Message-ID: <14038295.1075857181619.JavaMail.evans@thyme>
Date: Fri, 28 Jan 2000 08:02:00 -0800 (PST)
From: oscar.dalton@enron.com
To: ozzie.pagan@enron.com, janet.dietrich@enron.com, michael.miller@enron.com
Subject: Lincoln
Cc: russ.porter@enron.com, benjamin.rogers@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: russ.porter@enron.com, benjamin.rogers@enron.com
X-From: Oscar Dalton
X-To: Ozzie Pagan, Janet Dietrich, Michael Miller
X-cc: Russ Porter, Benjamin Rogers
X-bcc: 
X-Folder: \Benjamin_Rogers_Dec2000_2\Notes Folders\Discussion threads
X-Origin: Rogers-B
X-FileName: brogers.nsf

We conducted a conference call with Lincoln today and they advised they are 
no longer interested in working with Enron on the LM-6000 opportunity that 
had been under consideration.  The main reasons given was that there was 
extreme existance in the organization.  Lincoln said they would need an 
annual payment of $90 to $100 per kw/yr to do the deal which they feel is 
extremely out of the market and Enron would not transact.  At this level, we 
would be break-even at best, even with the OPPD work-out value and the gas 
deal.

Lincoln is currently developing a peaking project using ABB units that must 
be in operation 6/01.  All of their resources are dedicated to this project.  
Their plan is to install LM-6000's for a 11/1/03 start date and they are not 
prepared to deal with an acceleration of the project.  The feel that working 
with Enron at this time only complicates their workload.

Lincoln did say they were interested in working with us on a gas supply and 
pipeline transaction as the site for development is 6 miles from Northern 
Natural Gas.  

I will begin this evaluation and consider the possibility of selling two 
LM-6000's bundled with the supply and infrastructure deal.

Oscar