Message-ID: <6885618.1075859253764.JavaMail.evans@thyme> Date: Sun, 23 Dec 2001 14:04:24 -0800 (PST) From: no.address@enron.com To: m..presto@enron.com Subject: East Power Summary Cc: dana.davis@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: dana.davis@enron.com X-From: Miller, Don (Asset Mktg) X-To: Presto, Kevin M. X-cc: Davis, Mark Dana X-bcc: X-Folder: \Kevin_Presto_Jan2002\Presto, Kevin M.\Deleted Items X-Origin: Presto-K X-FileName: kpresto (Non-Privileged).pst Kevin, Jon Hoff summarized the East Power positions in the attached spreadsheet. If he did it correctly, I beleive it says that to purchase power from 12/27 through 12/31, you need a total of $18MM. However, the $18MM includes $4.5MM for PJM and $5.5MM for Nepool, which we are working on seperate payment/prepayment terms right now (this assumes we purchase ALL Nepool and PJM power from the pools). As such, what you need immediately is a little over $8MM for bilateral deals to prepay for power outside of PJM and Nepool for the period of 12/27 through 12/31. In total, $18MM of power purchases will generate $20.5MM of receipts, or a little over $2.5MM net for the estate. Question - this sheet shows Ameren is negative $194M over the three days. Are you serving to preserve a contract that turns positive later? If this sheet is fair and accuarte, let me know and I will forward to Bowen and DeSpain tonight. It probably makes sense to get on the phone on Monday with them and knock this out quickly. I don't anticipate any problems. Don 713-529-6280.