Message-ID: <4448096.1075857205297.JavaMail.evans@thyme> Date: Mon, 25 Sep 2000 05:26:00 -0700 (PDT) From: louis.iaconetti@csfb.com To: don.miller@enron.com, benjamin.rogers@enron.com Subject: Additional Questions Cc: james.bartlett@csfb.com, omar.al-farisi@csfb.com, rishi.modi@csfb.com, james.heckler@csfb.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: james.bartlett@csfb.com, omar.al-farisi@csfb.com, rishi.modi@csfb.com, james.heckler@csfb.com X-From: "Iaconetti, Louis" X-To: "Don Miller (E-mail)" , "'Benjamin Rogers'" X-cc: "Bartlett, James" , "Al-Farisi, Omar" , "Modi, Rishi" , "Heckler, James" X-bcc: X-Folder: \Benjamin_Rogers_Dec2000_2\Notes Folders\Discussion threads X-Origin: Rogers-B X-FileName: brogers.nsf I received a call from Tom Favinger at PG&E today. He is looking for the responses to his questions from last week and also has a new question. He would like to get a breakout of the $10.25 million item in the Pastoria capital budget labeled Pre-Commercial Operations Costs. I also spoke to Darryn O Llegas from PECO today. They are planning to bid on the peakers and LV Cogen on Friday. His questions are: Peakers * Will Enron's control area dispatching/scheduling software be included in the property conveyed with the peakers? * Do the Peaker's permits make any allowance for combined cycle operation or would they need to re-start the permitting process? * They would like clarification concerning the joint ownership of gas interconnects - what is owned, cost to maintain, etc. LV Cogen * Update on status of Phase II permitting? * Update on status of development process? * Are there any tax abatements of any type for the Phase II project? Additional Comments from PECO: * Don't have price curves yet for all of the peakers markets - will need to develop prior to final bid. * May have a concern re: market power for the peakers as a result of the PECO/Unicom merger. They will be comfortable enough to bid this week and don't expect it to be a concern for the final bid. * They will probably submit a bid with separate values for: Wheatland; other peakers together; LV Cogen. * They are working their bid from two perspectives: replacement cost plus a premium and discounted cash flow. DCF will obviously change as they get their price curves updated.