Message-ID: <1996756.1075849801345.JavaMail.evans@thyme> Date: Mon, 11 Dec 2000 08:27:00 -0800 (PST) From: rob.gay@enron.com To: peter.weidler@enron.com Subject: OPIC/KFW Next Steps Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Rob G Gay X-To: Peter E Weidler X-cc: X-bcc: X-Folder: \Randall_Gay_Nov2001\Notes Folders\Discussion threads X-Origin: GAY-R X-FileName: rgay.nsf ---------------------- Forwarded by Rob G Gay/NA/Enron on 12/11/2000 04:01 PM --------------------------- Rob G Gay 12/11/2000 04:24 PM To: Richard A Lammers/SA/Enron@Enron, John Novak/SA/Enron@Enron, Laine A Powell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Tracee Bersani/HOU/ECT@ECT, Felipe Ospina/NA/Enron@ENRON Subject: OPIC/KFW Next Steps I spoke with Mary Mervene this morning and the llenders declined to convene this week although we will arrange an ECA call for Thursday or Friday. Mary has requested that we do the following: 1) Send the Lenders and S&W the new budget info and the revised change order summary. 2) Revise the model to reflect the new costs and the new timeline. 3) S&W will review the model and then we will repeat the exercise of calculating fuel oil and Furnas penalty exposures. 4) Finalize sponsor support elements. This can all occur fairly quickly except I am concerned because we have not resolved the budget with Shell, and theoretically the lenders can take 30 days to review the model and budget when submitted. We also need to discuss strategy because we may want to delete the contingency from the budget since the lenders are going to want the sponsors to commit to some general contingency supporty anyway.