Spreadsheet: louise_kitchen__24305__Summary Deal Sheet
Sheet: DEAL SHEET

Since Asset Marketing inception in April 2001
Deals | Total Dollar Proceeds | Gain | Date Closed | Responsible Parties from Asset Marketing Group | Comments
Deals Closed
1)  Sale of three peaking projects (Gleason, [NAME] and West Fork) by ENA to Allegheny | 1047700000 | 412200000 | 2001-05-01 00:00:00 | [NAME];  [NAME]; [NAME] | Tough, long closing given Allegheny's lack of funds.
2)  Sale of two peaking projects (Brownsville and Caledonia) by ENA to [NAME] | 499600000 | 225300000 | 2001-03-01 00:00:00 | [NAME];  [NAME]; [NAME]
3)  Sale of one peaking project (New Albany) by ENA to Duke Energy North America | 135000000 | -1100000 | 2001-09-01 00:00:00 | [NAME] Commercial; [NAME]; [NAME] | Used equipment (dated technology) with patent infringement allegations.  Talked to approx. 10 parties - Duke was the only interested party.  [NAME] in a $20,000,000 gain to the desk.
4)  Sale of two small coal facilities in North Carolina by ENA to AIG Highstar Capital | 22000000 | 14500000 | 2001-07-01 00:00:00 | [NAME] | Stuart's involvement was key to making this a much more seller friendly deal.
5)  Sale of an 80% interest in the [NAME] power project | 40129630 | 14500000 | 2001-10-01 00:00:00 | [NAME]; [NAME] Support | Closing extended multiple times given the complexities of IDB issues.  [NAME] sale of remaining 20%.  Will lead to deconsolidation of $136,000,000 in IDB debt.
6)  Sale of ENA's remaining 50% interest in [NAME] I, LLC | 4850000 |  | 2001-11-01 00:00:00 | [NAME] | Stuart's involvement made this document much more seller friendly.
Total Value
Deals Worked On
1)  Execution of an Option Agreement with Mesquite LLC (El Paso) for the potential sale of Cornhusker | $5,000,000 Option Premium with approx. $240,000,000 strike price |  | 2001-09-01 00:00:00 | [NAME] | Stuart played a very key role in negotiating the docs as well as other structural aspects.
2)  Mission Energy - Brooklyn Navy Yard | N/A | N/A | N/A | [NAME]; [NAME] Supporting Corporate Development | This is a case where strong technical people are important.  I, with the aid of [NAME], [NAME] and [NAME] identified a key modeling assumption which rendered the bid uneconomic.
3)  CH Resources | N/A | N/A | N/A | [NAME] | Submitted first round bid.
4)  UAE | N/A | N/A | N/A | [NAME]; [NAME] | Submitted first round bid with Covanta.
5)  Bridgeline | N/A | N/A | N/A | [NAME]; [NAME]
6)  [NAME] QFs | N/A | N/A | N/A | [NAME] | Eight QF projects.  Of these projects, ENA elected to move forward only on Brooklyn Navy Yard.
7)  Cogentrix | N/A | N/A | N/A | [NAME] | Submitted first round bid.
8)  Gas Storage Initiative | N/A | N/A | N/A | [NAME] | [NAME] worked on our gas storage strategy.
9)  Pedricktown | N/A | N/A | N/A | [NAME] | Submitted first round bid.
Deals Currently Working On
1)  Sale of Calgary Power Purchase Arrangement | CDN$300,000,000 +/- expected |  | Est. Q1 2002 | [NAME], [NAME], [NAME], [NAME], [NAME], [NAME] | Information Memorandum ("IM") is already out and first round bids are expected on December 7, 2001.
2) E&P Assets (and Mariner) | $115-$125,000,000 (E&P 0nly) |  | Est. Q1/Q2 2002 | [NAME] | Working with EXCO on $115,000,000 bid for E&P assets. Will have IM out by early 2002. Getting up the curve on Mariner.
3)  Sale of Florida Development Project (Midway and Fort Pierce) |  |  | Est. Q1 2002 | [NAME]; [NAME]; [NAME]
4)  Peoples / Innovate |  |  | Q4 2001/Q1 2002 | [NAME] [NAME] | Evaluating restructuring of gas contracts and sale of JV with Peoples.
5)  Sale of Cornhusker |  |  | Est. Q2 2002 | [NAME]; [NAME]; [NAME]; [NAME] | Teaser letters sent last week.  An IM is currently being prepared and should be ready next week.
6) Sale of Centragas and Promigas |  |  | Est. Q1 2002 | [NAME] | [NAME] has been researching sale of equity to pension funds in Columbia.
7) Ecoelectrica |  |  | Q4 2001 | [NAME] has been helping Mariella and others. | [NAME] has brought our standard, very structured closing process to the ECO closing.
8) Electrobolt |  |  | Est. Q1/Q2 2002 | [NAME] and [NAME] | We have been working with [NAME] in SA to help his team formalize the sales process for Electrobolt.  They have been trying to sell only 50% of the project to [NAME].