong underlying businesses with huge event risk attached) Lets get dash completed and then I will voice mail Jeff w/ specifics and get his verbal signature. Rick
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A: OI

Q: Lisa Bills and I spoke concerning this transaction, and what kind of document we can put in front of Peoples at this time. Here are the highlights from our conversation: Enron can't enter into a binding commitment to purchase the equipment without putting the Moore project on the balance sheet. Therefore, either WestLB needs to enter into the agreement with Peoples or Enron can enter into an option agreement. There is room in the WestLB facility for the turbines; however, RAC needs to approve the purchase. Lisa advises that Transaction Support (Herman or Roger) needs to buy in as well. I understand we would like to present a binding agreement to Peoples tomorrow, however, this appears to be problematic given the need to keep the Moore project off the balance sheet. I'm available to discuss this. Lisa advises that she will be in tomorrow as well. Lisa, please correct me if any of this is not accurate. Kay
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A:
ABB turbines/site marketing agreement