Ace, I'm a lawyer at ENA. We are selling some of our peakers, and in conjunction with the sale we have agreed to not contest Siemens Westinghouse retaining the Blue Girl reservation payments. SW has asked that LJM sign off on the agreement, and Rose has suggested that I send the original agreements to you, and indicated that she would help coordinate signature. Your help is appreciated. Please let me know if you have any questions. Kay x57566
Answer: LJM/Blue Girl turbines
Gerald, attached is a chart summarizing the Louisiana Resources/Bridgeline Transaction. Please review the information contained in this chart and provide and/or confirm information where appropriate. I will call you Monday morning to discuss. Regards.
Answer: Louisiana Resources/Bridgeline Transaction Summary
Hello, following up our PGE Budget presentation I am forwarding you the following information. Jessica - the 2002 Capital Slide has been revised to be consistent with the NNG disclosure schedule. The decommissioning forecast is up by $1.6 MM, however since this is funded by the decommissioning trust it should not be an issue. Tracy - Do you have a time and agenda set for the Nov. 1 dry run of the budget presentation? I may be sitting in for Piro so please keep me posted as to what the plan is. Rod - you asked for some detail on our IT capital expenditures. The file IT_Teresa includes the requested detail. Note that in our UE-115 ratecase we were authorized to expend up to $96.8 MM for the 2000-2002 budget years. This is a balancing account, such that if we don't expend the money we have to refund it to customers. As an fyi - I've pasted in below the language from our UE-115 Stipulation on IT costs. Q. What is the basis for the stipulation relating to issue S-45, CIS / IT Disallowance? A. After a Staff review of new IT systems and their associated capital costs, Staff has determined PGE's capital costs for new IT systems to be prudent. As a result, the Parties agreed to full recovery of PGE's IT investments, subject to a Staff audit. PGE will place into base rates 100% of the 2002 revenue requirement related to the 2000, 2001, and 2002 capital additions for the CIS/IT capital items listed below. The 2002 revenue requirement included in base rates will be trued-up to the actual revenue requirement for the CIS/IT capital costs. OPUC Staff will audit PGE's actual capital expenditures for the CIS/IT capital items listed below. 1. Customer information system. 2. Enterprise resources planning (ERP) system. 3. Network meter reading (NMR) backbone and data store (excluding the meters). 4. Miscellaneous capitalized information technology costs. Some of the forecasted 2000-2002 capital additions may be delayed until 2003. Delayed costs can also be recovered, subject to the same Staff audit procedures and standards. Only those costs that are reasonable and prudent will be authorized for inclusion in the "actual" revenue requirement calculation. Accordingly, customers will receive a refund for any costs PGE does not expend or costs the OPUC finds imprudent.
Answer: PGE 2002 Capital Costs and IT Detail
We are pleased to announce the following within EGM: The Convertible Bond Arbitrage desk will be moving from EnronCredit.com to the Equity desk under Gary Hickerson, and will be managed by Mike Bradley. Billy Lemmons has joined Gary Hickerson's unit as well. He is exploring the agriculture value chain and outlining our risk management, (What else here?) Dan Reck will be transitioning out of the coal group and will be exploring our rail and trucking initiatives. These markets together represent approximately $105 billion notionally, and we believe there are many synergies between our energy, coal, and freight trading businesses. In addition, we have asked (Pierre Aury to run our worldwide vessel trading businesses. Scott Moncrief will be responsible for all liquids vessel businesses reporting to Pierre) (should we mention cement here under george mclellan?) Our worldwide weather operations will continue to report to Mark Tawney in Houston, and he will have all V@R allocation responsibility between Sydney, Tokyo, Oslo, and Houston. In addition we will be forming a weather marketing desk in London. Janelle Scheuer will be joining the Global Products from Enron America's East power origination group, and is responsible for developing a mid-market business specifically for our liquids businesses. She will be reporting to John Nowlan. Bill White will be coming over from EBS and has responsiblity for all U.S. financial crude trading. Don Schroeder will continue to have oversight of our physical crude business. Anything else?
Answer:
Org Draft