Message-ID: <22404264.1075861772033.JavaMail.evans@thyme>
Date: Wed, 17 Oct 2001 07:34:34 -0700 (PDT)
From: blair.lichtenwalter@enron.com
To: robert.kilmer@enron.com, teb.lokey@enron.com, eric.gadd@enron.com, 
	kevin.hyatt@enron.com
Subject: Levelized Sun Devil Rates
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Lichtenwalter, Blair </O=ENRON/OU=NA/CN=RECIPIENTS/CN=BLICHTE>
X-To: Kilmer III, Robert </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Rkilmer>, Lokey, Teb </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Tlokey>, Gadd, Eric </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Egadd>, Hyatt, Kevin </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Khyatt>
X-cc: 
X-bcc: 
X-Folder: \KHYATT (Non-Privileged)\Hyatt, Kevin\Inbox
X-Origin: Hyatt-K
X-FileName: KHYATT (Non-Privileged).pst

Attached is a table containing estimates of levelized rates for the Sun Devil project for several combinations of equity capitalization and capital recovery periods. Other assumptions underlying the rate calculations are also shown. If you have any questions or need any additional studies please advise.