Subject: Saguaro
From: [email-masked]
To: [email-masked], [email-masked], [email-masked]
Cc: [email-masked]
Date: Fri, 28 Sep 2001 16:54:24 -0700 (PDT)

We executed the purchase and sale agreement today.  Closing should occur in late October/early November and is subject only to bank and partner consents.  Bank consent will require NRG getting a  legal opinion on NRG's ability to close without violating QF status (we believe this is a non-issue but will require some handholding).  Our internal and Sale proceeds will be approx $20.793MM split between JEDI and ENA.  

Chris Calger
503-464-3735