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Mary, we are under a good deal of commercial pressure to execute the power = swap with Ontario Power Generation by the end of 3rd quarter. I understand= the swap is for 3 years after Ontario Market Opening, with Enron as fixed = price payor (Cdn. $50) and OPG as floating price payor. I also understand = that OPG has provided their comments on the documentation, and would apprec= iate if we made it a top priority to review and respond to their comments a= s soon as possible. I understand that there may be a significant number of= matters ongoing for quarter end, as well as because of the recent events. = However, the draft ISDA has been outstanding for a considerable period and= , as mentioned, we have commercial pressure to execute the transaction. If= it would expedite matters, perhaps we could document under an Omnibus GTC = (although OPG will likely have similar comments which will need to be addre= ssed) or we could assign another lawyer to completing the documentation, in= cluding Chris Gaffney. Please let me know. Regards, Peter
Ontario Power Generation Swap