Message-ID: <7716677.1075840888452.JavaMail.evans@thyme> Date: Fri, 20 Jul 2001 16:32:55 -0700 (PDT) From: f..calger@enron.com To: louise.kitchen@enron.com Subject: Longview Bids - Confidential Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Calger, Christopher F. X-To: Kitchen, Louise X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\Portland X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst Louise, This is incomplete with some bids expected next week. A lot of companies had a late start due to the 4th of July holiday so they have been whining this week about an extension. Bids are preliminary and based solely on the info memo. Bids are in addition to all sunk costs: McCook Metals - $20MM (this is an ongoing, slow negotiation) PPL Global - $15MM Reliant $10MM Indicated that they will submit bid later today/over weekend/early next week: Calpine Allegheny AES Sempra Williams El Paso NRG Dynegy I expect some of these wont show up. Out for various reasons: Mirant Constellation Entergy FPL PG&E Orion PSEG Tractabel If we end up with 5-6 positive bids, even if they are non-binding, I think it supports risking additional capital to get this project fully developed/sold (DASH in process). One interesting note: Allegheny wants to see our offer. If we have several reasonable bids ($10-$20), it might make sense to offer a high outlier. I will update. Regards, Chris Calger 503-464-3735