IN: This is an email
Kim: I was hoping to catch up with you after Stan's meeting to discuss TW financing arrangements. Their is still a very good possibility that TW could be added to the Cpt. 11 companies sometime in early Jan. (the Revolving Credit Agreement would be paid off as part of that process). Two things to remember on new projects - (i) likelihood of TW cash for equity in deal is very low and (ii) If TW is put into Cpt. 11, the implications of its credit on the other counterparties. If we can find other people's money and structure around the TW credit risk, we have a better chance (but still will be extremely tough). As you heard this morning, cash is at a very high premium right now (especially with Red Rock expansion). Thanks,

What is the subject?

OUT: Financing Arrangements

IN: This is an email
Sally, Here is a first cut at our contractor cuts. I am still working on the rates/monthly savings. In most cases, I guessed. I should have updated rates tomorrow. Please let me know if you have any questions. JR

What is the subject?

OUT: Contractors

IN: This is an email
Steve & Christian, After talking with the Southwest desk here is what is happening with Azusa. Deal #831407.1 Paloverde Heavy Load 10mw Purchase from Azusa at $32.50 1/1/02 thru 3/31/02 Deal #537901.1 Paloverde Heavy Load 10mw Sale to Azusa at $139.00 1/1/02 thru 12/31/02 These two deals are the only ones active for January and are being performed on. They are booked out financially. All other deals I found are for Q3 '02 and beyond. I hope this clarifies some things. PP

What is the subject?

OUT:
City of Azusa