Sean, In a scheduling error we were forced to bookout a deal with PGE($18.50) for the 25mw short HE 19 on 9/28. I apologize for the error. Give me a call if you have questions.
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answer: pge short
We will hold off transferring any physical positions desk to desk until the end of bidweek. After NX1, we will transfer positions at a daily EOL Index mid price. Please monitor my book and others to make certain DEC deals are not being transferred prior to NX1 at an IF monthly or GD daily mid price. Thanks,
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answer: DEC physical
Could you guys please get in touch with Andrea Bertone in Sao Paolo & send her copies of our forms that might be useful in coming up with appropriate documentation for this transaction. Sara - you should probably discuss with her the regulatory situation and make sure we can actually do this. Brent may have some information as well. Thanks,
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answer: Brazilian Power Trading Contratcts
THIS TERM SHEET PROPOSAL IS FOR DISCUSSION PURPOSES ONLY TO FACILITATE THE NEGOTIATION PREPARATION AND EXECUTION OF A DEFINITIVE AGREEMENT. THIS TERM SHEET PROPOSAL IS NOT AN OFFER OR COMMITMENT BY BUYER OR ANY AFFILIATE OF ENRON NORTH AMERICA CORP. ALL PRICES AND TERMS ARE SUBJECT TO CHANGE UNTIL SUCH TIME WHEN A DEFINITIVE AGREEMENT MAY BE SIGNED. THIS TERM SHEET PROPOSAL IS NOT INTENDED TO CREATE A BINDING OR ENFORCABLE AGREEMENT OR CONTRACT OR TO BE COMPLETE AND INCLUSIVE OF ALL THE TERMS OF THE SUBJECT TRANSACTION. FURTHERMORE, THIS TERM SHEET PROPOSAL IS NOT A COMMITMENT OR AGREEMENT TO ENTER INTO A BINDING AGREEMENT OR CONTRACT IN THE FUTURE.
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answer:
Language for proposal