Spreadsheet: louise_kitchen__22624__Weekly Deal Report 9-27-01 A
Sheet: Hot List

East Power Group Done Deals/ Hot List
Origination, Mid Market, Development, Generation Investments
9/20/01-9/26/01
Deal Type | Commercial Lead | Customer | Region | Prob.(%) | Deal Description | Term | Size | Price | Status/ Follow-up | Date of Last Contact | Completion Date | Value
Done:
Mid Market | Sewell | [NAME] | MAPP | Done | Sell daily put 5x16 into [NAME], (costless structure) | Oct '01 | 200 MW | 13 | Counterparty still working on ISDA |  | 2001-09-21 00:00:00 | 0
Mid Market | Sewell | [NAME] | MAPP | Done | Buy daily call 5x16 into [NAME], (costless structure) | Oct '01 | 200 MW | 25 | Counterparty still working on ISDA |  | 2001-09-21 00:00:00 | 0
Mid Market | Sewell | Ottertail Power | MAPP | Done | Sell 25 MW, 5x16 into NSP System Border | Oct '01 | 25 MW | 19.66 | Completed |  | 2001-09-26 00:00:00 | 0
Pending: |  |  |  |  |  |  |  |  |  |  | Week Total
Midwest
Origination | Dalton/Services Team | Alcoa | ECAR | 0.75 | Services Opportunity at Alcoa's Warrick Facility in Indiana | 11/15/01-12/31/03 | 630 Mw | $10k/month | On 9/6/01, customer advised they want to proceed to technical due dilligience and will sign a contrct with us if we can meet their criteria.  Various due dilligience matters being pursued. | 2001-09-06 00:00:00 | Q4 | $150k Accrural
Origination | Baughman/ Clynes | [NAME] | Various | 0.5 | Energy Services Trial at various facilities | TBD | TBD |  |  | 2001-08-15 00:00:00 | Q4 | 50000
Origination | Dalton/Services Team | Cleveland Public Power | ECAR | 0.45 | Services Management Opportunity | 1-3 Years | 100 Mw | 67% / 33% split on excess mw | Proposal submitted 9/4/01. | 2001-09-04 00:00:00 | Q4 | 1,000,000 Accrual
Mid Market | Clynes | MEAN | MAPP | 0.4 | Purchase of regulatory capacity to fill LES short | 5/1/02-10/31/02 | 10 MW | TBD | Counterparty hopes to know supply situation in October | 2001-09-26 00:00:00 | Q4 | 25000
Origination | Clynes | OPPD | MAPP | 0.25 | Buyout of remainder of contract | 2003-2008 | Various | TBD | Customer wants to revisit in a month or two | 2001-09-18 00:00:00 | Q4 | 3000000
Origination | Dalton/Services Team | Ormet Aluminum | ECAR | 0.25 | Services Management Opportunity on a 500 Mw RTC aluminum smelter | 1-3 years | 500 Mw | TBD | Conference call  held on 9/10/10 to discuss preliminary data for Services Proposal.  Meeting and proposal presentation scheduled 9/18/01 | 2001-09-10 00:00:00 | Q4 | 1000000 Accrual
Mid Market | [NAME] | SIGECO | ECAR | 0.25 | [NAME] 02 | [NAME] | 50 MW |  | In discussions with counterparty | 2002-09-18 00:00:00 | Q4 | 5000
Mid Market | [NAME] | SIGECO | ECAR | 0.25 | Looking for Jan-Feb 02 Offpeak Wrap | Jan-Feb 02 | 50 MW |  | In discussions with counterparty | 2002-09-18 00:00:00 | Q4 | 5000
Mid Market | [NAME] | SIPCO | ECAR | 0.25 | Jul-Aug-02 | Summer 02 | 50 MW |  | Counterparty waiting for mkt to rtn prior  levels | 2001-09-25 00:00:00 | Q4 | 5000
Mid Market | [NAME] | Wabash Valley | ECAR | 0.25 | Q4 | Oct-Dec 01 | 50 MW |  | In discussions with counterparty | 2001-09-25 00:00:00 | Q4 | 5000
Mid Market | Clynes | [NAME] | MAIN | 0.2 | Tolling agreement off of Raccoon Creek Energy Center | 7/10/02-6/9/07 | 300-340 MW | $3.5 kw/mo | Counterparty reviewing other numbers | 2001-09-13 00:00:00 | Q4 | 1000000
Mid Market | Clynes | Compressor Services | MAIN | 0.2 | Sale of energy | TBD | 8 MW | TBD | Counterparty waiting for update from NICOR | 2001-09-18 00:00:00 | Q4 | 200000
Origination | Baughman/ Clynes | MHEB | MAPP | 0.2 | Gas services Deal | 1/02-7/02 | TBD | TBD | Meeting to be set up in October | 2001-08-31 00:00:00 | Q4 | 100000
Origination | Clynes | MHEB | MAPP | 0.2 | Longer term services agreement | 11/01-10/02 | TBD | TBD | Counterparty to draft second contract | 2001-08-29 00:00:00 | Q4 | 250000
Mid Market | Clynes/Sewell | MHEB | MAPP | 0.2 | Purchase of winter energy-performance structure | 11/01-4/02 | 100-200 MW | TBD | Counterparty to review water situation | 2001-09-10 00:00:00 | Q4 | 50000
Mid Market | Clynes | MPEX | MAPP | 0.2 | Buy call options off of Lakefield Junction unit-2 part deal | 11/01-4/02 | 50 MW | embedded | Counterpart wants to wait | 2001-08-10 00:00:00 | Q4 | 25000
Mid Market | Clynes | MPEX | MAPP | 0.2 | Sell winter energy-2 part deal | 11/01-4/02 | 50 MW | $41.00 - $50 call; $43.50-$75 call | Counterparty wants to wait | 2001-08-10 00:00:00 | Q4 | 100000
Mid Market | Clynes | MPEX/SRE | MAPP | 0.2 | Purchase of capacity and energy | 6/02-8/02 | 50-100 mw | TBD | Counterparty is going to wait-market is too low | 2001-09-26 00:00:00 | Q4 | 150000
Origination | Clynes | OPPD | MAPP | 0.2 | Assignment of LES Contract | 2002-2003 | 2002-15 MW              2003-50 MW | TBD | Attorney is drafting CA | 2001-09-26 00:00:00 |  | 200000
Mid Market | Sewell | Ottertail Power | MAPP | 0.2 | 50 MW winter energy sale | Nov - Dec 01 | 50 MW |  | In discussions with counterpart | 2001-09-24 00:00:00 | Q4 | 3000
Mid Market | Clynes | [NAME] | MAPP | 0.2 | Sale of summer capacity and energy | 6/02-8/02 | 200 MW | TBD | Counterparty does not want [NAME] source | 2001-09-24 00:00:00 | Q4 | 100000
Mid Market | [NAME] | AMP-OH | ECAR | 0.15 | Sell 50 MW, 5x16 into DP&L | Cal 02 | 50 MW | TBD | Working on Long Form Confirm | 2001-09-24 00:00:00 | Q3 | 50000
Mid Market | [NAME] | SIGECO | ECAR | 0.15 | Looking for Cal 02 (excld Jun/Jul/Aug) Offpeak Wrap | Cal 02 | 50 MW |  | In discussions with counterparty | 2002-09-18 00:00:00 | Q4 | 5000
Mid Market | [NAME] | Wabash Valley | ECAR | 0.15 | 25 mws for Oct 5x16 | Oct-Dec 01 | 25 MW |  | Showed a 22.50 bid - it will be tuff | 2001-09-25 00:00:00 | Q4 | 5000
Mid Market | Clynes | WRI | MAPP | 0.15 | Energy purchase | 2003-2005 | 50 MW | 26.5 | Counterparty reviewing numbers | 2001-08-28 00:00:00 | Q4 | 150000
Mid Market | Kelly | A E Staley | MAIN | 0.1 | 10-14 MW w/ imbedded optionality for additional 40MW | Aug '02 - | 10-14 MW | TBD | Indicative pricing to be submitted | 2001-08-22 00:00:00 | Q4 | 50000
Mid Market | Sewell | Alliant East | MAIN | 0.1 | Costless call spread | 2001-11-01 00:00:00 | 50 MW |  | Counterparty reviewing offer | 2001-09-24 00:00:00 | Q4 | 1500
Mid Market | Sewell | Alliant East | MAIN | 0.1 | Costless call spread | Cal 02, excluding Summer | 50 MW |  | Counterparty reviewing offer | 2001-09-17 00:00:00 | Q4 | 30000
Origination | [NAME] | AMPO | ECAR | 0.1 | Virtual or physical coal plant prospect in AEP as customer looking to either sell their 218 Mw Gorsuch Plant  in PJM-West (50 Yrs. Old) and replace with a asset in ECAR or spend capital to expand existing Gorsuch plant.  Possible load of 250 Mw. | TBD | 250 Mw | TBD | Customer meeting with CEO scheduled  on 9/26/01 | 2001-09-05 00:00:00 | Q4 | 5000000
Mid Market | Kelly | Caterpillar | ECAR | 0.1 | Summer unit outage protection | Jul '02-Aug '03 | 15 MW | 110000 | Indicative proposal submitted; customer in internal review | 2001-09-19 00:00:00 | Q4 | 10000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Extend Into IP position (possible gas deal included) | Bal 02 | 20 MW |  | In discussions with counterpart | 2001-09-25 00:00:00 | Q4 | 35000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Extend Into IP position (possible gas deal included) | Jun 02 - May 04 | 20 MW |  | In discussions with counterpart | 2001-09-25 00:00:00 | Q4 | 80000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Sell 100 MW, 7x24 into CILCO | Feb '02-Apr '02 | 100 MW |  | in discussions | 2001-09-25 00:00:00 | Q4 | 5000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Sell 100 MW, 5x16 into CILCO | [NAME] 03 | 50 MW |  | in discussions | 2001-09-25 00:00:00 | Q4 | 20000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Sell 100 MW, 5x16 into CILCO | [NAME] 04 | 50 MW |  | in discussions | 2001-09-25 00:00:00 | Q4 | 20000
Mid Market | Kelly | Cognis Corporation | ECAR | 0.1 | monthly shaped blocks, 24x7 | 1 to 3 yrs | 11-13 MW | TBD | CA to be executed | 2001-09-12 00:00:00 | Q4 | 100000
Mid Market | [NAME] | Constellation | ECAR | 0.1 | Buy 50 to 100 MWs 7x24 Cal 02 and/or 03 | 1/1/02 -12/31/03 | 100 MW |  | Counterparty waiting for mkt to rtn prior  levels | 2001-09-21 00:00:00 | Q4 | 100000
Mid Market | [NAME] | DTE Energy Trading | ECAR | 0.1 | Sale 50 to 100 MWs 7x24 Cal 02 and/or 03 | 1/1/02 -12/31/03 | 100 MW |  | Counterparty waiting for mkt to rtn prior  levels | 2001-09-21 00:00:00 | Q4 | 100000
Mid Market | Sewell | Exelon | MAIN | 0.1 | Sell 100 MW, offpeak wrap into ComEd | Q4 | 50 MW |  | in discussions | 2001-09-25 00:00:00 | Q4 | 3000
Mid Market | Sewell | Gen~Sys | MAPP | 0.1 | Sell 5x16 into DPC (CE Gen Source) | Cal 02 | 50 MW |  | Counterparty reviewing offer | 2001-09-24 00:00:00 | Q4 | 40000
Origination | Dalton/Abler/Robinson, et [NAME] | IMPA | ECAR | 0.1 | Cover 500 Mw customer requirement as a result of large PPA termination effective 1/1/07.  Early timing is being driven by interest in coal asset structure; however, customer will consider other solutions.  Other short term prospects to cover 100 Mw peaking, et [NAME] also imbedded in this prospect | 1/1/07-12/31/27 | 500 Mw | TBD | Initial customer meeting at their request on 8/21/01 with IMPA executive management.  Follow-up meeting scheduled 9/24/01.  Internal team continues to refine value proposition. | 2001-08-30 00:00:00 | 2Q02 | 5000000
Mid Market | Sewell | MEC | MAPP | 0.1 | Buy hourly call, strike $75,$100 | Nov 01-Apr 02 | 50 MW |  | Counterparty still working on ISDA | 2001-09-26 00:00:00 | Q4 | 5000
Mid Market | Clynes | MHEB | MAPP | 0.1 | Purchase of long term capacity and fixed price energy | 1/1/05-12/31/14 | 500 MW | TBD | Counterparty is negotiating current agreement with [NAME] | 2001-08-23 00:00:00 | Q4 | 3500000
Mid Market | Sewell | MMPA | MAPP | 0.1 | Sell 5x16 into NSP (won't happen if they choose 7x24) | Cal 02 | 35 MW |  | Counterparty reviewing offer | 2001-09-24 00:00:00 | Q4 | 40000
Mid Market | Sewell | MMPA | MAPP | 0.1 | Sell 7x24 into NSP (won't happen if they choose 5x16) | Cal 02 | 35 MW |  | Counterparty reviewing offer | 2001-09-24 00:00:00 | Q4 | 80000
Mid Market | Sewell | MPEX | MAPP | 0.1 | Sell 5x5 into MP | Nov 01 - Apr 02 | 100 MW |  | In discussions with counterpart | 2001-09-24 00:00:00 | Q4 | 10000
Mid Market | Sewell | NIPSCO | MAIN | 0.1 | Sell 100 MW, offpeak wrap into ComEd | Q4 | 50 MW |  | in discussions | 2001-09-25 00:00:00 | Q4 | 3000
Mid Market | Sewell | NSP (Xcel) | MAPP | 0.1 | Sell 100 MW, 7x24 into NSP | Nov '01-Mar '02 | 100 MW |  | In discussions with counterpart | 2001-09-14 00:00:00 | Q4 | 10000
Mid Market | Sewell | [NAME] | MAPP | 0.1 | Financial swap for summer 02 | Jul-Aug 02 | 50 MW |  | Counterparty still working on ISDA | 2001-09-26 00:00:00 | Q4 | 10000
Origination | Dalton/Services Team | Owensboro | ECAR | 0.1 | Services Management Opportunity | TBD | 200 mw | TBD | Customer has generation and load inside of LG&E Control area.  Customer has 50% load factor and up to 200 Mw of off-peak to unload.  Customer has legal issue with LG&E that must be solved prior to pursuing contract with Enron.  [NAME] proposal submitted on 8/1/01.  No action until customer addresses legal issue with LG&E. | 8/12001 | 1Q02 | 1000000
Mid Market | Clynes | Panda Energy | MAIN | 0.1 | Energy purchase from Illinois and/or Ameren plants (2100 mw total) | 6/03-5/08-13 | Various | TBD | Counterparty is reviewing indicative pricing | 2001-08-28 00:00:00 | Q4 | 2000000
Mid Market | Kelly | Praxair | ECAR | 0.1 | 7x24 block and shaped energy with embedded optionality | 1 to 3 yrs | 70-80 MW | TBD | CA executed 9/7; detailed discussions in progress; indicative pricing to be submitted | 2001-09-20 00:00:00 | Q4 | 125000
Mid Market | Kelly | Rouge Steel | ECAR | 0.1 | 24x7 energy for 2+ years | Q3 '03 | 90-180 MW | 46 | Indicative prices given 9/19; further pricing including interruptibility requested | 2001-09-19 00:00:00 | Q1 02 | 150000
Mid Market | [NAME] | SEMPRA | ECAR | 0.1 | [NAME] or any month in the package  (INTO FE) | Oct-Dec 01 | 50 MW |  | In discussions with counterparty | 2001-09-24 00:00:00 | Q4 | 5000
Orgination | Clynes/Tapscott/Abler | SMMPA | MAPP | 0.1 | Sale of LM6000 for development project |  |  |  | Customer will be issuing RFP within a few weeks | 2001-09-17 00:00:00 | Q4 | 1000000
Mid Market | [NAME] | TEA | ECAR | 0.1 | Oct-01 Monthly Call | 2001-10-01 00:00:00 | 50 MW |  | In discussions with counterparty | 2001-09-17 00:00:00 | Q4 | No Orig Granted
Mid Market | Sewell | Transalta | MAPP | 0.1 | Sell 100 MW, 7x24 into NSP | Nov '01-Mar '02 | 100 MW |  | In discussions with counterpart | 2001-08-28 00:00:00 | Q4 | 10000
Mid Market | Kelly | Wabash Valley | ECAR | 0.1 | 24x7 energy for 1-5 yrs | Jan 03- | 130 MW | $28 - $31 | RFP response submitted 9/7; WVPA to determine short list soon | 2001-09-18 00:00:00 | Q4 | 200000
Mid Market | Kelly/Dalton | Westlake Chemical | ECAR | 0.1 | Synthetic plant; also investigating Westlake buy-through | Jan '04 | 200 MW | TBD | CA completed; detailed discussions to follow | 2001-09-18 00:00:00 | Q1 02 | 3000000
Mid Market | Clynes | [NAME] | MAPP | 0.1 | Capacity and Energy Sale | 1/02-12/02 | 50 MW | TBD | Counterparty does not want [NAME] source | 2001-09-24 00:00:00 | Q4 | 300000
Origination | [NAME]/Booth | Constellation | ECAR | 0.05 | Sell Shelby County, Tn or Calvert City, Ky site to Constellation | TBD | TBD | TBD | Customer advises they are interested in site, but on hold for plant development.  Will f/u at end of month and make final determination on this prospect | 2001-09-10 00:00:00 | Q4 | 1000000
Origination | [NAME] | East Kentucky Power | ECAR | 0.05 | Virtual Plant proposal | 1/1/06-12/31/18 | 150 Mw | Plant Economics | Global did not receive financing for plant.  EK advised on 8/20/01 that they are focused on adding coal generation at their Spurlock Station.  Have placed calls to verify their action plan on long term baseload needs. | 2001-08-20 00:00:00 | Q4 | 2500000
Mid Market | Dalton/Kelly | Mead Paper | ECAR | 0.05 | Customer looking for long term energy supply.  Evaluating asset build verses buy from the market.  Plant has existing coal fired generation that needs to be retired | 5 or 10 years | 81 Mw | $35.50 (5 year) and $36.50 for (10 year) | Proposal submitted on 7/13/01.  Customer advises on 9/5/01 that they are reviewing load data and will pursue at the end of September. | 2001-09-05 00:00:00 | Q4 | 500000
Origination | Abler/Dalton | NIPSCO | ECAR | 0.05 | NIPSCO has executed a CA to allow for open meeting to discuss NIPSCO's strategy in developing merchant plants adjacent to their existing coal facilities | TBD | TBD | TBD |  | 2001-08-01 00:00:00 | Q4 | 5000000
ERCOT
Origination | Curry | San Antonio/EWC | ERCOT | 0.8 | Renewable energy and credits | 20 years | 135 MW | $25.41/MWh | Executed deal with EWC for EPMI to get $7MM 3Q (intracompany, will hit earnings 4Q) if San Antonio signs deal by [NAME].  Have addressed San Antonio's concerns and are trying to get through language. | 2001-09-26 00:00:00 | Q4 | $7MM to be split between trading and Orig
Origination | Jester/Curry | XERS | ERCOT | 0.9 | QSE/Power Supply | Cal02 | 25-400 MW | To be updated once language is agreed to | Deal should get closed latest Friday | 2001-09-19 00:00:00 | Sept | $250k
Origination | Curry | Air Liquide | ERCOT | 0.3 | QSE/Power Supply | Cal02 | 250 MW | ~8,800 HR | AL reviewing ISDA and EEI.  Following up on meeting this week, will prepare proposal based on feedback. | 2001-09-26 00:00:00 | Q4 | $500k
Origination | Curry | Air Products | ERCOT | 0.3 | QSE/Power Supply | Cal02 | 140  MW | $37.28/MWh | EEI has been completed.  IT guys met with AP and have plan for communications.  Sent Proposal Mon 9/24, AP reviewing. | 2001-09-25 00:00:00 | Q4 | $500k
Origination | Jester | ExxonMobil | ERCOT | 0.3 | QSE/Power Supply | 2 years starting Jan '01 | 400 MW peak load/ 250 MW of gen |  | Response to RFP sent out Friday | 2001-09-16 00:00:00 | Oct | $1.1 MM
Origination | Curry | Oxychem | ERCOT | 0.3 | PPA | Cal02 | 200 MW | $23.75/MWh | Getting EEI in place, [NAME] is getting ready to transact. | 2001-09-26 00:00:00 | Q4 | $200k
Origination | Jester | Rohm & Haas | ERCOT | 0.3 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 120 MW(7x24) |  | negotiating CA and EEI | 2001-09-17 00:00:00 | Oct | $2MM
Origination | Jester | Shintech | ERCOT | 0.3 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 48 MW (7x24) |  | another reprice out today; decision by next week | 2001-09-19 00:00:00 | Oct | $1MM
Origination | Jester | TotalFinaElf | ERCOT | 0.3 | QSE/Power Supply | Cal02-03 | 170 MW (7x24) |  | Initial pricing goes out tomorrow | 2001-09-26 00:00:00 | Oct | $2.2MM
Origination | Curry | Dow | ERCOT | 0.2 | QSE/Power Marketing | Cal02-03 | 1400 MW Gen- 1800MW Load |  | Proposal sent out 8/29.  Dow discussed at internal meeting, we are discussing with them this afternoon. | 2001-09-26 00:00:00 | Q4 | accrual $500k
Origination | Jester | Huntsman Polymers | ERCOT | 0.2 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 85 MW(7x24) |  | Initial pricing sent 8/14;  RFP out in 3 weeks | 2001-09-10 00:00:00 | Oct | $1.2MM
Origination | Jester | [NAME] | ERCOT | 0.2 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 48 MW (7x24) |  | repricing sent out today; decision mid-Oct | 2001-09-18 00:00:00 | Oct | $1MM
Origination | Jester | UDS | ERCOT | 0.2 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 46 MW(7x24) |  | CA executed; working on EEI; RFP out end of Sept | 2001-09-17 00:00:00 | Oct | $1.2MM
Origination | Jester | Abitibi-Consolidated | ERCOT | 0.15 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 165 MW (7x24) |  | Initial pricing sent; waiting to hear from customer | 2001-09-22 00:00:00 | Oct | $1MM
Origination | Curry | General Motors | ERCOT | 0.15 | Sell power at border forGM's Mexican facilities | 5 years | 100 MW | TBD | CA signed.  [NAME], rescheduling meeting that was to occur on 24th. | 2001-09-26 00:00:00 | Q4/Q1 2002 | $2MM
Origination | Jester | NUCOR Steel | ERCOT | 0.15 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 95 MW (7x24) |  | Waiting on load data; negotiating CA | 2001-09-12 00:00:00 | Oct | $1.65 M
Origination | Curry | Praxair | ERCOT | 0.15 | QSE/Power Supply | Cal '02 | 120 MW | TBD | CA done.  Reviewing new load data. | 2001-09-26 00:00:00 | Q4 | $200k
Origination | Forster/Curry/Irvin | [NAME] | ERCOT | 0.15 | ERCOT/Mexico Cross-Border synthetic power sale; ENA sells 15 yr firm power across HVDC tie being built in Brownsville to interconnect ERCOT/CFE.  First true interconnection of size.  Merchant transmission with LOI's for incremental synthetic positions in Mexico.  Orig to be split with Mexico Origination. | 5-20 years | 50-200 MW | TBD | Continuing negotiations with GM, Delphi, and Chrysler.  Meeting to coordinate to be sent up to discuss this [NAME]. | 2001-09-12 00:00:00 | Q4/Q1 2002 | $5 MM
Origination | Curry | ALCOA | ERCOT | 0.1 | Power supply and QSE. | 2002 | 50 MW | $35.18/MWh | Sent proposal, ALCOA reviewing. | 2001-09-10 00:00:00 | Q4 | $200k
Origination | Curry | [NAME] | ERCOT | 0.1 | Renewable energy and credits | 10 or 20 years | 135 MW | $28.50/MWh | AE executive committee has extended their decision until November 15th.  This terminates if San Antonio closes. | 2001-09-10 00:00:00 | Q1 2002 | $5 MM
Origination | Curry | BP Amoco | ERCOT | 0.1 | QSE | Cal02 | 1300 MW gen, 1500MW load | TBD | Getting CA in place.  Meeting this week. | 2001-09-26 00:00:00 | Q4 | accrual $200k
Origination | Curry | LCRA | ERCOT | 0.1 | Renewable energy and credits | 10 or 20 years | 50-100 MW | $30.24/MWh (10 year); $28.61/MWh (20 year) | CA signed.  LCRA working internally to determine strategy.  Delayed by [NAME] rfp process.   This terminates if San Antonio closes. | 2001-09-10 00:00:00 | Q4 | $8 MM
Origination | Curry | LCRA | ERCOT | 0.1 | Power supply | Jun-Sep02 | up to 150MW (7x16) | $41.90/MWh | Sent proposal, LCRA reviewing.  Provided updated pricing on 9/10. | 2001-09-10 00:00:00 | Q4 | $200k
Origination | Curry | LCRA Aggregate Group | ERCOT | 0.1 | 10% LCRA program. | 2002 | 50 MW | $37.80/MWh | Sent proposal, Aggregate Group reviewing.  Contact out of town this week. | 2001-09-25 00:00:00 | Q4 | $200k
Origination | Curry | Pedernales Coop | ERCOT | 0.1 | 10% LCRA program. | 2002 | 70 MW | TBD | Sent proposal, P. reviewing.  Had discussion with P regarding weather normalizing their load data.  Revising pricing today. | 2001-09-26 00:00:00 | Q4 | $500k
Origination | Curry/Jester | Shell Oil Co. | ERCOT | 0.1 | QSE | Cal02 | 1200 MW | TBD | Proposal sent, Shell reviewing proposal. | 2001-09-10 00:00:00 | Q4 | accrual $200k
Origination | Jester | SOLUTIA | ERCOT | 0.1 | QSE/Power Supply | Cal02-03 | 30MW(7x24); |  | Getting CA in place; RFP delayed until Oct | 2001-09-17 00:00:00 | Oct | $800K
Origination | Jester | TXI-Chaparral Steel | ERCOT | 0.1 | QSE/Power Supply | Cal02-03 | 200MW |  | Response to RFP sent out Friday | 2001-09-19 00:00:00 | Oct | $3MM
Origination | Jester | Agrilink | ERCOT | 0.05 | QSE/Power Supply | Cal02-03 | 91MW(7x24) |  | Getting CA in place; RFP in Sept. | 2001-09-14 00:00:00 | Oct | $2MM
Origination | Jester | [NAME] | ERCOT | 0.05 | QSE/Power Supply | Cal02-03 | 20MW(7x24) |  | Initial pricing goes out this week | 2001-08-29 00:00:00 | Oct | $500K
Origination | Curry | [NAME] | ERCOT | 0.05 | QSE and power supply | Cal02 | 25 MW | $38/MWh | Sent proposal 9/10.  KC reviewing. | 2001-09-25 00:00:00 | Q4 | $100K
Southeast |  |  |  |  |  |  |  |  |  |  |  | TBD
Origination | Fairley/Gimble | Ft. Pierce | FRCC | 0.5 | Re-powering project.  ENA builds turbine & HRSG, sells steam, and sells plant, then takes back PPA or tolling. | 11/31/03 | 196 MW | TBD | Customer agreements done.  Engineering done. TurboPark language removed and "outs" extended.  DASH finalized.  Should receive internal approvals to execute docs week of 9-24, and receive customer's Board approval and execution 1st week Oct.  DealBench and IM are progressing. | daily contact | Q4 | $ 2-4MM
Origination | Fairley/Gimble/Piazze | Tallahassee (Repowering) | FRCC | 0.5 | Turnkey repowering of Hopkins Plant Unit 1.  Customer will finance and own all or >90% of plant, with structure similar to Austin Project.  ENA would have call for 5 years shaped from 150 MW at start reducing to 50 MW.  Transmission connected into SOCO/GA ITS and Florida. | Spring '04 | 170 MW | TBD | LOI completed July '01.  No RFP; city officials agreed to Enron exclusive.  Revised proposal presented 9/18.  Developed issues list for both parties.  Next meeting tentatively 3rd week Oct. | 2001-09-25 00:00:00 | Q4 | $ 5MM
Mid Marketing | Jafry | [NAME] (Biomass Generation) | FRCC | 0.25 | Power Purchase into FPL | 11/01 - 10/04 | 15MW | $36/MW | Prices submitted to [NAME] for review.  Awaiting feedback. | 2001-09-18 00:00:00 | Q4 | 150000
Origination | Jafry/Emmons | Cogentrix | SERC | 0.25 | Enron will offer Asset Management services for Cogentrix's Kenansville plant (including dispatch, marketing of power, and fuel management services).  This may also have potential for Enron to manage a larger slice of [NAME]'s 4500MW of existing portfolio. | Oct/Nov '01 - ??? | 30MW | 25% of the upside delivered to Cogentrix | ENE has pitched alternate structures to [NAME] (I.e. Asset sale, etc.), but this is the only service they're interested in at present.  ENE will send Cogentrix an EEI and a term sheet by the end of this week as [NAME]'s current PPA and Fuel Purchase Agreement expires on Oct. 1, 2001, imposing some sense of urgency.  Term Sheet sent on 09/18/01 and EEI sent on 09/19/01. | 2001-09-19 00:00:00 | Q4 | Accrual
Mid Marketing | Rorschach/Acevado | ETEC | SPP | 0.2 | EPMI served ETEC Cal '01 for 9 MW into ETEC.  They would like to extend for three years.  They have indicated that $34.25/MWh is the price they need.  EPMI is interested in taking the position.  EEI comments are in negotiation and not perceived to be problematic.  ETEC is meeting with with the industrial laod, Temple Inland to try and finalize.  EPMI desk is willing to transact at the mids. | 5 yr | 9MW | $34/MW | Legal recommends not using the 1997 contract for potential extension--replace with an EEI.   EEI issues resolved with ETEC.  ETEC is presenting new power supply contract to industrial user.  ETEC wants to do EEI and power supply deal at the same time.  Industrial expected to give approval to ETEC early October. | 2001-09-21 00:00:00 | Q4 | $1MM
Mid Marketing | Braddock/Rorschach/Hernandez | SEPA | SERC | 0.2 | Power marketing/Parking | Q4 2001 through ? | 150MW | TBD | Met on 8/10/01.  SEPA gets bids daily for its pool of customers for shaped power.  They would like to decrease level of effort on their part with regard to tagging, scheduling, etc.  EPMI proposing a structure through which we would day/week-ahead park a block of MWs with SEPA, sell SEPA what they need and market the balance of the parked MWs to the market hourly.  Term sheet sent on 8/31/01.  SEPA has had their legal reviewing term sheet to see if plan is feasible from legal standpoint.  SEPA has agreed to test the Parking on a limited basis for a day or 2 at a time.  Hourly desk is negotiating initial amounts. | 2001-09-17 00:00:00 | Q4 | 100000
Mid Marketing | Braddock/Acevedo | Alabama Electric | SERC | 0.1 | AEC to buy 50MW, 5x16, firm LD, at Ent/SOCO interface, Q4'01 | Oct-Dec '01 | 50MW | $31/MWh | AEC has firm trans. inside Ent and from Ent. to SOCO and across SOCO.  He can re-direct his Ent. Trans. If we can find a source for 50MW of Q4 power.  He is more concerned with firm trans. than with Firm LD power.  ENE working on source behind Ent.  AEC only has contracts with Associated and Entergy, so ENE has an advantage for market coverage.  Other opportunity is to market off of Mobile the 25MW excess they have (ENE has services agmt. with Mobile). | 2001-09-18 00:00:00 | Q4 | 25000
Origination | Rorschach/Acevedo | City of Purcell, OK | SPP | 0.1 | Long term supply contract with Purcell due to OG&E contract expiration. | 5 - 10 year | 15 MW | TBD | Partial requirements contract.  EPMI evaluating deal and determining offer.  [NAME] due Oct 10, 2001. | 2001-09-26 00:00:00 | Q4 | 0
Origination | Kroll/Emmons | CVEC | SERC | 0.1 | RFP for all requirements supply to co-op in Virginia.  150 MW peak load. | 5 year (Q2 '02) |  | TBD | Made Short list -- Meeting w/ CVEC on 10/10/01 | 2001-09-14 00:00:00 | Q4 | TBD
Mid Marketing | Braddock | Duke | SERC | 0.1 | ENE buys TVA/Duke spread option to sell into TVA at $95 and buy into Duke at $100 | May-Sep'02 | 50MW | $2/MWh | ENE bid $2/MWh.  [NAME] is evaluating. | 2001-09-18 00:00:00 | Q4 | 25000
Mid Marketing | Braddock | Electricities | SERC | 0.1 | ENE sells 5x16 calls into Duke.  [NAME] to be determined. | May-Sep'02 | 50MW | $8.50/MWh | Electricities initially indicated they needed reg. cap. only.  They have now indicated a need for network resource, into Duke, with either a market price strike, index strike, or fixed price strike.  ENE is looking do a spread option with Duke to fill the energy portion of this request.  Awaiting the results of the Duke/TVA spread w/ Duke before making an offer here. | 2001-09-19 00:00:00 | Q4 | 25000
Origination | [NAME] | Enron Transportation Services (ETS) (Pipeline Group) | FRCC | 0.1 | [NAME]. Pierce and/or Midway Projects to ETS. |  | 196 MW | TBD | ETS interested in expanding their business into power projects along their pipelines.  In South Florida, ETS is particularly interested in projects that can add load to FGT, and also serve as anchor gas supply customer for Calypso LNG Project.  ETS's alternative is to develop greenfield projects from "scratch." | 2001-09-12 00:00:00 | Q4 | $2.5 MM
Mid Marketing | Rorschach/Acevedo | Entergy | SPP | 0.1 | Summer call option structure offered to Entergy at their request. | Jun and Jul/Aug | 100MW | $3 and $6 | Entergy evaluating.  Expect to followup 9/27/01 | 2001-09-25 00:00:00 | Q4
Mid Marketing | Rorschach/Kroll | ExxonMobil | SPP | 0.1 | Control area services and power markeitng | 2005 | 660 MW | TBD | Drafting a proposal to include benefits and pricing for control area services, transmission strategy, and power marketing.  Regulatory uncertainty has slowed this project. | 2001-09-01 00:00:00 |  | 0
Origination | [NAME] | FMPA | FRCC | 0.1 | [NAME]. Pierce project to FMPA. |  | 196 MW | TBD | FMPA deal would displace FMPA's Vero Beach proposed repowering project. | 2001-09-04 00:00:00 | Q4 | $2.5 MM
Mid Marketing | Rorschach/Acevedo | GRDA | SPP | 0.1 | Weather derivative to protect against rainfall shortage. | Summer '02 | TBD | TBD | EPMI meeting with GRDA 8/23-24/01 to present the idea and determine the deal points.  GRDA is interested and needs help evaluating structure.  EPMI  submitted draft term sheet without pricing 9/24/01.  Meeting with GRDA October 1, 2001 to discuss. | 2001-09-25 00:00:00 | Q1 '02 | 200000
Origination | Rorschach/Acevedo | GRDA | SPP | 0.1 | Evaluating potential addition of hydro turbine/generator to GRDA dam structure of pumped storage | TBD | TBD | TBD | GRDA president interested in Enron expansion idea.  Site visit scheduled for Oct 1/2, 2001 to evaluate structures , substations, etc. | 2001-09-26 00:00:00 | 2002 | 0
Mid Marketing | Rorschach/May | Intergen | SPP | 0.1 | Intergen has 2 peakers in construction: 900MW and 1200MW.  They are soliciting proposals for energy management services for the 1200MW plant in Oklahoma. | 10yr | 1200MW | 2% gen. margin | Intergen is committed to contracting an energy manager other than Coral.  EPMI and Intergen have been negotiating contract terms.  Outstanding issues include credit and determining the value of the plant.  Credit issues are the major hurdle.  El Paso is the competition and has established a credit limit of $110MM.  Intergen initially awarded to El Paso.  El Paso recinded offer on credit limit 9/24/01.  EPMI editing contract to reflect our current credit porposal. | 2001-09-26 00:00:00 | Q4 | Accrual
Origination | Rorschach/Acevedo | KCBPU | SPP | 0.1 | 37 and 55 MW blocks for summer '02, '03, and '04 offered by KCBPU | Summers 02, 03, 04 | 37MW, 55MW | TBD | Proposal due Sept 1, 2001.  Evaluating potential to expand deal to include parking option. | 2001-09-26 00:00:00 | Q1, 2002
Mid Marketing | Rorschach/Acevedo | MDEA | SPP | 0.1 | MDEA is interested in evaluating purchasing 20MW for Cal '02 | Cal '02 | 20MW | 34 | Creating cal strip pricing vs. [NAME] projection  to present to MDEA 9/26/01.  [NAME] in submittal due to adjusting startup costs for Yazoo City units. | 2001-09-26 00:00:00 | Q4 | 80000
Mid Marketing | Braddock | Morgan Stanley | FRCC | 0.1 | ENE buys firm power to meet load shape of JEA contract. | present-Dec 31 '02 | < 93MW | TBD | Morgan offered $44/MWh for on-peak, $29/MWh for off-peak.  This is the only offer we have rec'd for the complete shape.  Morgan will sell both on- and off-peak, or on-peak only (not off-peak only).  Price is about $7 over what ENE sees as market, but at least there is interest. | 2001-09-24 00:00:00 | Q4 | 100000
Origination | Jafry/Braddock | NCEMC | SERC | 0.1 | Supply peaking power to NCEMC | 01/2003 - 12/2007 | 250MW-400MW | TBD | NCEMC is planning on an informal RFP process, but is willing to talk to ENE and review alternate structures and products.  Meeting planned in NC in the first week of October (after NCEMC is done making a decision on their last RFP). | 2001-09-10 00:00:00 | Q4 | 2000000
Origination | Kroll/Rorschach/Acevedo | Noranda Aluminum | SPP | 0.1 | Noranda is a 470MW load in Associated.  Associated is projected to be short and has asked to get out of contract with Noranda. | June '03-Dec '08 | 470MW | TBD | Talking with Noranda to determine price need and interest in a cross-commodity deal.  Noranda needs <$30 power.  Working with structuring and London metals desk to create several structures resulting in <$30 power.  EPMI following up to schedule meeting with Noranda and Associated.  Meeting with Associated will be expanded to include potential transmission line project and felxible delivery points. | 2001-08-20 00:00:00 | Q2 '02 | $5 MM
Origination | Jafry/Emmons | Nova Consulting | SERC | 0.1 | Nova has an IPP which might be looking for turbines/sites for plant operations in '04 | Starting '04 | - | TBD | ENE will provide Nova with indication on our availability this week.  Nova has agreed to introduce the customer to ENE so ENE can pitch alternate deal structures as well.  Meeting planned for late September. | 2001-09-13 00:00:00 | Q1 '02 | TBD
Mid Marketing | Rorschach/Acevedo | OneOK | SPP | 0.1 | Buy firm LD call into Entergy | summer '02 | 50MW | TBD | OneOk thinks the price will drop more.  They are waiting.  They want to buy at $4 EPMI is at $6.50. | 2001-09-26 00:00:00 | \ | 5000
Origination | Kroll/Jafry | Silver Oak Fuel Cells | NEPOOL | 0.1 | Fuel cell project in CT to supply renewable portfolio standard to competitive suppliers.  Enron is project developer only. | starts Q2 '03 | 26MW | $4.5 MM | Fuel cell project in Connecticut.  Awaiting final decision from DPUC, scheduling meeting with CT Governor | 2001-09-12 00:00:00 | Q4 | $2 mm
Mid Marketing | Johnston/Piazze | SPSA | SERC | 0.1 | Enron to market power off of a trash burning unit | July-Oct '01 | 30-60 MW | TBD | Interconnect agreement b/t SPSA and VEPCO done.  Now working negotiations reference [NAME] 19 contract that terminates 6/02. | 2001-09-24 00:00:00 | Q4 | 15000
Origination | Fairley/Gimble/Piazze | Tallahassee (LM6000 Project) | FRCC | 0.1 | Proposal for turnkey installation of 2-LM6000 peaker plant. | Spring '03 | 90 MW | TBD | Tallahassee looking for (2) [NAME]; used for transmission system support.  Currently proposing a turbine sale and EPC contract between Tallahassee and ENA/NEPCO. | weekly contact at minimum | Q4 | $2 MM
Mid Marketing | Braddock | TEA | FRCC | 0.1 | ENE buys firm power to meet load shape of JEA contract. | present-Dec 31 '02 | < 93MW | TBD | TEA is working on an offer.  [NAME] it will be next week before able to show a price. | 2001-09-19 00:00:00 | Q4 | 100000
Origination | [NAME] | TECO | SPP | 0.1 | Asset management service and/or tolling deal for [NAME] and [NAME] plants in Entergy. | 3 years starting 6-2003 | (2) 500 MW |  | Services Group has proposed rolling this deal into the [NAME] restructure. | 2001-09-11 00:00:00 | Q4 | 0
Origination | Fairley/Wood | VEPCO | SERC | 0.1 | Restructure existing long term contract. | through 1-1-2007 | 250 MW |  | During customer meeting 8-21, VEPCO officials requested improvements in contract be made.  Trading and Legal developing their "wish lists."  Customer wants restructure done asap - very motivated. | 2001-09-24 00:00:00 | Q4 | 500000
Mid Marketing | Braddock | Cargill | FRCC | 0.05 | ENE buys firm power to meet load shape of JEA contract. | 10/1/01-2/28/02 | 62MW | TBD | Cargill has indicated they can offer only through Feb'02, as they don't have transmission thereafter.  Their offer is for 5x16, 62MW only (not shaped supply) at a price of $8 over the into SOCO quote on EOL. Unlikely to transact at this level due to price and the fact that it doesn't completely match the JEA schedule. | 2001-09-20 00:00:00 | Q4 | 20000
Origination | Kroll/Rorschach/acevedo/Emmons | Entergy | SPP | 0.05 | RFP for supply  into LA | Starting '04 + 10 years | Minimum of 50  - 150 MW | $31.704 /MW | Submitted RFP on Sept. 12, 2001 Following -up with Entergy Woodlands 9/26/01.  No date given in RFP, but bid is to be effective thru Oct. 2001 | 2001-09-17 00:00:00 | Q4 | TBD
Origination | Kroll/Rorschach/Acevedo/Emmons | Entergy | SPP | 0.05 | RFP for 10% of PTB Load into Entergy TX (70-80 MW peak load) | 4/02 for 3 years | 70 MW | app $40.56 | RFP due on Monday Sept. 24, 2001.  Short llist to be determined in late Oct early Nov.  Meeting with Entergy New Orleans 9/27/01 to discuss. | 2001-09-17 00:00:00 | Q4 | TBD
Mid Marketing | Braddock/Kroll | FP&L | FRCC | 0.05 | FPL to provide system firm power to meet load shape of JEA contract.  Power would be subordinate to all native load except water heaters and pool pumps (giving ENE 160MW extra to complete native load subordination) | present-Dec 31 '02 | < 93MW | TBD | FPL unable to accept assignment of JEA contract as previously discussed due to a sale of 100MW they made.  They are willing to offer a shaped, system firm power schedule to fill JEA.  FPL offered $45 for the 7x24 price.  This is significantly above where ENE sees the market (about $15). | 2001-09-24 00:00:00 | Q4 | 100000
Mid Marketing | Braddock/Jafry | FPC | FRCC | 0.05 | FPC selling 150MW, 7x24, into FPC beginning 1/1/02.  Power is system firm (equiv. To FPC's native load).  Their ideal structure calls for a floating energy price based upon average fuel price for system. | 1/1/02 through? | 150MW | TBD | ENE submitted list of questions, including whether FPC would entertain altnernate structures (such as a Heat Rate call), for at least a portion of the offering.  They indicated they will entertain alternate structures, but only if proposed as an alternative to their proposal.  ENE actually proposed using this system intermediate power to fill JEA position thru 12/31/02.  FPC is evaluating their offer for this shaped schedule. | 2001-09-19 00:00:00 | Q4 | 100000
Mid Marketing | Braddock | JEA | FRCC | 0.05 | Contract buyout: ENA pays cash to terminate contract | Oct '01 - Dec '02 | 93MW | $5 MM | Discussions have re-opened with progess in discussions of assigning contract to a 3rd party.  May leverage this into letting JEA buyout directly.  JEA is evaluating other avail. Capacity in the state, running economics, and will let us know.  They are still evaluating. | 2001-09-24 00:00:00 | Q4 | 200000
Origination | Jafry/Braddock/Emmons | NCEMC | SERC | 0.05 | Supply baseload power to NCEMC | Starting '06 | 800MW | TBD | NCEMC is planning on an informal RFP process, but is willing to talk to ENE and review alternate structures and products.  Meeting planned in NC in the first week of October (after NCEMC is done making a decision on their last RFP). | 2001-09-10 00:00:00 | Q1 '02 | TBD
Mid Marketing | Acevedo/Rorschach/Piazze | NTEC | SPP | 0.05 | Wholesale power for gas compression services | Jul '02- Jul '12 | 5.5 MW | TBD | [NAME] understand price and power supply.  Power deal contingent upon compression deal.  Compression deal needs power @ less than $35/MWh for 7x24 10 year deal.  Counterparty would be NTEC.  Duke has offered $35/MWhr.  Depressed gas price put the compression deal on hold.  Compression services is evaluating alternatives to keep it alive.  Nothing firm is on the table.  As of 9/26/01 EPMI can source $33/MWh for a 5 year deal.  Compression services evaluating. | 2001-08-22 00:00:00 | Q4 | 0
Mid Marketing | Braddock | TVA | SERC | 0.05 | TVA interested in weather protection against a mild summer next summer.  Initial discussions leaning toward ENE selling a CDD swap or put. | summer '02 | TBD | TBD | ENE sent information on weather products on 9/14/01.  In process of deciding which city (Memphis is preference) for reference weather station.  TVA is tying to hedge risk of reduced power revenues that result from mild temperatures in the summer months. | 2001-09-14 00:00:00 | Q4 | TBD
Northeast
Origination | Scheuer | NJBGS | PJM | 0.5 | Set up intermediation auction in piecing together bids for all requirement NJBGS auction and back to back transactions | 1yr | 1000MWS | TBD | Developing ideas to extract value fron this tranaction.  Attended NJBGS info session 9/10/01 | 2001-09-10 00:00:00 | Q4 | 5000000
Origination | Scheuer | TECO | PJM | 0.5 | Blend and extend asset management, where we will tear up current asset management arrangement , and instead offer them a bundled deal with their PJM plant along with [NAME] | 2 yrs, option to expend | 450+315 = 765MW for 2 plants | 7% generation margin or 20,000 monthly the monthly bunus when generation margin exceeds predetermined threshold | Submitted presentation 9/7, waiting response and  comments | 2001-09-12 00:00:00 | Q3 | 1,000,000, per year on accrual + trading information
Mid Market | Wheeler | Consolidated Edison | NY | 0.4 | RFP for winter load Zone J and G | Nov'01-Apr '02 | 50-300 MW | in progress | awaiting RFp | 2001-09-20 00:00:00 | Q4 | 50000
Mid Market | Wood/Llodra | Reading Muni | NEPOOL | 0.4 | ENA sell fixed load shape | 6/02-10/07 | 150 MW | in progress | shortlisted .  Negotiating contract | 2001-09-27 00:00:00 | Q4 | 200000
Origination | Scheuer | American Ref-Fuel | NY | 0.3 | Enron would develop expansion and lease to American Ref-Fuel, with payments netted with a tolling arrangement | 15 yr | 80MW | TBD | Checking on QF status implications, price estimates, and structure to meet finance criteria.  [NAME] delay in confirming interest with UAE selling share | 2001-09-05 00:00:00 | Q4 | 5000000
Mid Market | Wheeler | Keyspan Energy Services | NY | 0.3 | Looking at load shape for Zone J | Jan-Dec02 | 75 MW | due next week | things have been postponed due to attack | 2001-09-05 00:00:00 | Q4 | 75000
Mid Market | Wood | Omya/Vermont Marble | NEPOOL | 0.3 | Using FreeMarket | 2001-01-02 00:00:00 | 17 MW |  | They reviewing our EEI currently | 2001-09-20 00:00:00 | Q4 '01 | 150000
Mid Market | [NAME] | Allegheny Energy | PJM | 0.25 | 2-3 Year Spark Spread Call Option | [NAME] | 100 MW |  | Awaiting new bid from Allegheny | 2001-09-24 00:00:00 | Q4 | 50000
Origination | Scheuer/Politis | NJ BGS | PJM | 0.25 | All NJ utilities in NJ to jointly auction default load. | 1yr | 1000 MW | TBD | Includes Capacity and ancillaries, which will probably make Enron uncompetitive | 2001-09-10 00:00:00 | Q4 | 2000000
Origination | [NAME] | Sempra Energy Trading | NEPOOL | 0.25 | Sell 100 MW 7x24 cal 04,05 | NA | NA | NA | Working to come together on price.  Within a quarter on price. | 2001-09-24 00:00:00 | Q4 | 0
Mid Market | Wood | Burlington Elec | NEPOOL | 0.2 | ENA sell energy | Cal '03 | 50 MW | none yet | awaiting approval/ may do long from confirm | 2001-09-26 00:00:00 | Q4 | 150000
Mid Market | Wheeler | General Electric | NY | 0.2 | Looking at 7x24 swap zone F | Cal02 | 20-40 MW |  | waiting corporate approval | 2001-09-04 00:00:00 | Q4 | 25000
Origination | Scheuer | Keyspan Energy Services | NY | 0.2 | As [NAME] will not make their budget, we are pursuing ideas to "shift" profit from next year to this year, including Keysapn selling a call, a tilted swap, etc. | 1yr | TBD | TBD | submitting ideas next week, | 2001-09-03 00:00:00 | Q4 | 200000
Origination | Scheuer | Keyspan Energy Trading | NY | 0.2 | Coral Asset mgt expires in March 2002 | 2 yr | TBD | TBD | [NAME] has option to extend Coral deal.  Waiting to determine interest | 2001-09-10 00:00:00 | Q1 02 | 1,000,000 per year accrual
Origination | Scheuer | Keyspan Energy Trading | NY | 0.2 | Looking at satructures to achieve better than index | 3 yr | TBD | TBD | Waiting on definitive answer on merger from NJ BPU.  If merger does proceed, we will pursue with First Energy. Discussed with First Energy 7/18. Desk may not be interest in capacity and ancillaries. | 2001-08-22 00:00:00 | Q4 | 5000000
Mid Market | [NAME] | Old Dominion | PJM-W | 0.2 | Sell Cal02 73 MW ATC with an embedded option to curtail power | Cal02 | 73 MW | $30.50 minus option value | ODEC must present alternatives to their industrial client | 2001-09-26 00:00:00 | Q4 | 100000
Mid Market | Wheeler | OPG | NY | 0.2 | Sell On Peak Zone A or C | Cal02 | 50MW | 39.75 or 43 | waiting to see what zone they want to do | 2001-09-25 00:00:00 | Q4 | 15000
Origination | Scheuer | Philly Gas Works/PECO | PJM | 0.2 | Optimize LGN facility, Possible dual fuel changeover or expansion of PECO plant, or development of Philadelphia location. | 15 yr | TBD | TBD | looking into economics using both Enron and ICF curves; also researching PECO plants for opportunity. | 2001-09-10 00:00:00 | Q4 | 5000000
Mid Market | Wheeler | Rochester Gas  Electric | NY | 0.2 | Unit outage Insurance | Jul02-jun03 | 500 MW |  | waiting corporate approval | 2001-09-04 00:00:00 | Q1 02 | 200000
Mid Market | Wood | WPS | NEPOOL | 0.2 | ENA sell energy | Summer 02 | 5 MW | waiting |  | 2001-09-25 00:00:00 | Q3 | 5000
Mid Market | Wood | CVPS | NEPOOL | 0.1 | ENA provide range of Services | 2 yr | 450 MW |  | Visited and send initial "range of services" letter; awaiting internal discussions on next steps | 2001-09-20 00:00:00 | Q4 | 500000+
Mid Market | Wood/Llodra | Duke | NEPOOL | 0.1 | Duke sell slice of NEPOOL hourly load | Cal '02 and/or cal '03 | 250 MW | They are looking to get bids w/in next week or two | On hold.  Waiting for feedback from ANP | 2001-09-24 00:00:00 |  | 200000
Mid Market | Wheeler | Energetix | NY | 0.1 | Looking at load shape for Zone J | Jan-Dec02 | 5 MW |  | waiting for ISDA next week | 2001-09-05 00:00:00 | Q4 | 20000
Origination | Scheuer | First Energy GPU | PJM | 0.1 | Enron to take a slice of their full requirement load. | 1 yr | 500 MW | TBD | Waiting for NJ BPU final approval of merger | 2001-08-29 00:00:00 | Q4 | 1000000
Mid Market | Wood | Georgetown Muni | NEPOOL | 0.1 | ENA sell energy only - 7x24 | 1/02-12/06 | 2-3 MW | On short list | Waiting to hear from consultant | 2001-09-10 00:00:00 | Q4 | 50000
Origination | Scheuer | Keyspan Energy Services | NY | 0.1 | Partnership where then can mitigate risks, while growing in both Retail and wholesale.  Working with [NAME] on gas desk | 2 yr | TBD | TBD | first priority is hedging retail risk, since ancillaries and capacity is not a risk Enron wants to take on, we are stressing the services M.O. | 2001-08-22 00:00:00 | Q4 | 1000000 per year accrual
Mid Market | WHeeler | [NAME] | NY | 0.1 | Zone K Synthetic Toll 9 HR | 2004-2008 | 50 MW |  |  | 2001-09-05 00:00:00 | Q4 | 100000
Origination | [NAME] | National Grid | NEPOOL | 0.1 | Assume their remaining load and supply denomination | NA | NA | NA | NA | 2001-09-24 00:00:00 | Q4 | 0
Mid Market | Wood | New Brunswick Power | NEPOOL | 0.1 | ENA buy ICAP off units in NB owned by Enron Canada |  | 100 to 200 MW | Preliminary discussions | Visited in Aug. - awaiting Enron Canada's progress on possible sale of units | 2001-09-09 00:00:00 | Q4 | 500000
Origination | Marks/ Scheuer | NRG | NY/NEPOOL | 0.1 | Asset Management for in-city NY plants and Conn. Plants | TBD | NE generation | TBD | visit keeps getting delayed, now scheduled for 9/28 | 2001-09-04 00:00:00 | Q4 | 1000000 per year accrual
Mid Market | Wood/Llodra | NRG | NEPOOL | 0.1 | Tolling off of Norwalk Harbor | Jan-Dec02 | 250 MW |  | Waiting  load and weather data | 2001-09-04 00:00:00 | Q4 | 200000
Mid Market | [NAME] | NYSEG | PJM-W | 0.1 | Sell energy, unforced capacity credits | Cal02 | 20 MW | $38 and $46 | NYSEG is looking at the levels | 2001-09-26 00:00:00 | Q4 | 30000
Mid Market | [NAME] | PSEG | PJM-W | 0.1 | PSEG buy $40 daily puts for 02 | Summer02 | 300 MW | $4.50 bid | They are showing sub-broker prices | 2001-09-24 00:00:00 | Q3 | 25000
Origination | Scheuer | Valero/Foxhall Energy | PJM | 0.1 | Enron to participate (either turnkey, asset mgt, or other arrangement) in expansion of 60 MW plant to a 285 ME plant in PJM | tbd | 285MW | tbd | signing CA | 2001-09-12 00:00:00 | Q4 | 5000000
Mid Market | Wood | VEC | NEPOOL | 0.1 | ENA sell all requirements | 2002-2006 | 8-10 MW | bid at $33-34 | Looks way off our mid | 2001-09-20 00:00:00 | Q4 | 150000
Mid Market | Wood | Westfield | NEPOOL | 0.1 | Enron sell RTC energy | 11/01-3/02 | 7 MW | Their bid $40 | they are way off the market - wait for movement | 2001-09-26 00:00:00 | Q4 | 10000
Mid Market | [NAME] | WPS Energy | PJM | 0.1 | [NAME] vs. [NAME] | Nov02-Apr03 | 50-100 MW |  | Awaiting approval for WPS to improve bid | 2001-09-21 00:00:00 | Q4 | 50000
Mid Market | Wheeler | WPS Energy | NY | 0.1 | Sell 7x24 Zone G | oct01-Sep02 | 5mw | 44.5 | waiting to hear from their retail side | 2001-09-20 00:00:00 | Q4 | 5000
Mid Market | Wood | WPS Energy | NEPOOL | 0.1 | WPS sell rtc energy | 2001-10-01 00:00:00 | 10 MW | WPS offer 33.25 - our bid 31.75 | waiting for WPS to move | 2001-09-26 00:00:00 | Q4 | 0
Origination | Llodra/Wood | ANP | NEPOOL | 0.05 | Peform physical tolling for ANP relating to one of their Blackstone (MA) CCGT units.  Includes full bidding authority and all products (energy, ancillaries, ICAP), and could include assignment of gas xport and/or commodity agreements | Cal '02 and/or cal '03 | 250 MW | They are looking to get bids w/in next week or two | On hold.  Waiting for feedback from ANP | 2001-08-01 00:00:00 | Q4 | 500000
Mid Market | [NAME] | Constellation | PJM-W | 0.05 | ENA buys E/W basis for Q4 | Q4 | 50 MW | $2.50 bid vs $5.5 | We are too far apart on price | 2001-09-25 00:00:00 | Q3 | 10000
Mid Market | Wood | MATEP | NEPOOL | 0.05 | Buy energy and ancillaries off of new 60 MW in development | 1-3 yrs starting 3/02 | Up to 60 MW |  | working on transmissions issues | 2001-09-20 00:00:00 | Q4 | 200000
Origination | [NAME] | Wisvest | NEPOOL | 0.05 | Aquire 2 gen. Facilities in southern Connecticut |  |  |  |  | 2001-09-24 00:00:00 | Q1 02 | 0
Origination | [NAME] | Narragansett electric | NEPOOL | 0.05 | Serve all requirements load | dec 01-05; dec 01-09 | 7 million PV MWh |  |  | 2001-09-24 00:00:00 | Q4 | $20-30M
Origination | [NAME] | Western Mass. Electic Co. | NEPOOL | 0.05 | Serve Standard Offer Load | Cal '02 | 3 million MWh |  |  | 2001-09-24 00:00:00 | Q4 | $10-12M
Development
Development | Keenan/Grube | FPLE/ Calpine #1 |  | 0.7 | Develop for site flip, additional MWs, or customer deal.  In discussions with FPL, Calpine, and TECO on site sale. |  |  |  | Signed LOI w/ FPLE.  Calpine LOI signed -- milestone payments through Q2 of '02 should total an additional $3MM  -  Athens | 2001-09-07 00:00:00 | Q4 | 250000
Development | Keenan/Grube | FPLE/ Calpine #2 |  | 0.7 | Develop for site flip, additional MWs, or customer deal.  In discussions with FPL, Calpine, and TECO on site sale. |  |  |  | Signed LOI w/ FPLE.  Calpine LOI signed. -- milestone payments through Q2 of '02 should total an additional $3MM  -  Hartwell | 2001-09-07 00:00:00 | Q4 | 250000
Development | Booth | AES |  | 0.6 | AES Haywood Deal |  | 540MW |  | $2MM upside payment expected for Q3 | 2001-09-09 00:00:00 | Q4 | 2000000
Development | Mitro/Booth |  |  | 0.5 | Enron sells D5A turbine ($1.5 MM split 50% with West Power). |  | 119 MW |  | Working with Navigant to find potential customers/talking to equipment brokers. (income from Montana power exclusivity agreement retained) | 2001-08-21 00:00:00 | Q4
Development | Tapscott | [NAME] |  | 0.5 | Enron sells its 50% equity interest in the [NAME] project in Georgia to project partner, [NAME]. |  | 342 MW |  | On-going contact with [NAME] as plant issues are resolved and potential sale value is established. | 2001-09-25 00:00:00 | Q4 | 3000000
Development | [NAME] | TECO |  | 0.5 | Enron flips Midway, FL development site to TECO. |  |  |  | In discussions with TECO.  Information Memo. sent to other potential customers | 2001-09-19 00:00:00 | Q4 | 7000000
Development | Mitro | Onondaga |  | 0.5 | Sale of Enron's cash flow interest in Onondaga plant. |  |  |  | In process of preparing prospectus for potential customers. | 2001-09-17 00:00:00 | Q4 | 2000000
Development | Keenan/Gimble |  |  | 0.4 | Site Sale/Monetization of Fort Pierce site in St. Lucie County, Florida. |  |  |  | In process of identifying potential customers.  Information Memo sent out to potential customers. | 2001-09-19 00:00:00 | Q4 | 5000000
Development | Booth |  |  | 0.35 | Enron sells Calvert City project in Kentucky. |  | 510 MW |  | Potential buyers reviewing due diligence binders.  Final CAs being prepared. | 2001-09-25 00:00:00 | Q4 | 1000000
Generation Investments
Generation Investments | [NAME] | Brownsville | ERCOT | 0.4 | Asset Development |  | 500MW |  | Municipal Develelopment with option to expand | 2001-09-12 00:00:00 | Q302 | 45000000
Generation Investmests | [NAME] | Florida Crystals | FRCC | 0.4 | Asset purchase and Development of expansion |  | 64MW |  | met with Fanjul Brothers on 9/07/01.  Decision expected 9/17/01 | 2001-09-07 00:00:00 | Q102 | 10000000
Generation Investmests | Clifford/Munoz/Grace | Indeck |  | 0.25 | [NAME] Choice contract on 128 MW Corinth Project in NY.  PPA to Con ED |  |  |  | Seller's Choice presented 8/13. Tolling valuation presented 9/06. Contract restructure valuation to be presented on Monday 9/24. | 2001-09-20 00:00:00 | Q102 | 5000000
Generation Investmests | Tricoli/HendersonGrace/Kiani | Calpine |  | 0.25 | MPA for plants in ERCOT, FRCC, NEPOOOL, NYPP and PJM - our pick |  |  |  | Proposal to be sent week of 9/17/01 | 2001-09-18 00:00:00 | Q402 | 15000000
Generation Investmests | Tricoli/Henderson/Munoz | Calpine |  | 0.25 | Expansion financing/off take for NY plant (and KIAC) |  |  |  | Developing proposal | 2001-09-07 00:00:00 | Q102 | 7500000
Generation Investmests | Tricoli/Henderson/Heintzelman | Calpine |  | 0.25 | Syn plant proposal to optimize devel. Plants in OH,IN and MI |  |  |  | Developing proposal | 2001-09-07 00:00:00 | Q102 | 7500000
Generation Investmests | Henderson/Grace/Gurrola/Sprott | American Refuel |  | 0.2 | 80MW trash burner - sleaving PPA (like CRRA) |  |  |  | negotiating CA - developing deal structure-ARF needs to reach agreement with ACE | 2001-09-05 00:00:00 | Q102 | $100,000,000 funds flow
Generation Investments | Blair/Heintzelman/Gonzalez/Sprott | TECO |  | 0.2 | [NAME] Deals |  |  |  | Indicative pricing delivered 9/11 | 2001-09-18 00:00:00 | Q102 | 30000000
Generation Investments | Clifford/Marks/Munoz/McCracken | American National Power |  | 0.2 | Purchase 50% interest in 424 MW Oyster Creek, TX and 300 MW Hartwell, GA projects |  |  |  | Oyster Creek value $60 mm, Hartwell $25 mm. Earnings-driven structure ^ presented 9/19, awaiting ANP response. | 2001-09-19 00:00:00 | Q102 | 10000000
Generation Investments | Tricoli/Clifford/Marks | GE Capital Services |  | 0.2 | Acquire interests in 3-4 projects: Chambers, NJ (coal, Mass Power (gas), Lake, FL (gas), possible Saranac, NY (gas) |  |  |  | CA signed. Meeting reschuled for 9/27 in Stamford. | 2001-09-21 00:00:00 | Q102 | 10000000
Generation Investmests | Ward/Clifford/Hill | Delta Power |  | 0.2 | Sale of Motown - MPLP to Delta Power, possibly retaining restructuring upside.  Potential later sale of Motown - Ada. |  |  |  | Bid received, reviewing possible structures and approaches for Dynegy's 50% interest. Meeting set for 9/12 in Dallas. | 2001-09-12 00:00:00 | Q102 | 5000000
Generation Investments | Tricoli/Clifford/Heintzelman/Gurrolla/Quinn | FPL |  | 0.15 | Various financing and risk management |  |  |  | Collecting information and formulating proposal | 2001-09-11 00:00:00 | Q102 | 10000000
Generation Investments | Clifford/Munoz/Grace/Wang | Panda |  | 0.15 | Seller's Choice contract on 240 MW Brandywine project in MD. PPA to PEPco. ^ |  |  |  | New proposal for $27mm ^ purchase presented at 9/19 meeting in Dallas. Follow-up tax call set for 9/24. | 2001-09-20 00:00:00 | Q102 | 10000000
Generation Investmests | Blair/Heintzelman/McCracken/Czuppon | AES Synthetic Plant |  | 0.1 | 500 MW Synthetic Peaker in TVA |  |  |  | Indicative numbers got interest.  Refining cost numbers with help from engineering.  Refining pitch to rolling four year strip w/option to extend if mutually agreeable to all parties | 2001-09-17 00:00:00 | Q102 | 10000000
Generation Investmests | Blair/Heintzelman | Dominion Resources |  | 0.1 | 1100 MW combined cycle synthetic in TVA |  |  |  | Pitched Syn-Plant deal.  Waiting for better plant economic data to structure cost metrics at optimum level for ENE. | 2001-08-15 00:00:00 | Q102 | 30000000
Generation Investmests | Blair/Heintzelman | TVA |  | 0.1 | 200MW [NAME] |  |  |  | Indicative pricing on curves to be sent 9/17/01 | 2001-08-15 00:00:00 | Q102 | 10000000
Generation Investmests | Tricoli/Clifford/Munoz/McCracken | PGE National Energy |  | 0.1 | Purchase 64% of 250 MW Cedar Bay Project (coal) in Florida.  PPA to FP&L |  |  |  | All documents received. Sellers model to come this week. Conference call to be scheduled. ^ | 2001-09-21 00:00:00 | Q102 | 5000000
Generation Investments | Tricoli/Heintzelman | CH Resources |  | 0.05 | Acquisition |  |  |  | Obtaining sale package | 2001-09-06 00:00:00 | Q401 | 2000000
Generation Investmests | Tricoli/Heintzelman/Gonzalez | CH Resources |  | 0.05 | Acquisition |  |  |  | Obtaining sale package | 2001-09-17 00:00:00 | Q102 | 2000000
Generation Investmests | Duran/Tricoli/Clifford | FPL Energy/Tractabel |  | 0.05 | Purchase Tractabel's interest in 300 MW Bellingham, MA project |  |  |  | Follow-up call set for next week with FPL on results of recent meeting with Nstar. | 2001-09-21 00:00:00 | Q102 | 10000000
Generation Investmests | Miller/Clifford/Bartlett | United American Energy |  | 0.05 | Auction of UAE: 464 net MW of existing QFs (40% waste-to-energy), 1,536 MW in development. |  |  |  | CA signed. Met with prospective bidding partner, [NAME], on 9/05. Response next week. | 2001-09-20 00:00:00 | Q102 | 10000000
*Transacted by the cash desk
Red qualifies as a services deal
~Values listed as estimated gross margin