Spreadsheet: louise_kitchen__23937__Weekly Deal Report 10-18-01 A
Sheet: Hot List

East Power Group Done Deals/ Hot List
Origination, Mid Market, Development, Generation Investments
10/11/01-10/17/01
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 | [NAME] | Sempra | ECAR | Done | Buy 100 MW 5x16 into FE | Jan-Dec '02 | 100 MW | 35.95 | Completed |  | 2001-10-11 00:00:00 | 122400
Mid Market | [NAME] | PG&E Energy Trading-Power L.P. | ECAR | Done | Sell 100 MW 5x16 into FE | Jan-Dec '02 | 100 MW | 36.25 | Completed |  | 2001-10-11 00:00:00 | 0
Origination | Clynes | OPPD | MAPP | Done | Assignment of LES energy annuity to OPPD | May '02-Oct '03 | NA | 1250000 | Completed |  | 2001-10-12 00:00:00 | 200000
Origination | Clynes | OPPD | MAPP | Done | Assignment of LES capacity annuity to OPPD | May '02-Oct '04 | NA | 0 | Completed |  | 2001-10-12 00:00:00 | 0
Mid Market | Sewell | Rainbow | MAPP | Done | Buy 50 MW 5x16 into NSP Border | Nov '01 | 50 MW | 24 | Completed |  | 2001-10-16 00:00:00 | 0
Mid Market | [NAME] | Wabash Valley | ECAR | Done | Buy 50 MW 5x16 into [NAME] | Nov '01 | 50 MW | 23.75 | Completed |  | 2001-10-17 00:00:00 | 0
Pending: |  |  |  |  |  |  |  |  |  |  | Week Total
Midwest
Mid Market | [NAME] | SIGECO | ECAR | 0.25 | [NAME] 02 | [NAME] | 50 MW |  | In discussions with counterparty | 2001-10-09 00:00:00 | Q4 | 5000
Mid Market | Clynes | Compressor Services | MAIN | 0.2 | Sale of energy | TBD | 8 MW | TBD | Meeting with IP and NICOR this week | 2001-10-15 00:00:00 | Q4 | 200000
Mid Market | Clynes | MEAN | MAPP | 0.2 | Purchase of regulatory capacity | 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
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 | Q1 | 150000
Origination | Clynes | OPPD | MAPP | 0.2 | Buyout of remainder of contract | 2003-2008 | Various | TBD | Customer and Enron determining buyout number and analysis | 2001-10-12 00:00:00 | Q1 | 1000000
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 | [NAME] | SIPCO | ECAR | 0.2 | Jul-Aug-02-may be looking for another piece | Summer 02 | 50 MW |  | Counterparty waiting for mkt to rtn prior  levels | 2001-10-16 00:00:00 | Q4 | 5000
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 |  | Working on Long Form Confirm | 2001-10-16 00:00:00 | Q4 | 50000
Mid Market | [NAME] | EKPC | ECAR | 0.15 | Summer 02 | Jul-Aug 02 | 50 MW |  | In discussion w/ CP they think its going lower | 2001-10-11 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 | Sewell/Valdes | Alliant East | MAIN | 0.1 | Costless call spread | Cal 02, excluding Summer | 50 MW |  | Counterparty waiting to put out RFP before discussing any long term structures | 2001-10-15 00:00:00 | Q4 | 30000
Mid Market | Sewell/Valdes | Alliant East | MAIN | 0.1 | Costless call spread | Jan-Feb 02 | 50 MW |  | In discussions with counterpart | 2001-10-15 00:00:00 | Q4 | 1500
Mid Market | Sewell/Valdes | Alliant East | MAIN | 0.1 | Costless call spread | [NAME] 02 | 50 MW |  | In discussions with counterpart | 2001-10-15 00:00:00 | Q4 | 1500
Origination | Dalton/Robinson-Coal Development | 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 requirements of 500 Mw.  Interested in CFB technology | TBD | 500 Mw | TBD | Deal structure to be presented at customer board meeting on 10/22. | 2001-10-10 00:00:00 | 2Q02 | 5000000
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 | 2001-10-04 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 | 2001-10-04 00:00:00 | Q4 | 5000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Sell 100 MW, 5x16 into CILCO | [NAME] 03 | 50 MW |  | in discussions | 2001-10-04 00:00:00 | Q4 | 20000
Mid Market | Sewell | CILCO | MAIN | 0.1 | Sell 100 MW, 5x16 into CILCO | [NAME] 04 | 50 MW |  | in discussions | 2001-10-04 00:00:00 | Q4 | 20000
Mid Market | [NAME] | Constellation | ECAR | 0.1 | Buy 50 Cal 02 Offpeak Wrap (CIN) | 1/1/02 -12/31/03 | 50 MW |  | In discussions with  C/P | 2001-10-09 00:00:00 | Q4 | 5000
Origination | [NAME] | East Kentucky Power | ECAR | 0.1 | Sell up to 250 Mw to EK in lieu of them building a 250 Mw CFB plant.  Support their CFB product with favorable EPC wrap | 1/1/04-12/31/13 | 250 Mw | $28.00@Cin | EK making final decision on asset build vs. buy from market.  Have invited us in for meeting on 10/18/01 | 2001-10-10 00:00:00 | Q4 | 1000000
Mid Market | Sewell | Gen~Sys | MAPP | 0.1 | Sell 5x16 into DPC (CE Gen Source) | Cal 02 | 50 MW |  | Reviewing risk associated with shorting CE gen source | 2001-10-05 00:00:00 | Q4 | 40000
Mid Market | Clynes | [NAME] | MAPP | 0.1 | Sale of Regulatory Capacity | 6/02-8/02 | 50 MW | TBD | Customer to know demand in a couple of weeks | 2001-10-03 00:00:00 | Q4 | 50000
Origination | Dalton/Robinson-Coal Development, et [NAME] | IMPA | ECAR | 0.1 | Cover at least 250 Mw of 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 such as CFB technology.  Possibility to link this deal with [NAME]'s requirements. | 1/1/07-12/31/27 | 500 Mw | TBD | Customer has requested that we present their deal structure to their Board of Directors during Mid November | 2001-10-15 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 EEI | 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 | Q1 | 3500000
Mid Market | Sewell | MHEB | MAPP | 0.1 | Buy 50 MW | Nov 01 | 50 MW |  | In discussions with counterpart | 2001-10-12 00:00:00 | Q4 | 1000
Mid Market | Kelly | Missouri River | MAPP | 0.1 | Summer unit outage protection | [NAME]02 | 200 MW | 155000 | Indicative pricing given 10/9 | 2001-10-09 00:00:00 | Q4 | 15500
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 | 2001-09-28 00:00:00 | Q4 | 10000
Mid Market | Kelly | National Steel | MAIN | 0.1 | 7x24 block or interruptible energy | 5/02 - 4/03-04 | 50-100 MW | 27.5 | RFP response submitted 10/15 | 2001-10-15 00:00:00 | Q4 | 100000
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 | Q1 - 02 | 10000
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 | [NAME] | SEMPRA | ECAR | 0.1 | Cal 02 into AEP Offpeak Wrap | Cal 02 | 3 MW |  | In discussions with counterparty | 2002-10-12 00:00:00 | Q4 | 5000
Mid Market | [NAME] | SIGECO | ECAR | 0.1 | Looking for cal 02 into CIN under 17.25 | Cal 02 | 50 MW |  | In discussions with counterparty | 2001-10-08 00:00:00 | Q4 | 5000
Orgination | Clynes/Tapscott/Abler | SMMPA | MAPP | 0.1 | Sale of LM6000 for development project | TBD | TBD | TBD | Customer will be issuing RFP within a few weeks | 2001-09-17 00:00:00 | Q4 | 1000000
Origination | Clynes | SWEC | MAIN | 0.1 | Sale of full requirements power for 5-7 years | 6/04-5/08-10 | varies | TBD | Structuring evaluating our ability to deliver | 2001-10-12 00:00:00 | Q1 | 1000000
Mid Market | [NAME] | TEA | ECAR | 0.1 | [NAME] Call | 2001-11-01 00:00:00 | 50 MW |  | In discussions with counterparty | 2001-10-15 00:00:00 | Q4 | No Orig Granted
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; customer still undecided re/ short list choice | 2001-10-16 00:00:00 | Q4 | 200000
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
Mid Market | Kelly | Cognis Corporation | ECAR | 0.05 | monthly shaped blocks, 24x7 | 1 to 3 yrs | 11-13 MW | TBD | CA to be executed | 2001-09-12 00:00:00 | Q4 | 100000
Origination | Clynes | MHEB | MAPP | 0.95 | Longer term services agreement | 11/01-4/02 | TBD | TBD | Attorney reviewing agreement | 2001-10-15 00:00:00 | Q4 | 250000
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 | Various technical due dilligience being reviewed.  Next Conference call scheduled 10/25. | 2001-10-10 00:00:00 | Q4 | $150k Accrural
Origination | Baughman/ Clynes | [NAME] | Various | 0.5 | Energy Services Trial at various facilities | TBD | TBD |  |  | 2001-10-10 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 | Customer wants to have EEI done prior to working on Services Deal.  EEI being completed by legal and approximately 75% complete.  Credit being reviewed. | 2001-10-01 00:00:00 | Q4 | 1,000,000 Accrual
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 | Updated proposal submitted 10/17/01 | 2001-10-17 00:00:00 | Q4 | $600,000 accrual
Origination | Baughman/ Clynes | MHEB | MAPP | 0.2 | Gas services Deal | 1/02-7/02 | TBD | TBD | MHEB waiting for internal approval | 2001-10-02 00:00:00 | Q4 | 100000
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. | 2001-10-15 00:00:00 | 1Q02 | 1000000
ERCOT
Origination | Curry | Air Products | ERCOT | 0.3 | QSE/Power Supply | Cal02 | 140  MW | $37.28/MWh | EEI has been completed.  Shortlisted.  Getting feedback from AP on shortlist meeting. | 2001-10-16 00:00:00 | Q4 | $500k
Origination | Curry | Oxychem | ERCOT | 0.3 | PPA | Cal02 | 200 MW | $23.75/MWh | Getting EEI.  Oxy wants a HR structure with a gas costless collar.  [NAME] sent, meeting set for 10/23. | 2001-10-16 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 | 2001-10-10 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 | 2001-10-08 00:00:00 | Oct | $1MM
Origination | Curry | Air Liquide | ERCOT | 0.25 | QSE/Power Supply | Cal02 | 250 MW | ~8,800 HR | AL reviewing ISDA and EEI.  [NAME] meeting to determine internal strategy.  We are meeting with them 10/31. | 2001-10-17 00:00:00 | Q4 | $500k
Origination | Jester | ExxonMobil | ERCOT | 0.25 | QSE/Power Supply | 2 years starting Jan '01 | 400 MW peak load/ 250 MW of gen |  | Repricing for TXU meters sent; waiting to hear from customer | 2001-10-15 00:00:00 | Oct | $1.1 MM
Origination | [NAME] | BOC Gases | ERCOT | 0.2 | QSE/Power Supply | 1-4 years | 22 MW | TBD | Short listed 10/16.  Pricing based on newly requested structures due 10/19 | 2001-10-16 00:00:00 | Q4 | $500k
Origination | Curry | Praxair | ERCOT | 0.2 | QSE/Power Supply | Cal '02 | 120 MW | TBD | CA done.  Working with Mexico group to do duel ERCOT/Mexican power deal.  [NAME] has issued RFP response due 10/26.  They invited me to [NAME] dinner to meet their VP to discuss [NAME]/Tex deal. | 2001-10-17 00:00:00 | Q4 | $200k
Origination | Curry | Shell Oil Co. | ERCOT | 0.2 | QSE/Power Supply | Cal02 | 1200 MW scheduling, 20MW baseload purchase | TBD | Proposal sent, Shell reviewing proposal. | 2001-10-17 00:00:00 | Q4 | accrual $200k
Origination | Forster/Curry/Irvin | [NAME] | ERCOT | 0.2 | 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 | Ford and GM signed MOU's.  [NAME] has shown interest so we are preparing MOU for them. | 2001-10-18 00:00:00 | Q4/Q1 2002 | $25 MM
Origination | Jester | TXI-Chaparral Steel | ERCOT | 0.2 | QSE/Power Supply | Cal02-03 | 200MW |  | initial pricing sent; customer presentation in a couple of weeks | 2001-10-03 00:00:00 | Oct | $1.5MM
Origination | Jester | UDS | ERCOT | 0.2 | QSE/Power Supply | 2 and 3 years starting Jan '02 | 46 MW(7x24) |  | rec'd RFP; pricing goes out Friday | 2001-10-15 00:00:00 | Oct | $1.2MM
Origination | Curry | General Motors | ERCOT | 0.15 | Sell power at border forGM's Mexican facilities | 5 years | 100 MW | TBD | CA signed.  MOU getting signatures, once signed then will schedule meeting. | 2001-10-18 00:00:00 | Q4/Q1 2002 | $10MM
Origination | Jester | [NAME] | ERCOT | 0.15 | QSE/Power Supply | Cal02-03 | 20MW(7x24) |  | Sent initial pricing 10/1; waiting to hear from customer | 2001-10-01 00:00:00 | Oct | $500K
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 | 2001-10-12 00:00:00 | Oct | $1.65 M
Origination | Curry | ALCOA | ERCOT | 0.1 | Power supply and QSE. | 2002 | 50 MW | $35.18/MWh | Sent proposal, ALCOA reviewing.  EES has sent proposal to ALCOA so I am getting that corrected. | 2001-10-17 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.  Trying to get option from EWC to use [NAME] site for this proposal if chosen. | 2001-10-09 00:00:00 | Q1 2002 | $5 MM
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.   Trying to get option from EWC to use [NAME] site for this proposal if chosen. | 2001-10-11 00:00:00 | Q4 | $8 MM
Origination | Curry | LCRA Aggregate Group | ERCOT | 0.1 | 10% LCRA program. | 2002 | 50 MW | $37.80/MWh | Sent proposal, Aggregate Group reviewing. | 2001-10-16 00:00:00 | Q4 | $200k
Origination | Curry | Pedernales Coop | ERCOT | 0.1 | 10% LCRA program. | 2002 | 70 MW | TBD | Sent proposal, P. reviewing.  P has decided that they will acquire supplies from other than LCRA, making decision on counterpary. | 2001-10-09 00:00:00 | Q4 | $500k
Origination | Jester | SOLUTIA | ERCOT | 0.1 | QSE/Power Supply | Cal02-03 | 0-20MW capacity |  | Sent initial pricing 10/16; waiting to hear from customer | 2001-10-16 00:00:00 | Oct | $250K
Origination | Jester | Agrilink | ERCOT | 0.05 | QSE/Power Supply | Cal02-03 | 91MW(7x24) |  | Getting his data together to send us | 2001-10-15 00:00:00 | Nov | $1MM
Origination | [NAME] | Gregory Power Partners | ERCOT | 0.05 | Contigency Call Option or Power Supply | Cal02 | 38 MW | TBD | Power supply pricing goes out this week. | 2001-10-05 00:00:00 | Q4 | $10k
Origination | Curry | [NAME] | ERCOT | 0.05 | QSE and power supply | Cal02 | 25 MW | $38/MWh | Sent proposal 9/10.  KC reviewing. | 2001-10-18 00:00:00 | Q4 | $100K
Origination | [NAME] | Koch Petroleum Group, LP | ERCOT | 0.05 | QSE/Power Supply | Cal02-03 | 40 MW | 5% band:  8800 HR   10% band: 9000 HR | Sent proposal 10/5, reviewing. | 2001-10-11 00:00:00 | Q4 | $[NAME]
Origination | [NAME] | BASF | ERCOT | 0.05 | QSE/Power Supply | 1-2 years | 20 MW | $34.40/MWh | Reviewing pricing. | 2001-10-17 00:00:00 | Q4 | $175k
Origination | Curry | Dow | ERCOT | 0.2 | QSE/Power Marketing | Cal02-03 | 1400 MW Gen- 1800MW Load |  | Proposal sent out 8/29.  Dow is considering longer term plan. | 2001-10-16 00:00:00 | Q4 | accrual $500k
Origination | Curry | BP Amoco | ERCOT | 0.1 | QSE | Cal02 | 1300 MW gen, 1500MW load | TBD | Sent proposal, BP reviewing. BP contact on vacation. | 2001-10-09 00:00:00 | Q4 | accrual $200k
Southeast |  |  |  |  |  |  |  |  |  |  |  | TBD
Origination | Fairley/Gimble/Piazze | Tallahassee (Repowering) | FRCC | 0.5 | Turnkey repowering of Hopkins Plant Unit 1.  Upon further analysis by Customer, they cannot use structure similar to Austin Project as previously proposed.  ENA is now reviewing 2 modified commercial structures.  [NAME] proposal to be sent 10/19.  The technical configuration and basic capacity deal with Customer has not changed. ENA would own 5 years of capacity shaped from 150 MW at start reducing to 50 MW.  Tallahasse would finance/own plant by year 5.  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. | 2001-10-02 00:00:00 | Q4 | $ 5MM
Origination | Fairley/Kroll | Ft. Pierce (AIG Highstar/ ETS/FMPA) | FRCC | 0.5 | Re-powering project.  ENA builds turbine & HRSG, sells steam, and sells plant, then takes back PPA or tolling.  (Enron Sells interest in Ft. Pierce Repowering Project to AIG Highstar/Sell Ft. Peirce and/or Midway Projects to ETS/ [NAME]. Pierce project to FMPA) | 11/31/03 | 196 MW | TBD | Ft. Pierce Utilities Boad voted unanimously to appove document execution.  Documents will be executed on 10/4/01.  (Awaiting LOI from AIG Highstar/ 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."/ FMPA deal would displace FMPA's Vero Beach proposed repowering project.) | daily contact | Q4 | $ 2-4MM
Mid Marketing | Rorschach/Acevado | ETEC | SPP | 0.5 | 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. Waiting for feedback from Temple Inland. | 3 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. | 2001-10-16 00:00:00 | Q4 | $1MM
Origination | 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 | Braddock | Alabama Electric | SERC | 0.1 | AEC to buy 50MW, 5x16, firm LD, at Ent/SOCO interface, Q4'01 | Nov-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).  AEC has begun talking to our hourly traders again as they have some to offer off of test unit. | 2001-10-16 00:00:00 | Q4 | 25000
Mid Marketing | Braddock | Southern | SERC | 0.1 | SOCO/ITS spread, 100MW, 5x16 whereby ENE sells into SOCO and buys on Ga-ITS | 1/1/02-12/31/02 | 100MW | $2.00/MWh | ENE bid $2.00.  SOCO offered $2.50.  We may be able to get there.  They are now comfortable with LD nature of both products, but may cut ITS if we cut SOCO.  This is fine with the understanding that both are LD events on 2 different products (I.e. not necessarily a wash). | 2001-10-16 00:00:00 | Q4 | 100000
Mid Marketing | Braddock | Mirant | SERC | 0.1 | SOCO/ITS spread, 100MW, 5x16 whereby ENE sells into SOCO and buys on Ga-ITS | 1/1/02-12/31/02 | 100MW | $2.00/MWh | ENE bid $1.50.  [NAME] is reviewing its offer.  They have assets on the ITS, so should be able to make an offer. | 2001-10-16 00:00:00 | Q4 | 100000
Mid Marketing | Braddock | Southern | SERC | 0.1 | ENE buys firm LD energy off of Wansley/Scherer units in Ga., 7x24, up to 100MW. | 1/1/04-12/31/05 | 100MW | $29/MWh | Southern is evaluting its offer.  They don't sell LD off of single unit, but may consider LD if they have option to sell off of Scherer or [NAME] at their choice. | 2001-10-17 00:00:00 | Q4 | 250000
Mid Marketing | Braddock | Reliant | SERC | 0.1 | ENE buys firm power to meet load shape of JEA contract. | present-Dec 31 '02 | < 93MW | $37/MWh peak; $25/MWh offpeak | Saw [NAME] at Power Mart.  He indicated a strong interest in supplying this position.  ENE sent revised term sheet on 10/17/01. | 2001-10-17 00:00:00 | Q4 | 100000
Mid Marketing | Braddock | Oglethorpe | SERC | 0.1 | ENE sells into GTC, 5x16 | Dec'01 | 100MW | $31/MWh | ENE made an offer for 5x16 into GTC.  OPC is evaluating.  Won't decide until next week when back in the office. | 2001-10-16 00:00:00 | Q4 | 15000
Mid Marketing | Braddock | Reliant | FRCC | 0.1 | ENE sells 5x16 at the Duval Station in Duval County Fla. | Dec'01 | 100MW | $45/MWh | ENE offered $45.  [NAME] is evaluating trans. Availability away from Duval. | 2001-10-12 00:00:00 | Q4 | 100000
Mid Marketing | Braddock/Kroll | Bear Island | SERC | 0.1 | ENE offers financial Swap based on PJM index 1/1/02-12/31/03.  ENE buys financial put swaption for 1/1/04-12/31/06. | 1/1/02-12/31/06 | 80MW | $32/MWh Swap; $2.25/MWh put | ENE is jointly proposing concept with [NAME] in EES.  Hinges on Bear's ability to buy physical power from Old Dominion at a floating rate based on PJM index. The structure allows Bear to arbitrage when index power prices are high because they have curtailment rights to not take power during each month. | 2001-10-09 00:00:00 | Q4 | 500000
Origination | Day/Braddock | GA utiilty | SERC | 0.1 | Non-interuptible load, will consider block purchase, 20MW load starting in 2003 for 3 to 5 years.
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
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
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). | 2001-10-16 00:00:00 | Q4 | 2000000
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 | 2001-10-10 00:00:00 | Q4 | TBD
Origination | Kroll/Emmons/Braddock | [NAME] | SERC | 0.1 | ENE buys 50MW, 7x24, system firm (Catawba and McGuire units together as system) and 50MW, 7x24, unit contingent (McQuire Units) | 1/1/03-12/31/07 | 100MW | $20.63/MWh (system); $19.38/MWh (unit) | ENE submitted RFP response on 9/27/01. | 2001-09-27 00:00:00 | Q4 | 2000000
Origination | Kroll/Emmons/Braddock | [NAME] | SERC | 0.1 | ENE to sell 5x16 into Duke | 1/1/03-12/31/07 | 350MW | $43.49/MWh | ENE submitted RFP response on 9/27/01. | 2001-09-27 00:00:00 | Q4 | 5000000
Origination | Kroll/Jafry/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. | 2001-10-12 00:00:00 | Q4 | 500000
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. | 2001-10-05 00:00:00 | Q2 '02 | $5 MM
Origination | Kroll/Rorschach/Acevedo | City of North Little Rock | SPP | 0.1 | Full requirements energy and capacity peak summer load 262MW. | 7/02 - 6/05 with bilateral option to extend 3 years. | 262MW summer peeak | $38/MWh | Proposals being evaluated.  EPMI should have feedback by 10/19/01.  City wants contract before city council in November. | 2001-10-16 00:00:00 | Q4 '01/Q1 '02
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 10/27/01 | 2001-10-16 00:00:00 | Q4
Origination | Rorschach/Acevedo | ETEC | SPP | 0.1 | Full requirements energy and capacity peak summer load 380MW. | Jan '5 Jan '10 | 380 MW summer peak | TBD | Proposals due October 31, 2001. | 2001-10-16 00:00:00 | Q1/Q2 '02
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.  GRDA interested in pursuing but will wait until first of 2002. | 2001-10-16 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.  GRDA changing leadership in January '02.  GRDA staff is very interested in pursuing at beginning of '02. | 2001-10-06 00:00:00 | Cal 2002
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 Oct 10, 2001.  EPMI proposal included parking option. | 2001-10-16 00:00:00 | Q1 '02
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. | 2001-10-05 00:00:00 | Q4 | 80000
Origination | Rorschach/Acevedo | UtiliCorp | SPP | 0.1 | Renewal of Unit Outage Product for Sibley Unit and additional 250 MW. | Summer '02 | TBD | TBD | EPMI waiting on GADS data from UtiliCorp in order to proceed with pricing. | 2001-10-15 00:00:00 | Q4 '01/Q1 '02
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 10/16/01 EPMI can source $31/MWh for a 5 year deal.  Compression services evaluating. | 2001-10-16 00:00:00 | Q4 | 0
Mid Marketing | Braddock | JEA | FRCC | 0.05 | Contract buyout: ENA pays cash to terminate contract | Present - 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. | 2001-10-15 00:00:00 | Q4 | 200000
Mid Marketing | Braddock | Morgan Stanley | FRCC | 0.05 | ENE buys firm power to meet load shape of JEA contract. | present-Dec 31 '02 | < 93MW | $37/MWh peak; $25/MWh offpeak | Morgan offered $40/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 $3 over what ENE bid.  [NAME] still has interest, but pending a market shift, we're too far apart. | 2001-10-08 00:00:00 | Q4 | 100000
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.  [NAME] has sent information to weather group at TVA. | 2001-10-16 00:00:00 | Q4 | 50000
Mid Marketing | Braddock/Rorschach/Hernandez | SEPA | SERC | 0.05 | 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, but SEPA is now worried about impact on it's network trans.  May schedule another visit to ease concerns. | 2001-10-01 00:00:00 | Q4 | 100000
Origination | Day/Braddock | New Smyrna Utility | FRCC | 0.05 | Requested an EEI in order to start short term trading with us. Florida Power Light contract up in '02. Wants to discuss
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). | 2001-10-10 00:00:00 | Q1 '02 | TBD
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 | 2001-10-16 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 list to be determined in late Oct early Nov.  Meeting with Entergy New Orleans 9/27/01 to discuss. | 2001-10-16 00:00:00 | Q4 | TBD
Mid Marketing | Braddock/Jafry/Emmons | Piedmont | SERC | 0.1 | Services and power marketing to replace arrangement with TEA.  [NAME] generation with peak summer load of 390MW.  Majority of gen. Is from Catawba nuclear unit (286MW).  Within [NAME] service territory. | TBD | 300MW | TBD | ENE held initial meeting with Piedmont on 9/25.  TEA is current marketer and has been for approx. 9 months.  TEA term has a 30 notice out.  ENE received executed CA and is working with Services group to get more detailed info. To put a proposal together. | 2001-10-13 00:00:00 | Q4 | Accrual
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. | 2001-10-17 00:00:00 | Q4
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. | 2001-09-28 00:00:00 | Q4 | 15000
Northeast
Origination | [NAME] | Taunton | NEPOOL | 0.5 | 25 Mw sale | 02-'07 | 1.3 mwh notional |  | Negotiating contract this week and finalizing price | 2001-10-15 00:00:00 |  | 900000
Origination | Letzerich/Luong | NJ BGS | PJM | 0.25 | All NJ utilities in NJ to jointly auction default load. | 1yr | 1000 MW | TBD | ENA working contract issue with EES.  ENA looking at potential bk to bk with 3rd party. | 2001-10-17 00:00:00 | Q4 | 2000000
Mid Market | Wood | Burlington Elec | NEPOOL | 0.2 | ENA sell energy | Cal '03 | 50 MW | none yet | awaiting approval/ may do long from confirm | 10/3/011 | Q4 | 150000
Mid Market | Wheeler/Politis | Dynegy | PJM/NY | 0.2 | Dynegy sell Zone G or A vs. buy PJM | 1-4 years | 100 MW | discuss structures | Look at alternatives to show Dynegy | 2001-10-03 00:00:00 | Q4 | 50000
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, | 2001-10-02 00:00:00 | Q4 | 200000
Mid Market | [NAME] | Old Dominion | PJM-W | 0.2 | Sell Cal02 73 MW ATC with an embedded option to curtail power | Cal02 | 73 MW | $29.90 minus option value | Another meeting with their client on Oct.22 | 2001-10-09 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
Origination | [NAME] | Select Energy | NEPOOL | 0.2 | Assume Wholesale Power Contract that they currently have with their affiliate (CLP).  Basically involves selling on/off peak quantities, with daily option to curtail for specified number of days/year (i.e. swap sale, daily call purchase) | 02-'13 | 4.3 million mwh notional | Above market contract.  EPMI would need to make up front payment to Select (likely in $3-$5 MM range) | Preparing initial valuation for discussion with customer this week | 2001-10-15 00:00:00 |  | 3000000
Origination | [NAME] | [NAME] | NEPOOL | 0.2 | Extend Current Standard Offer agreement 3 yrs. | 04-'06 | 17 million mwh pv |  | Very preliminary discussions.  Contingent on various regulatory and legislative developmenst in CT. | 2001-10-12 00:00:00 | sometime ealy to mid '02 | 50000000
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 | [NAME] | Allegheny Energy | PJM | 0.1 | 3 Year Spark Spread Call Option | 3 year | 100 MW |  | $3.50 bid vs. our $4.50 offer | 2001-10-08 00:00:00 | Q4 | 50000
Mid Market | Wheeler/Politis | Allegheny Energy | PJM West | 0.1 | Load following for default service | 7/1/02-12/31/08 | 100 MW |  | [NAME] and getting load data | 2001-10-16 00:00:00 | Q4 | 200000
Origination | Letzerich/Luong | American Ref-Fuel | NY | 0.1 | Enron would develop expansion and lease to American Ref-Fuel, with payments netted with a tolling arrangement | 15 yr | 80MW | $800k | Issues centered on: 1) LIPA toll price and 2.) UAE sale of ARC and other assets. | 2001-10-17 00:00:00 | Q4 | 5000000
Mid Market | Wood | Cinergy | NEPOOL | 0.1 | ENA sell ICAP | 2005-2016 | 40 to 85 MW | about $1.50 | working credit and legal | 2001-10-05 00:00:00 | Q4 | 100000
Mid Market | [NAME] | Constellation | PJM-W | 0.1 | ENA buys E/W basis for Cal02 | Cal02 | 50 MW | $5.00 bid vs $8.5 | We are too far apart on price | 2001-10-10 00:00:00 | Q4 | 20000
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 | 2001-10-04 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
Mid Market | Wood | Enron Outage Insurance Gropu | NEPOOL | 0.1 | ENA buy outage insurance for Seabrook position | Jun-Sep02 | 20 MW | 250000 | [NAME] of $5,000,000; [NAME] considering currently | 2001-10-17 00:00:00 | Q4
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 | 2001-10-02 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
Mid Market | Wood | GMP | NEPOOL | 0.1 | Portfilio outage insurance | Q3,4 of 2002 | 50 or 100 MW |  | working | 2001-10-05 00:00:00 | Q4 | 25000
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
Mid Market | Letzerich/Luong | [NAME] | NEPOOL | 0.1 | ENA sell energy to industrial | 1/1/02-12/31/04 | 20MW | TBD | CA being reviewed | 2001-10-17 00:00:00 | Q4
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 | 2001-10-04 00:00:00 | Q4 | 250000
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 | 2001-10-05 00:00:00 | Q4 | 30000
Mid Market | Wood | Omya/Vermont Marble | NEPOOL | 0.1 | 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 | Wood/Letzerich | SAPPI | NEPOOL | 0.1 | ENA sell energy to industrial
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 | [NAME] | WPS Energy | PJM | 0.1 | [NAME] vs. [NAME] | Nov02-Apr03 | 50-100 MW |  | Still $1.00 bid vs. $3.00 offer | 2001-10-03 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
Origination | Llodra/Wood | ANP | NEPOOL | 0.05 | Financial Toll | Cal '02 and/or cal '03 | TBD |  | Awaiting term sheet from ANP | 2001-10-17 00:00:00 | Q4 | TBD
Mid Market | Wood | GMP | NEPOOL | 0.05 | ENA sell energy | 03,04,05 | 25 MW | they target $31 | watch the market | 2001-10-05 00:00:00 | Q4 | 50000
Mid Market | Wood | GMP | NEPOOL | 0.05 | ENA sell energy at HQ Zone M to D | Bal weeks | 39 MW | Working | Issues 1) Physical or Financial; 2) transmission | 2001-10-05 00:00:00 | Q4 | 10000
Mid Market | Wheeler | Keyspan Energy Services | NY | 0.05 | Looking at load shape for Zone J | Jan-Dec02 | 75 MW |  | on hold, looking for a partnership approach to do ICAP and ancillaries | 2001-10-03 00:00:00 | Q4 | 75000
Mid Market | Wood/Letzerich | 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 | 2001-10-04 00:00:00 | Q4 | 200000
Mid Market | Wood/Llodra | PPL | NEPOOL | 0.05 | ENA buy tolling off Wallingford peakers | 3,5,10 yrs | upto 200 MW |  | RFP response due 10/19/01 | 2001-10-05 00:00:00 | Q4 | 250000
Mid Market | Wood/Llodra | PPL Energy Plus | NEPOOL | 0.05 | PPL offer tolling offer Wallingford LM 6000 | 3,5,10 yrs starting 2002 | up to 200 MW | Reviewing internally | Yet another trial balloon from PPL and Wallingford - will review | 2001-10-08 00:00:00 | Q4 | 250000
Mid Market | [NAME] | PSEG | PJM-W | 0.05 | PSEG buys DPL vs. sells West Hub | Cal02 | 50MW | $3.50 bid | We are the same way, actually better bid | 2001-10-01 00:00:00 | Q4 | 25000
Origination | [NAME] | Wisvest | NEPOOL | 0.05 | Aquire 2 gen. Facilities in southern Connecticut |  |  |  | Waiting on offer memorandum | 2001-10-15 00:00:00 | Q4/Q1'02 | not MTM
Mid Market | Wood | WPS | NEPOOL | 0 | ENA sell ICAP | 2001-11-01 00:00:00 | 10 MW | Deal not done | ENA at $0.85; deal done at $0.75 | 2001-10-17 00:00:00
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 | 2001-10-02 00:00:00 | Q1 02 | 1,000,000 per year accrual
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 | 2001-10-05 00:00:00 | Q4 | 500000+
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. | 2001-10-02 00:00:00 | Q4 | 1000000 per year accrual
Development
Development | Booth | AES |  | 0.9 | AES Haywood Deal |  | 540MW |  | $2MM upside payment expected for Q4 | 2001-09-09 00:00:00 | Q4 | 2000000
Development | Tapscott | [NAME] |  | 0.75 | Enron sells its 50% equity interest in the [NAME] project in Georgia to project partner, [NAME]. |  | 342 MW |  | Total Deal Gross Margin of $4.4MM   $1.4 allocated to Office of the Chair, remainder to Development | 2001-10-09 00:00:00 | Q4 | 3000000
Development | Keenan/Grube | FPLE/ Calpine 1 |  | 0.5 | Develop for site flip, additional MWs, or customer deal.  In discussions with FPL, Calpine, and TECO on site sale. |  |  |  | Negotiating definitive documents with Calpine | 2001-09-07 00:00:00 | Q4 | 250000
Development | Keenan/Grube | FPLE/ Calpine 2 |  | 0.5 | Develop for site flip, additional MWs, or customer deal.  In discussions with FPL, Calpine, and TECO on site sale. |  |  |  | Negotiating definitive documents with Calpine | 2001-09-07 00:00:00 | Q4 | 250000
Development | Mitro | Onondaga |  | 0.5 | Sale of Enron's cash flow interest in Onondaga plant. |  |  |  | In process of preparing prospectus for potential customers. | 2001-10-09 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. | 2001-10-16 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 | Clifford/Munoz/Grace | Indeck |  | 0.25 | [NAME] Choice contract or securitized financing on Corinth Project in NY.  PPA to Con ED |  | 128MW | $66 mm | Final proposals for Seller's Choice, Tolling and Contract Restructure presented on 9/24; reviewed by [NAME]Waiting response | 2001-10-12 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 |  |  |  | Revised term sheet delivered 10/17.  Meeting Calpine attorneys this week to discuss structure.  [NAME] in Houston 10/23 to discuss pricing and settlement issues. | 2001-10-17 00:00:00 | Q402 | 15000000
Generation Investmests | Tricoli/Henderson/Munoz/Marks | Calpine |  | 0.25 | Expansion financing/off take for NY plant (and KIAC) |  |  |  | Developing proposal | 2001-09-26 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 | 2001-09-26 00:00:00 | Q102 | 7500000
Generation Investments | Blair/Heintzelman/Gonzalez/Sprott | TECO |  | 0.2 | [NAME] Deals |  |  |  | Met at TECO office 9/28/. Requoting shorter term offers for Palo Verde, Entergy & FRCC.  TECO also looking for longer term bids for Palo & Entergy.  Desk has no bids for Palo & Entergy. | 2001-09-28 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 |  | 362 MW | $85 mm | Oyster Creek value $55 mm, Hartwell $25 mm. Earnings-driven structure presented 9/19, awaiting ANP response. | 2001-10-10 00:00:00 | Q102 | 10000000
Generation Investments | Tricoli/Clifford/Marks | GE Capital Services |  | 0.2 | Acquire interests in 4-5 projects: Chambers, NJ; Fla. Crushed stone, FL; Martinsville, WV; Reno,NV; possibly Saranac, NY |  | 200+ MW |  | reviewed by ANP 10/10. Awaiting response.  Initial meeting held 10/11 in Stanford.  GECC sending data. | 2001-10-11 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. |  | 64 MW |  | Bid received, reviewing possible structures and approaches for Dynegy's 50% interest. | 2001-10-15 00:00:00 | Q102 | 5000000
Generation Investments | Tricoli/Clifford/Heintzelman/Gurrolla/Quinn | FPL |  | 0.15 | Various financing and risk management |  |  |  | Preliminary feedback that bifurcation structure is ok. Working on specific pricing for PPA. | 2001-10-17 00:00:00 | Q102 | 10000000
Generation Investments | Clifford/Grace/Wang | Panda |  | 0.15 | Seller's Choice contract on Brandywine project in MD. PPA to PEPco. |  | 240 MW | $30+ mm | Proposal for $27[NAME] purchase rejected on 9/28.  Preparing final proposal this week, for c. $36[NAME] | 2001-10-12 00:00:00 | Q102 | 10000000
Generation Investments | Blair/Heintzelman | TVA |  | 0.1 | 200MW [NAME] |  |  |  | Our 8/15 proposal will be evaluated next week.  Will refresh pricing by 10/9/01 | 2001-10-04 00:00:00 | Q102 | 10000000
Generation Investments | Tricoli/Clifford/McCracken | PGE National Energy |  | 0.1 | Purchase 64% of 250 MW Cedar Bay Project (coal) in Florida.  [NAME] is co-owner.  PPA to FP&L |  | 160 MW | <$5 mm | All documents received. Sellers model to be completed this week. Meeting in Washington tentatively set for 10/29 | 2001-10-16 00:00:00 | Q102 | 5000000
Generation Investments | Blair | American National Power |  | 0.1 | [NAME] Deals |  |  |  | Provided indicative pricing for four Synthetics peakers.  200MW each.  Located in NY, Illinois, W.Virginia & Florida.  ANP in process of evaluating.  Expect more action next week. | 2001-10-05 00:00:00 | Q102 | 5000000
Generation Investments | Blair/Heintzelman/McCracken/Czuppon | AES Synthetic Plant |  | 0.05 | 500 MW Synthetic Peaker in TVA |  |  |  | Trying to ascertain interest.  Not getting call-backs. Continuing to pursue. | 2001-10-04 00:00:00 | Q102 | 10000000
Generation Investments | Blair/Heintzelman | Dominion Resources |  | 0.05 | 1100 MW combined cycle synthetic in TVA |  |  |  | Trying to ascertain interest.  Not getting call-backs. Continuing to pursue. | 2001-09-28 00:00:00 | Q102 | 30000000
Generation Investments | Tricoli/Heintzelman/Gonzalez | CH Resources |  | 0.05 | Acquisition |  |  |  | second round on TCC's but not assets | 2001-10-15 00:00:00 | Q102 | 2000000
Generation Investments | 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. |  | 232 MW | <$35 [NAME] equity | Tentatively out of round 2 . Considering with partner, [NAME], whether to raise indicative bid by $50mm | 2001-10-17 00:00:00 | Q102 | 10000000
*Transacted by the cash desk
Services deals at end of sections in red
~Values listed as estimated gross margin