Here is an email: This was sent to me by one of the developers. I believe it relates to an expansion (or new interconnection) of the Caledonia facility. I don't know which lawyer has been working on it, so I'm sending it around to see if anyone claims it. Chris thought that someone from Power Trading may have been working on it. Kay
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A: Option Agreement and Easement
Q: Steve, pursuant to Rob's request, please find attached my excel spreadsheet with a calculated monthly projected revenue for the Red Rock project for approx. $1,547,000 (30 day month). Lorraine Lindberg and Michelle Lokay provided me with the volume and negotiated rates. Michelle mentioned that Jeanette Doll may have a similar worksheet.
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A: Red Rock Projected Revenue - from k. allen
IN: Ed & Brant: I'm being hounded by ENE but no Enron traders seem interested. Brant prepared a new worksheet based upon which we sent a new ISDA. ENE "represents" four municipal utilities and is trying to negotiate ISDA's on behalf of those utilities. I think the agent is off-base and I'm not sure that any of the utilities really want to trade financial. Ed, Shari suggested that you may have some insight into ENE. Should I drop this one altogether? Or are we interested in pursuing? Either Ed or Brant please let me know. Thanks.

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OUT: Energy New England LLC ("ENE")
IN: This is an email
Stacey, figured out where 88MM of our 89MM difference is between the two portfolios. Duplicate deal with Powerex. Mid C is out about 1MM so I will look at it when I get back. Call me at home if needed. John

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OUT: West vs Bankruptcy
QUESTION: The speaker introduced a bill that would: Order the CA PUC to establish a "rate component" to permit the utilities to recover its "net undercollected amount" over a period of ten years. (Sounds like there may be a haircut in there somewhere.) Authorize the State Water Dept. to purchase power on behalf of utilities and munis. Order the CA PUC to create a separate rate component to cover the Dept. 's cost of purchasing the power. Authorize the Treasurer to issue debt, backed by ratepayers, to cover any difference between the price the Water Dept. buys the power for and the price that can be collected from ratepayers under the rate freeze. Authorizes the State Director of Finance to "accept on behalf of the state any tangible asset of an electrical corporation." (Presumably the state is looking to get something from the IOUs (say, the hydro assets) in exchange for giving the utility it's "net undercollected amount." The bill is long and haven't yet had a chance to review it in detail. We're faxing the bill. The bill will be controversial and it is unclear who in the Legislature has bought into it, though the Governor signaled his general support for this sort of approach in a press conference last night announcing the results of the power auction. The Assembly is scheduled to have a hearing on the bill later today. Will pass on more info as we get it. Jeff
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ANS: New Bill Introduced in CA Legislature
IN: Thank you for making your travel plans with Travelocity.com. We have issued your ticket for the following reservation. We suggest that you save this notification for reference should you need to contact us concerning your tickets. TRIP ID:727484718985 The Federal Aviation Administration now requires that you have a photo ID and a printed passenger receipt or paper ticket for travel. Your electronic ticket receipt is available online. To access your receipt: * Go to Travelocity at www.travelocity.com * Click My Stuff * Log in to your account * Select your trip * Click the "view/print receipt" button * Print this receipt and take it with you to the airport If you do not have your electronic ticket receipt, you will be directed to the ticket counter for check-in. Plan to arrive at the airport at least 2 hours prior to departure. The following increases in security measures should also be expected: * No Curbside check-in for baggage * No parking or waiting at curbs * Only ticketed passengers will be allowed past security checkpoints * All carry-on baggage will be subject to search * No knives of any kind will be allowed on airplanes If you have any questions or concerns, please contact us via email at memberservices@travelocity.com ; be sure to reference your Trip ID. We will respond to your email within 24 hours. Alternately, you may call Travelocity.com Customer Service at 888-709-5983 with your Trip ID available. We are open 24 hours a day, 7 days a week. We strongly recommend that you check your reservations in "My Stuff" on Travelocity.com within 48 hours of departure for any last-minute changes. You should also reconfirm your flights by calling the airline at least 24 hours prior to travel (48 hours for international flights). Thank you again for your business.

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OUT:
Travelocity.com TICKETING CONFIRMATION