Guys, notes from the morning meeting. Please review and comment. Specific action items: a) i)further calculation of ENA/Non- ENA capacity charges, ii) estimation of outside legal and iii) formulation of charge out/feedback process to the business units; b) need budget/review for competitive analysis, technical and restructuring. Regards
Answer: ENA Group Expenses
Jim and Rex: The Lehman Bros. form of "put" works fine from a legal perspective. Yesterday, I faxed to you one of the "puts" with underlined language reflecting differences in securities language from our prior swap/forward deals with Lehman. The differences may be alright for purposes of the "puts". Please let Jeff know if the "puts" are acceptable for execution (from the securities perspective). I have already initialed the documents from the swap perspective. Let me know if you have any questions. As usual, thanks for your help.
Answer: Lehman Bros. "puts"
Please note the following addition to the Credit Reserve for October 2001. CP: PG&E Energy Trading - Power L.P. Deal No: 817705.1 Deal Date: 10/12/01 Deal Specifics: Enron to Buy Financial Swap from PG&E Energy Trading - Power L.P. Term: 01/01/2004 - 12/31/2006 Volume: 50 Mw On-Peak Price: $49 Region: NY Zone G (East) Trader/Mid-Marketer: Fletch Sturm Credit Reserve Amount: $60,000 USD RAC: transaction confirmed under ISDA Master Agreement executed 6/27/01 between ENA and PG&E Energy Trading, Power L.P. Please call with questions or comment. Thank you
Answer: Credit Reserve - PGET Deal #817705.1
Gentlemen, This is now back to being the CA Development I and II deal. Please change the name. Please send it to me and Lee Johnson tomorrow, if possible. Kay
Answer:
E-Next Generation CASO1 and CASO2 Comparison of Section 10.8.4