Message-ID: <27524792.1075843863153.JavaMail.evans@thyme> Date: Mon, 12 Mar 2001 06:16:00 -0800 (PST) From: jeff.dasovich@enron.com To: christopher.calger@enron.com Subject: Re: FERC Order and DWR Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jeff Dasovich X-To: Christopher F Calger X-cc: X-bcc: X-Folder: \Jeff_Dasovich_June2001\Notes Folders\Sent X-Origin: DASOVICH-J X-FileName: jdasovic.nsf FYI. ----- Forwarded by Jeff Dasovich/NA/Enron on 03/12/2001 02:14 PM ----- "JOHN G KLAUBERG" 03/12/2001 01:43 PM To: Jeff.Dasovich@enron.com cc: Subject: Re: FERC Order and DWR Jeff: I am assuming you have already heard back from the FERC experts, but that generally would be my understanding (subject to a change in the order)--and, as we discussed, hopefully the bilateral forward market contract deals with CDWR ultimately will be specificaly excluded from the cap rules, etc. (Joe Hartsoe indicated this morning that no one has indicated that the bilaterals should be subject to the FERC order). John "This e-mail, including attachments, contains information that is confidential and it may be protected by the attorney/client or other privileges. This e-mail, including attachments, constitutes non-public information intended to be conveyed only to the designated recipient(s). If you are not an intended recipient, please delete this e-mail, including attachments and notify me by return mail, e-mail or by phone at 212 424-8125. The unauthorized use, dissemination, distribution or reproduction of the e-mail, including attachments, is prohibited and may be unlawful. John Klauberg LeBoeuf, Lamb, Greene & MacRae, L.L.P. 212 424-8125 jklauber@llgm.com >>> 03/12/01 01:00PM >>> Quick question to Joe and/or Christian, John and Mary: I'm assuming that any deal we sign with DWR that falls below the $150/MWH soft cap is free and clear of the order FERC issued on Friday as well as any other refund risk associated with FERC's December order. Is that correct? Thanks. Best, Jeff