Message-ID: <29651893.1075857196862.JavaMail.evans@thyme>
Date: Tue, 20 Jun 2000 04:42:00 -0700 (PDT)
From: jinsung.myung@enron.com
To: benjamin.rogers@enron.com
Subject: Model for Cinergy
Cc: clement.lau@enron.com, don.miller@enron.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: clement.lau@enron.com, don.miller@enron.com
X-From: Jinsung Myung
X-To: Benjamin Rogers
X-cc: Clement Lau, Don Miller
X-bcc: 
X-Folder: \Benjamin_Rogers_Dec2000_2\Notes Folders\Discussion threads
X-Origin: Rogers-B
X-FileName: brogers.nsf

I changed Heat rates for Caledonia and Gleason, and Start Charge for Gleason. 
Heat rates has no impact on numbers. Only increased start charge reduced IRR 
from 13.966% to 13.947% with same debt and equity scenario. I think we can 
stay with previous numbers (debt and equity) with new heat rates and start 
charge. Jin
