Message-ID: <4765839.1075851621680.JavaMail.evans@thyme>
Date: Wed, 3 Oct 2001 15:30:44 -0700 (PDT)
From: jeff.dasovich@enron.com
To: robert.neustaedter@enron.com, m..landwehr@enron.com, paul.kaufman@enron.com, 
	harry.kingerski@enron.com
Subject: RE: Hedging Opportunities
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Thank you Robert for pointing that out.  I think there is/will be an opportunity--if we can ever get paid, and if we can ever comfortable from a credit standpoint--and my apologies for not having flagged that sooner.  Too many balls.........in the air.

Best,
Jeff

 -----Original Message-----
From: 	Neustaedter, Robert  
Sent:	Wednesday, October 03, 2001 5:21 PM
To:	Landwehr, Susan M.; Kaufman, Paul; Dasovich, Jeff; Kingerski, Harry
Subject:	Hedging Opportunities

Article 2, Section 2.4 of the recent Settlement Agreement between SCE and CPUC states that SCE intends to apply to the CPUC for approval  to incur up to $250 million (recoverable in a tracking account) to acquire financial instruments intended to hedge fuel cost risks associated with its URG and QF contracts.  Any commercial opportunities there?