Gregg, Joel is a lawyer with Global Finance. Since Corp will be loaning the money, I contacted that legal group to get their buy in (they are Sarah's lawyers, so to speak). Anyway, I thought the change of name from enovate to enervate is priceless. Enervate= to weaken or destroy the strength or vitality of... Strange choice for a company name!!! Kay
Q: What is a potential subject line for this email?
answer: Ennervate
Mark- Sorry for the delay in getting this to you...I've been struggling to find some more concrete information to rest an analysis on, but until we see Transco's supplemental testimony and the Commission Staff's "top sheets", it's very hard to predict where the case will come out. Following, however, are some known variables that will effect the outcome of Transco's proposed increase: Rate of Return on Equity Transco filed for a 15.05% equity return (compared with the 12.4% recently affirmed by the FERC in the RP97-71 docket). Transco based their filed number on a restructured "proxy group", which was revised by their witness to include Kinder Morgan, ElPaso Energy Partners, and Northern Border Partners (these were added to ElPaso, Enron and Williams). Adding these entities has the effect of raising the high end of the range of DCF returns from 14.56& to 17.52% The effect of the 260 basis point increase to return on equity amounts to $61million, or approx. 27% of the requested increase. Protests on this issue were filed chiefly by the New York PSC and PSE&G. The NYPSC Protested mainly the change in the structure of the proxy group, citing the fact that the new entities added by Transco's witness are owned in substantial part by existing members of the proxy group. The NYPSC asked for an expedited hearing on the development of a new proxy group--FERC declined to establish an expedited hearing but did set this issue for the hearing to be conducted before Judge Harfield.
Q: What is a potential subject line for this email?
answer: Transco Rate Case
Presentation: Great Lakes Transmission When: Monday, June 18 (3:00-4:30) Where: Troy, MI (Detroit) Who: Shiela Walby (Marketing); The main guy is Great Lakes is Art Edmunds [this is who I spoke to] and he will be out of town for several weeks but wants us to meet with Shiela, his rates/pricing manager; An IT person will be at the meeting as well. Comments: Art told me that they run daily auctions for both firm and IT; He also told me that they were unable to get rid of much of their firm capacity this past winter; Alliance, Panhandle Eastern and Vector have created a competitive environment for Great Lakes; Art also told me that they rarely sell at their max. rate due to new competition. Note: We are meeting with Vector on Tuesday.
Q: What is a potential subject line for this email?
answer: Great Lakes Transmission Ltd.
I would be very interested in finding out more about the Deal Control position and what it entails. Coming from a background in print journalism leaves me somewhat at a loss for practical experience; however, I make up for skills in my ability to learn quickly and work aggresively. I'll come by sometime today to talk further about this opportunity. Thanks for the notice. Kate
Q: What is a potential subject line for this email?
answer:
Deal Control Position