Spreadsheet: kay_mann__19268__turbine inv
Sheet: Full Turbine Position Spreadsht

 |  | Confidential                         Turbines For Confirmed Deals - Not Long                 8 June 2000 5:32 am F.Kelly6-6208
 |  | Per EECC
 | Item | Turbine                                                    (Scope/ Cycle) | Off [NAME]? | Delivery Date(s) | Total                            MW                             ISO | Total         Capex          Commitment                     $[NAME] | Initial                   $/KW | Possible Project Site | Paid to Date                     $[NAME] | %                             Enron             Ownership | Contract Status | Enron Ownership | Payment  and Termination Schedule | Current Cancelation Obligation          (Worst Case Long Position)                     $[NAME] | Salvage Value            $[NAME] | Salvage Value             $/KW | Current Liquidation "Position"              (Salvage less Tot Cmmtmnt)                     $[NAME] | Current Minimal Position      Cancll or Liquidate                     $[NAME] |  | Potential          Deal                                    PV                     $[NAME] | Carrying          Cost                                 MM$/Mo                                  @                       10%
 |  | ENA
Green | 1 | 4 X GE LM6000 | West LB | ??Nov/Dec 2000?? |  |  |  | ENA/City of Austin |  |  | Executed | ENA | To Be Provided
Green |  | 1 X GE 7FA - Now Simple Cycle                                            (old Naco machine) | OBS | Qty 1 - Aug 2001 | 156 | 36 |  | Coyote Springs                                                              NEPCO Project | 7 |  | Executed | ENA | To Be Provided | 8 | -70 |  |  |  |  | 20
Green |  | 8 X GE 7EA [NAME] |  | [NAME] | 680 | 142 |  | ENA 2000 Pkrs - Lincoln Center, Ill | 135 |  | Executed | ENA | N/A
Green |  | 2 X GE 7EA [NAME] |  | [NAME] | 158 | 36 |  | ENA - Doyle | 22 |  | Executed | ENA | N/A
Green |  | 1 X GE 7EA [NAME] |  | [NAME] | 78 | 18 |  | ENA - TECO |  |  | Executed | ENA | N/A
Green |  | 1 X GE 7FA Simple Cycle                                  (Cogen Tech Machine) |  | Aug 2000 | 156 | 35 |  | ENA - East Coast Pwr - Linden 6                                                      Confirm GE Re-Structuring                                   Enron Partial Owner | 20 | 0.3 | Executed | ENA | To Be Provided
Green |  | 3 X Used GE 7B Simple Cycle                                                Korean used/refurb equip |  | Refurb/Shipped | 165 |  |  | ENA - Doyle | 22.3 |  | Executed | ENA | N/A
Green |  | 4 X W501D5A Simple Cycle |  | [NAME] | 488 | 86 |  | ENA 2000 Pkrs - Wheatland, Ind | 82 |  | Executed | ENA | N/A
Green |  | 3 X W501F Simple Cycle |  | [NAME] | 552 |  |  | ENA 2000 Pkrs - Gleason, Tn |  |  | Executed | ENA | N/A
 |  | Total ENA
 | Confidential                         Enron Turbine Long Position                 8 June 2000 5:32 am F.Kelly6-6208
 |  | Per EECC |  |  |  |  | F |  | H | I |  |  |  | J | K | L = K / D | M = K - E | N = Smaller of                        J or M
 | Item | Turbine                                                    (Scope/ Cycle) | Off [NAME]? | Delivery Date(s) | Total                            MW                             ISO | Total         Capex          Commitment                     $[NAME] | Initial                   $/KW | Possible Project Site | Paid to Date                     $[NAME] | %                             Enron             Ownership | Contract Status | Enron Ownership |  | Current Cancelation Obligation          (Worst Case Long Position)                     $[NAME] | Salvage Value            $[NAME] | Salvage Value             $/KW | Current Liquidation "Position"              (Salvage less Tot Cmmtmnt)                     $[NAME] | Current Minimal Position      Cancll or Liquidate                     $[NAME] |  | Potential          Deal                                    PV                     $[NAME] | Carrying          Cost                                 MM$/Mo                                  @                       10%
 |  | ENA
Yellow | 1 | 4 X GE LM6000 | West LB | ?????[NAME] thru                                        April 2001 |  |  |  | Qty 4 - ENA/Las Vegas Co-Gen II |  |  | Executed | ENA | To Be Provided | 13 | -279 |  |  | 13 |  | 20
Red |  | 16 X GE LM6000 | West LB | [NAME] thru                                        April 2001 |  |  |  | Qty 2 - City of San Antonio                                                                                                                                                   Qty 6 - Peoples  *****                                                                     Qty 6 - East Kentucky Co-op                                                                Qty 2 - Con Ed                                                                                     Qty 6 - Florida Merchant                                                                         Qty 3 - ESA Puerto Suarez                                                                       Qty 4 - ESA Electrobolt                                                                           Qty 2 - CALME Venez LNG                                               - Total - Over 26 Opportunities |  |  | Executed | ENA | To Be Provided | 13 | -279 |  |  | 13 |  | 20
Green |  | 1 X GE 7FA Simple Cycle                                  (Cogen Tech Machine) | West LB | Aug-Sept 2000 | 156 | 35 |  | - ENA - Mid West (Peoples/Dominion)                                          - EECC role to be OE at most                                                                            - One of the three orig [NAME] to Peoples; put expired                                                             - Peoples attempting to put at Ellwd                                                                 - keep on long list per [NAME] | 7 |  | Executed | ENA | To Be Provided | 8 | -32 |  |  |  |  | 8
Green |  | 1 X GE 7FA Combined Cycle                       (CogenTech Machine;                                                         ABB STG not ordered yet) | OBS | Oct 2000 | 171 | 31 |  | - ENA - Vitro                                                          - Move off long list soon | 26 |  | Executed | ENA | To Be Provided |  | -35 |  |  |  |  | 23
Yellow |  | 3 X GE 7FA + Qty 2 STG's [NAME] | OBS | July 2002 | 750 | 220 |  | ENA - Pastoria, Calif;                                   [NAME]                                               $5MM due in Aug/Sept 2000 | 0 |  | In Negotiation | ENA | To Be Provided
Green |  | 1 X Used Korean Steam Turbine | OBS | Avail Now | 110 | 2.3 |  | - Pkg w/Doyle Korean Used GE7B's                                                                              - negligible amount paid |  |  | Executed | ENA | N/A
Green |  | 2 X GE 7FA - Now Simple Cycle                                            (no STG; old Naco machines) | OBS | Qty 1 - Sept 2001 | 240 | 36 |  | - NEPCO/NESCO - Goldendale | 7 |  | In Negotiation | ENA | To Be Provided | 8 | -70 |  |  |  |  | 20
Red |  | 2 X Used GEC Fr 6B                                                    50hz | OBS | Avail Now | 60 | 13 |  | - Available                                                                               - Possibly convert to 60 hz & mount on barges for LIPA | 13 |  | Executed | ENA | N/A |  | -8 |  |  |  |  | 0
 |  | Subtotal
 |  | Enron Canada
Red |  | 2 X Used ABB11N1 Simple Cycle | West LB | Avail Now | 166 | 26 |  | - Enron Canada Sarnia/Moore Peaker Proj | 26 |  | Executed | Enron Canada | N/A |  | -24 |  |  |  |  | 5
 |  | Total ENA
 | Confidential                         Enron Turbine Long Position                 8 June 2000 5:32 am F.Kelly6-6208
 |  | Per EECC |  |  |  |  | F |  | H | I |  |  |  | J | K | L = K / D | M = K - E | N = Smaller of                        J or M
 | Item | Turbine                                                    (Scope/ Cycle) | Off [NAME]? | Delivery Date(s) | Total                            MW                             ISO | Total         Capex          Commitment                     $[NAME] | Initial                   $/KW | Possible Project Site | Paid to Date                     $[NAME] | %                             Enron             Ownership | Contract Status | Enron Ownership |  | Current Cancelation Obligation          (Worst Case Long Position)                     $[NAME] | Salvage Value            $[NAME] | Salvage Value             $/KW | Current Liquidation "Position"              (Salvage less Tot Cmmtmnt)                     $[NAME] | Current Minimal Position      Cancll or Liquidate                     $[NAME] |  | Potential          Deal                                    PV                     $[NAME] | Carrying          Cost                                 MM$/Mo                                  @                       10%
 |  | CALME
Red |  | 3 X [NAME] ([NAME] 6B) | OBS | Avail Now |  |  |  | APACHI - Lagos |  |  | Executed | CALME (BargeCo) | N/A | 54 | -45 |  |  |  |  | 11
Yellow |  | 6 X [NAME] ([NAME] 6B) | OBS | Avail Now |  |  |  | APACHI - Lagos |  |  | Executed | CALME (BargeCo) | N/A | 54 | -45 |  |  |  |  | 11
 |  | Total CALME
 |  | ESA
Red |  | 2 X 501F MHI Simple Cycle | West LB | Qty 1 - May 2001                                      Qty 1 - Oct 2001 | 368 | 74.5 |  | - ESA Light; [NAME]; or other                                         Contract being finalized (initialed)                                                     - RAC DASH [NAME] w/ Bd [NAME] for two more - see negot'ing turbines | 0 |  | Executed | ESA | To Be Provided | 0 | -45 |  |  |  |  | 11
 |  | Total ESA
 |  | EECC
Red |  | 1 X West 501D5A Simple Cycle | OBS | 2000-09-30 00:00:00 | 122 | 24 |  | -Was to be used at ENA/Electrocities, but not approved by Customer board                                                                           -Janet [NAME] and [NAME] exploring | 21 |  | Executed | EECC  (Enron Equipment Procurement Company) | N/A | 24 | -24 |  |  | 0 |  | 20
Red |  | 2 X GE 7EA's | OBS | Qty 1 - 10 Mar 2001                                      Qty 1 - Feb 2002 | 156 | 36 |  | - ENA or EECC 3rd Pty (Blue Dog)                                                         - ENA BP Amaco (Choc Bayou)                                                                             - ENA Central Iowa | 7 |  | In Negotiation | EECC (Enron Engr & Constr Company) | To Be Provided | 8 | -70 |  |  |  |  | 20
Yellow |  | 2 X GE 7FA's w/ STG                                                         (confirm STG) | West LB | Qty 1 - July 2001                                          Qty 1 - Aug 2001                                                 STG - Aug 2001 | 600 | 95 |  | - Gen Power - Dell, [NAME] |  |  | In Negotiation | EECC (Enron Engr & Constr Company) | To Be Provided
Yellow |  | 2 X GE 7FA's w/ STG | West LB | Qty 1 - Sept 2001                                          Qty 1 - Oct 2001                                                 STG - Sept 2001 | 600 | 95 |  | - Gen Power - McAdam, MS                                                            - Duct Fired |  |  | In Negotiation | EECC (Enron Engr & Constr Company) | To Be Provided
Yellow |  | 1 X Siemens V94.2 + 1 Toshiba STG                                                        + HRSG                                                                  50 hz application | OBS | Nov 2001 | 240 | 63.5 |  | [NAME] (et all) released                                                            - Initial DASH (w/ cancellation risk signed)                                                        - EEL has taken cancellation risk | 0 |  | Cancelled | EECC (Enron Engr & Constr Company) | N/A | 3 | -60 |  |  |  |  | 16
Yellow |  | 3 X 9FA STAG Power Islands                                            Combined Cycle                                                                  50 hz application | OBS | Qty 1 - Oct 2001                                      Qty 1 - Nov 2001                                     Qty 1 - Dec 2001 | 780 | 248.5 |  | EEL - Spain Arcos                                            (Remv from "long" list when firm) | 0 |  | In Negotiation | EECC  (Enron Equipment Procurement Company) | To Be Provided | 17 | -225 |  |  |  |  | 25
 |  | Total EECC
 |  | Total (Long)
 | Confidential - Negot's Potentially Resulting in Additional Long Position                8 June 2000 5:32 am F.Kelly6-6207
 |  | Per EECC
 |  |  |  |  |  |  | F
 | Item | Turbine                                                    (Scope/ Cycle) | Off [NAME]? | Delivery Date(s) | Total                            MW                             ISO | Total         Capex          Commitment                     $[NAME] | Initial                   $/KW | Possible Project Site | Paid to Date                     $[NAME] | %                             Enron             Ownership | Contract Status | Enron Ownership |  | Current Cancelation Obligation          (Worst Case Long Position)                     $[NAME] | Salvage Value            $[NAME] | Salvage Value             $/KW | Current Liquidation "Position"              (Salvage less Tot Cmmtmnt)                     $[NAME] | Current Minimal Position      Cancll or Liquidate                     $[NAME] |  | Potential          Deal                                    PV                     $[NAME] | Carrying          Cost                                 MM$/Mo                                  @                       10%
 |  | ENA
Red | 1 | 2 X ABB 11N2's |  |  |  |  |  | For Enron Canada - Moore Project - Option paid (or to be paid for $500K) |  |  | In Negotiation | Enron Canada | N/A
 |  |  |  |  | 0 | 0
 |  | Total ENA
 |  | ESA
Red |  | 2 X 501F MHI Simple Cycle | West LB | Qty 1 - July 2001                                      Qty 1 - Aug 2001 | 368 | 70 |  | - ESA Light; [NAME]; or other                                         Contract being finalized (initialed)                                                     - RAC DASH [NAME] w/ Bd [NAME] |  |  | In Negotiation | ESA | N/A
 |  | Total ESA
 |  | CALME
 |  |  |  |  | 0 |  |  | Oman
 |  | EECC
Red |  | 1 X 501D5A Simple Cycle |  | Nov 2001 | 122 | 24 |  | - CAMLE - Saudi Bid or EECC 3rd Pty or ENA                                                                    - RAC DASH [NAME] w/ Bd [NAME] |  |  | In Negotiation | EECC (Enron Engr & Constr Company) | To Be Provided
 |  | Total EECC
 |  | Total - (Negotiating To Be Long)