IN: The State of New Mexico has issued the settlement penalty for the turbine replacement issue at the P-1 C/S. You may remember that the original amount levied against Transwestern in 1997 was $14,700. After the Air Quality Bureau sat on this issue for more than 4 years, they reassessed the penalty to be $162,770. I would like to get together and discus what our options are on this.

Generate a subject line.

OUT: P-1 NOV Issue

IN: Just wondered since we had not heard from you, whether you are still there in view of all that has happened with Enron. How is Scott doing? Hope to hear from you sometime soon. Buster, Chris & Oliver

Generate a subject line.

OUT: Hi there

IN: Reviewed all airlines in CAS; the following are our exposures as of COB 9/14/01: Continental Airlines: EES - $33,598 consisting mainly of one very small gas sale (40,510 mmbtu) extending through 8/02 and the related monthly receivable AirTran: ENA - ($7,346,638) consisting mainly of HO and WTI financial swaps extending through 2004 - fairly significant volumes British Airways: ENA and ECTRIC - ($7,882,260) consisiting of mainly WTI finanacial collars extending through 2003 Air Canada: ENA - ($2,703,433) consisting of mainly WTI financial swaps extending through Q1 2002 Jet Blue Airways: ENA ($40,682) consisting of financial WTI swaps extending through this year I have created a tracking group in CAS so that we can run reports easily to quantify our exposure daily, if needed. Additionally, all airlines have been added to the Credit Watch List as of this morning. Please advise if you have further questions. Tanya

Generate a subject line.

OUT: Airline Exposure

IN: The end is in sight! The break out contracts for the TurboPark LM's need to be finished up (not news to anyone). Each of these agreements will be between GE and E-Next Generation LLC (DevCo) and GE, unless the project company is already owned by DevCo. I suggest that each agreement reference be the same as the original, with an adder which makes it clear which project it belongs to (LVCG, FV, CISO1 and CISO2, for example). Al, your contract needs to be fixed up. Please contact Pete Thompson at AK in DC to get it rolling, if you haven't all ready. 212 662 2780 Pete, the CA Development agreements should now be in the name of E-Next Generation LLC. For indentification purposes we can call the contracts CISO1 and CISO2. Thanks,

Generate a subject line.

OUT:
LM 6000 breakout contracts