Message-ID: <15672009.1075840438184.JavaMail.evans@thyme> Date: Fri, 11 Jan 2002 13:12:34 -0800 (PST) From: j..farmer@enron.com To: ed.mcmichael@enron.com Subject: Tenaska IV Agency Agreement Cc: a..martin@enron.com, michael.olsen@enron.com, garrick.hill@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: quoted-printable Bcc: a..martin@enron.com, michael.olsen@enron.com, garrick.hill@enron.com X-From: Farmer, Daren J. X-To: McMichael Jr., Ed X-cc: Martin, Thomas A. , Olsen, Michael , Hill, Garrick X-bcc: X-Folder: \ExMerge - Farmer, Darren\Sent Items X-Origin: FARMER-D X-FileName: darren farmer 6-26-02.pst Ed,=20 ENA has acted as agent for Tenaska IV , a generation facility in Cleburne, = Texas, in which , Enron has ownership interest. Our role was to manage the= fuel requirements for the plant. This includes scheduling, invoicing, and= settling the natural gas supplies and transportation. In addition to the = daily activity, ENA has the responsibility to sale any excess fuel from the= baseload supplies and purchase an additional fuel needs. Any profits/loss= es are passed on to Tenaska IV. ENA is just paid a monthly fee for the ser= vice. Rick Hill is my contact person for the project. He is looking into f= inding another party to handle this fuel management responsibility. If he = can't find a party willing to do this under similar terms, we will need to = find some one with the Enron estate to handle this. The problem with Enron= continuing in the role is the inability to transact in the gas market (no = customers willing to trade with us). So, the project is losing value. Ple= ase give me a call when you get a chance. Or, maybe we can meet sometime n= ext week to go over this. My schedule is pretty flexible. Daren 3-6905