Harry, I spoke with Greg Manako with Exelon last week when you were on vacation. He had the following comments regarding the HR options you were hearing about in the market place: 1. They are not sure of their long term perspective. Thus, they are focusing on structures that are three years and less. 2. They are interested in June-September only 3. They are flexible on the size of the transaction (100-500 MW?) 4. They want to buy a 10-11 HR and sell a 6-7 HR. 5. They would like a financially settled transaction. 6. They would love hourly (virtual peaker) but would settle for daily. Please let me know your level of interest. I would like to get something back to them just to start discussions. In addition, I am ready to give MidAmerican Energy some indicative numbers whenever you get them. Thanks,
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Comed Heat Rate Options